China Rumblings over BHP/RIO
Talking Wealth Podcast: Stock Market Trading and Investing Education | Wealth Creation | Expert Share Market Analysis · Dale Gillham
July 30, 20097m 42s
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Show Notes
While China has been holding out for a 40% discount in the long term contract price for iron ore, other markets have agreed to a 33% discount, plus spot price for iron ore is moving up
David continues his analysis of the BHP/RIO, by making comment on their proposed joint venture and how China is lobbying hard to have the joint venture proposal overturned.