There is an alarming move by China to deal directly with the Cameroon and Congolese Governments to strip SDL of its Mbalam and Nabeba iron ore deposits.
China will finance and build the mine, railroad and deep sea port. Enabling the production of 40 million tonnes per year of direct shipping iron ore grading at plus 62% fe.
This is for the first 12 years of mine life from Mbalam before benefication from Nabeba will be required.
China wanting to stick it to Australian exports will be able to cease at least 40 million tonnes of Australian iron ore from this one mine !!!
- Forums
- ASX - By Stock
- FMG lose 50% export
There is an alarming move by China to deal directly with the...
-
- There are more pages in this discussion • 47 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FMG (ASX) to my watchlist
|
|||||
Last
$18.36 |
Change
-0.080(0.43%) |
Mkt cap ! $56.12B |
Open | High | Low | Value | Volume |
$18.33 | $18.38 | $18.18 | $52.43M | 2.838M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
19 | 5235 | $18.35 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$18.36 | 702 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
19 | 6895 | 18.310 |
9 | 5524 | 18.300 |
19 | 13585 | 18.290 |
14 | 5471 | 18.280 |
6 | 4788 | 18.270 |
Price($) | Vol. | No. |
---|---|---|
18.330 | 16094 | 9 |
18.340 | 7299 | 12 |
18.350 | 18226 | 15 |
18.360 | 7464 | 7 |
18.370 | 4461 | 8 |
Last trade - 12.21pm 08/08/2024 (20 minute delay) ? |
Featured News
NEWS
Is oil undervalued?
FMG (ASX) Chart |