not good news

For those who voted labour.You get what you deserve.

For the rest of us its just a disaster to have these guys running the place. Thanks

Gives Ansteel a chance to run. Just crazy and bad signal to the chinese. They may just pull out to save face and teach RUDD a lesson, then watch the Midwest miners collapse and then come in.


''CHINA'S Anshan Iron & Steel Group Corp has been asked to re-submit its application to Australia's foreign investment review board to buy a $162 million stake in Gindalbie Metals.

The move, which could delay a go-ahead for the $1.8 billion Karara iron ore project, may increase worries among cash-strapped miners that the Australian Government is delaying decisions on a host of Chinese investment applications. ''



http://www.theaustralian.news.com.au/business/story/0,28124,25210702-5005200,00.html