More good news pre JORC.
"BHP hints at ore price surge XAVIER LA CANNA
February 14, 2010 - 9:05AM .
BHP Billiton chief Marius Kloppers has hinted iron ore benchmark prices are set to jump strongly and played down the chances of Chinese steel growth cooling down any time soon.
The head of the world's largest resources company, Mr Kloppers said his company's analysis showed China's steel industry was likely to double output by 2025, with continuing growth.
"We did a bottom-up analysis, how many buildings, what is the steel intensity and so on, and we think this trend is going to go on for the 20 years that we've forecast," Mr Kloppers told ABC television."
Extracted from :
http://www.watoday.com.au/business/bhp-hints-at-ore-price-surge-20100214-nyzb.html
More good news pre JORC."BHP hints at ore price surge XAVIER LA...
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