FMG 5.53% $20.14 fortescue ltd

guinea iron ore stays locked in the ground, page-2

  1. 13,783 Posts.
    can you imagine the damage to IO prices if Simandou got up.

    BHP RIO VALE GINA etc etc are shooting themselves in the foot..by expanding..while demand is cooling.

    Their Greed for dominance is going to hurt everyone in the industry when IO prices drop too much , accept the Chinese steel mills .. they'll love it.
 
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