Oh lord, and we should all be equal in the land of communism.
Seriously read what you have said. If we don't supply it then another country will. Iron ore at 80 a tonne will see SA, Canada, India and especially Brazil increase their exports and encourage new entrants again. Which will push down the price again.... Bhp and RIO are making a lot of money at current prices, why wouldn't they produce more?
GBG Price at posting:
2.2¢ Sentiment: None Disclosure: Not Held