colin barnett was on the ABC radio this morning talking about RIO/BHP tie in.
also Oakajee Transport rail route and how important it is to the Chinese.
a friend gave me a call on it after it was on,anyone get to listen.
just found this
Barnett to travel to China after Chinalco plans scrapped
Posted Sun Jun 7, 2009 11:00am AEST
Updated Sun Jun 7, 2009 11:40am AEST
The Premier Colin Barnett will travel to China in the wake of Rio's decision to scrap Chinalco investment plan.
Analysts are supporting the Premier Colin Barnett's plans to fly to China to try to secure future investment in Western Australia.
On Friday, BHP and Rio Tinto announced they would be merging their Pilbara iron ore assets, scrapping plans for a $24 billion deal between Rio and the Chinese owned Chinalco.
The Premier Colin Barnett will fly to China next month to try to ease the tension caused by the merger.
Mining analyst Peter Strachan says it is an important trip because WA's economy is reliant on exports to China.
"So I think as the Premier of the state he would be wanting to go in there and to make sure that the powers that be in Beijing are reassured that in fact Chinese capital and Chinese partnership in Australian business is still very much wanted," he said.
- Forums
- ASX - By Stock
- find yours and get on them; june for iron ore
find yours and get on them; june for iron ore, page-27
-
- There are more pages in this discussion • 35 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)