FMG 1.50% $18.24 fortescue ltd

China will not ban Australian Iron Ore. The bans are symbolic...

  1. 34 Posts.
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    China will not ban Australian Iron Ore. The bans are symbolic and designed as payback for Australia supporting Trumps blaming of the pandemic on China as part of his reelectiom policy. Trnsions with China US will unwind with Biden in power and so too AustraChina relations will improve. FMG is minting money as a result of China needing Australian Iron Ore. Australia is in the drivers seat on this one
 
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