Hi(longjohn99au) Could be also ArcalorMittal.They have about 40% of iron ore needs under contract,they want to get that up to about 70%. Have been investing heavily in Africa,only 4500kls from Cameroon. They have been spending big in China buying into companies and only last week buying into Macarthur Coal because Macarthur have about 35% of the world supply of PCI coal that they need for their furnaces. Regards Westcott.
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