Via the FT comes the Australian doomsday clock via Simandou: Fadi Wazni, the chairman of SMB-Winning, the consortium, said it was already “advancing” discussions with partners interested in backing its ambitious plan to build a 110m-tonne-a-year iron ore mine in the west African country at an estimated cost of $15bn. These include China Railway Construction
The post UBS: China’s Pilbara killer a “material risk” appeared first on MacroBusiness.
[[ This is a content summary only. Visit my website for full links, other content, and more! ]]