Iron ore price, page-54710

I'd say there is 1000+ years of IO up north. They opening up new sites all the time.
They reckon we've only used about 1% of what is up north. It takes many billions to unlock it all.
The money been mainly spent with BHP, RIO and FMG. Gina is only about 50m/T a year so a small player.

The big 4 in the world is BHP,RIO, FMG and Vale then rest hardly made a dent.

I don't think people have any idea how large the deposits are as WA is a very big state.

Go look at a satellite shot of up north and the red part is IO country and only a very small part been mined so far.