FMG 0.85% $19.33 fortescue ltd

I wonder how this will affect China’s plans to replace Oz IO by...

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    I wonder how this will affect China’s plans to replace Oz IO by ramping up production of Chinese IO.....All going to plan by the sounds of it

    https://www.mysteel.net/article/5023840-0501/Shanxi-iron-ore-mining-accident-traps-13-workers.html

    https://www.google.com.au/amp/s/www...ccident-in-dai-county--shanxi.ryeO6Crxod.html
    Shanxi iron ore mining accident traps 13 workers
    Source:MysteelJun 11, 2021 18:30See Full-size Table Here
    ABSTRACT

    As of noon Friday, a total of 13 miners remained trapped in a water leakage accident in the underground iron ore mine in Daixian, North China’s Shanxi province, with the rescue efforts still ongoing, according to a report by Xinhua News Agency the same day. The accident has also obliged other firms mining underground, other than coal miners, to halt their operations so the safety of their mines can be determined.
    The accident occurred at a mine operated by the privately-owned Shanxi Daixian Dahongcai Mining Company early on Thursday June 10, when water began flooding the shaft where 16 miners were working. Three workers managed to escape but the others remained trapped, according to the report. As of Friday noon, the water level in the mine
 
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