It was only a matter of time ..China want to secure cheap (which Australia has plenty of) quality iron ore..and from some research China is no where near the per capita steel consumption levels of the developed economies ...throw in the mix neighbours India who are at something like only 30 kg per capita tipped to grow to 200 kg over the next 25 years ...whether you call it consolidation, rising ore prices etc. there is plenty of activity to come in this window ..bring it on
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