Gorgritch_Umie_KillaM to Perth / Western Australia · 4 hours agoWA is flush with iron ore, and now there's a chance steel could be made there toowww.abc.net.auexternal-linkmessage-square3fedilinkarrow-up16arrow-down10
arrow-up16arrow-down1external-linkWA is flush with iron ore, and now there's a chance steel could be made there toowww.abc.net.auGorgritch_Umie_KillaM to Perth / Western Australia · 4 hours agomessage-square3fedilink
minus-squareAussiemandeuslinkfedilinkarrow-up6·4 hours agoNo no no, export it cheaply, then buy it back at a premium. Don’t ruin the elites good thing
minus-squareOneser@lemm.eelinkfedilinkarrow-up4·3 hours agoWe had a long run of very good relations with China and, due to their sheer capacity for steel production, we could never compete on price. But when you throw in almost free electricity to the mix (with current solar prices) and geopolitical concerns, maybe this makes more sense now.
No no no, export it cheaply, then buy it back at a premium.
Don’t ruin the elites good thing
We had a long run of very good relations with China and, due to their sheer capacity for steel production, we could never compete on price.
But when you throw in almost free electricity to the mix (with current solar prices) and geopolitical concerns, maybe this makes more sense now.