from the AFR April 9,2021
China’s African iron ore strategy spells danger for Australia
Chanticleer
China’s African iron ore strategy spells danger for Australia
The Simandou iron ore deposit in West Africa has the potential to change the dynamics of the global iron ore market and put China in the driver’s seat.
Big difference to AVZ is Simandou requires a NEW rail line going through prime agricultural land AND a substantial NEW port investment.
Neither required by AVZ, who with a refurbished Hydro plant and a significant road upgrade (nearing completion) to allow access to different ports. Rail to Angola upgraded in the last decade by the Chinese, used to export the significant mineral exports further south in the DRC. There was an article as to how there was a mountain of Manganese from a mine ready to ship out as soon as that railway line to Lobito, Angola was completed.
With hydro power it will be cheap as chips to charge batteries for EV trucks or semis. The SEZ may deliver some tax relief also?
The Janus solution can deliver up to a 30 per cent reduction in maintenance and operating costs. (Australian conditions).
https://thedriven.io/2021/04/28/nsw-based-janus-electric-prepares-road-test-for-exchangeable-battery-for-big-rigs/
China is now building a new rail line to tap the higher grade coking coal deposits from Mongolia.
https://news.mn/en/793890/
China has not shied away from investing in infrastructure, possibly even Simandou.
Are the Chinese are on track to further reduce their Australian mining addiction?
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