That clearly puts the Yilgarn proposal for Oakajee at risk too, not that that would affect GBG as much as the others in the med term.
Re. financing for GBG, Ansteel would be able to fund a larger proportion of the startup capital off their own balance sheet if they had to.
I'm not sure how much interference the Chinese Gov't would impose on their domestic steel industry though?
Without steel, the Chinese economy won't be going anywhere in a hurry. It will grind to a stop. Steel imports would skyrocket compounding the whole situation even further.
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