A CHINESE company has joined two Indian companies and Australian mining identity Clive Palmer as main developers of the new Galilee Basin coal province after it was allocated terminal space yesterday at the vastly expanded Abbot Point coal port. India's Adani and GVK already had been allocated space at Abbot Point, the closest port to the Galilee Basin, and yesterday China's Meijin mining group was allocated one of the six new terminals at the port. As someone said no point investing in the little Australian. Might as well just sell everything to the chinese and indians. All i can say is i fear for the future of this country.
BND Price at posting:
57.0¢ Sentiment: None Disclosure: Held