Quite right. A poster earlier clearly having burnt a hole in the pocket was angrily ranting about China manipulating the IO price. If so, China did a lousy job in manipulating it all the way to $238 and kept the average price sky high for 6 months. If China could just manipulate the IO price at will to pay bugger all to Aussie miners, then they are even better off than owning the mines. LoL
Iron ore price, page-37509
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