the Chinese will not help IO go up .. they love it down .
Australian state + Fedral governments can control the export volumes of iron ore..there for controlling Supply ..and managing IO prices ..so BHP/RIO don't GIVE it away Free to the Chinese ..in some stupid " price race war" to the bottom .
so they (one) can say .."Im still standing " " ha ha you ALL lose ha ha I WIN"
Wont we all be proud Ozies ??
knowing our biggest and cheapest IO producers (2) ..Killed everyone else OFF trying to make a future for their kids and towns in Rural + outback Australia ??
doesn't it make you glow with joy and pride ..that we cannot trust the intentions and patriotism of our MAJORS in Mining ? where is the Fair go for all Ozies spirit now ?
Sold to the Chinese ..for peanuts.
What are CEOs of juniors doing?, page-15
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