Ahh, supertim, was starting to think you'd left the planet :-)...

Ahh, supertim, was starting to think you'd left the planet You missed my point. Alternative supplies of ore (even run at a loss) will force majors to keep price low in an effort to route out China's steel mill owned mines! Who would want to stop this endless supply of iron ore by capitulating to the majors plan of squeezing out the higher cost competition! China is knocking billions and billions of dollars off the price of their imports by the senselessness of australian company executives giving away OUR ore! Dont u think it is in their interests never to allow a cartel to form in iron ore? Especially while thus stupidity is not only continuing, but is being encouraged for god knows what readin from this givernment! Another OPEC is not in China's interests! Imo dyor