No idea, but it wouldn't be much. Sojitz would just be pleased that they no longer need to stump up 30% of Southdown. I'd think that Shagang will want a share for themselves. The Chinese Government is now keen to see Chinese companies take a greater influence and control of iron ore price.
Whats interesting to note is that China has started to produce more low grade ore from their country and produce IO pellets, just announced another pelletizing plant has just been ordered
"This is our fifth pelletizing plant order in China since 2020"
https://www.mogroup.com/corporate/m...-a-large-iron-ore-pelletizing-plant-in-china/
Investors need to remember that China has 80 BILLION tonnes of low grade iron ore thats suitable for pelletizing.
Final dividend, page-19
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