WritNo other sector in the Australian market cops as much flack as Iron Ore. You've got good quality junior businesses, who are constantly adapting to changing times, cutting costs etc. and then you've got giants like BHP and RIO who are supposedly controlling the price in order to squeeze them out of the market. In most competition law cases, that would be considered collusion and would be both unlawful and unethical.
once again :
BHP and RIO who are supposedly controlling the price in order to squeeze them out of the market. In most competition law cases, that would be considered collusion and would be both unlawful and unethical !!!!!!
that's so true !! and the best our government can do to Help the Juniors IO miners stave off the Duopoly of BHP/RIO .. was... bring in a Mining Tax ????
who runs this Country ?
the peoples Gov ... or the Big 2 Miners ?? ... killing smaller Miners ( AGO MMX GBG BCI GRR FMG ) by flooding the market with IO .. lowering IO prices and destroying the Capex spent by mum + dad Investors over those Mine Development years ???
where is the LAW against our Asset Destruction , by Collusion of the Duopoly???