itabirite - 9 to 13 billion tons , page-22

Hi Wescott, perhaps we could see the beginning of a major sea change in chinese thinking and approach.

Perhpas, this is why the NDRC is saying the governemnt should provide maximum support for State steel companies to acquire the asset, build the infrastructure as well as the downstream processing for steel making.

I don't think not having done it well in the past is a reason for not trying to do it.

Africa is China's only option (as per the 3 pressing vulnerabilities). China has to try something bold and seize the initiative.