Glasenberg: Pilbara killer is go – MacroBusiness

The recent Chinese trade war on itself via Australia has contributed to tremendous rises in the iron ore price. If it needed any further convincing, this has tipped the scale for the CCP’s long-held dream of creating a substantial African iron ore alternative.Departing Glencore chief executive Ivan Glasenberg, who knows a thing or two about dodgy emerging market regimes, today confirms it at the AFR where he says:

• Development of Simandou is certain. Personally yes, I am very certain.
• Aussie coal…

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