RHK 2.44% 80.0¢ red hawk mining limited

Huge Demand For Steel in China coming

  1. 249 Posts.
    A huge new project just announced by Chinese Government, the demand for steel for this incredible rail project will be huge!!
    And FMS would and Todd would already know about this .
    I have pasted article just hot off the abc news below.
    I will be holding FMS for a long time
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    e Chinese Government has opened a two-day summit in the capital Beijing to consolidate its massive global development project called One Belt One Road, or the New Silk Road project.
    President Xi Jinping will host 28 world leaders and representatives from another 70 countries to sell his hugely ambitious signature project.
    The plan is to build a vast network of new trade routes across the globe, multiple high-speed rail networks to penetrate Europe, massive ports across Asia and Africa and a series of free-trade zones.
    Closer to home, it will cement Chinese influence in the Pacific in countries like East Timor, Fiji and Papua New Guinea.
    China is going to spend up to a trillion dollars on infrastructure .
 
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