China busy building massive freeways now which use far more steel than a stadium.
Half the Chinese population still living in poverty while the other half are doing very well for themselves.
China still has a long way to go to get their entire population out of poverty.
To do that they need minerals like IO and everything else.
China building over 4000 new coal power stations which they need steel for.
China also looking at making green iron too now and building massive solar arrays.
All of which needs our iron ore.
They fazing out lower grade IO for only the better grade come September 25 which isn't
as polluting.
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