Sleeping Beauty ASX BSX, page-401

Given how China resents any foreign influence or oversight of their actions and performance, I can foresee in the future that they won't allow themselves to continue to be pegged by the LME for their minerals pricing and will continue to make incremental efforts to circumvent by strategic acquisitions and off-take agreements.

Internalisation and privacy is their preference in business and being able to use their sovereign equity access as a crowbar, they'll probably seek to create a pipeline straight from the mines to their factories. This could be the early days of future resource wars.