re: Ann: Waiver of 80% minimum acceptance con... "I think its more about securing the Iron Ore for longer term supply to China. 10, 20, 30+ yr time line."
... and pay BHP and RIO et al ludicrous prices in interim?
If China had a choice they would want to mine it themselves.
I agree they are working to a 50 year time line, but this kind of long drawn out process doesn't help anyone.