Rio defers development of Zulti South, page-10

Thanks for the reply, and your declaration Mineralsands.

My opinion is slightly different in that supply currently is comfortable, hence the static or peaking price.

What about the forward estimates of supply against demand though, surely that equation is developing a widening trend based on; extractable reserves, mineable quality and forecast demand?

As for Canada v OZ, yes I am sure there are each way bets all over the place, but RIO also has a pretty significant mining operation in the north of Western Australia, and the Thunderbird strike delivers very low cost extraction, and transport options - I would think, but am not certain, that the OZ options would offer a better margin than Canada?

Anyway, if you do feel like expanding a little, your views are most welcome and much appreciated.

Cheers

Cabe