Although the world is experiencing some tough economic times (predicted to get worse before it get better) including Australia in particular WA I think Chinas outlook long term is still extremely positive.They and correct me if I'm wrong import more IO and export more products made from IO than any other country in the world.They have had uncomprehendable growth over the last decade or so and therefore should be heavily financially backed.Basically they require lots or IO and we have lots of it.It would only make sense then for China to be focusing on depressed Aust/Wa IO companies and to try and gain as much holding and control as they can while our mining industry looks grimm.These mills/companies will not only be guaranteed supply but will also have some control over pricing etc.The Chinese to continue their growth will always need IO I just hope GWR and FAS have a shirt load.
Sharethewealth - hopefully/hopefully not,I don't Know.
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