Here’s a fact. “The CMRG has overseen plenty of activity in the Chinese iron ore sector since its introduction last year, with the 30 steel mills in question accounting for approximately 300 million tonnes of iron ore purchases per annum.”
Clearly CMRG needs significantly greater volumes of ore from outside the Rio-BHP-Vale blockade.
I’m expecting that to happen via Africa within 2023. We can read between the lines.
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