Kloppers and all the iron ore producers are dreaming. China demand has well and truly peaked with their infrastructure boom over the Chinese economy is moving into a new phase.
Supply of iron ore has never been higher with all the production that has come online in the last 2 years and that which is due to come online in the next 2 years. The excess supply and declining demand can only have one effect on prices.
Ann: Presentation ADU Conference Perth , page-7
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