But China's already in the MidWest and have been burned at Sinosteel, Gindalbie, Karara, (and the Japanese are still smoking after Mitsubishi & Murchison imploded) etc, etc, so I don't think China's coming to Gary any time soon, especially with iron ore at US$70/tonne. China are still pouring money into the Cape Preston money pit, waiting for the first Yuan to hit the bottom.
"Game On !".... but its the waiting game.
PDY Price at posting:
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