boyo
Mark Ella (57)
As I've long thought, one day the Chinese will bite the coal industry on the bum, and it has come to pass.
Last week the iron-ore price had fallen to a significant low.
In another thread I said:-
"TA seems to want Australia to be a quarry for the world but seems to have no other vision for Australia's future..
What happens when there is no more stuff to gig up, or when there is nothing left to privatise?"
He seems to have put many of Australia's eggs into the mining basket.
Aiui royalties from coal-mining account for only 2% of NSW revenue, yet coal-mining appears to hold greater significance to most of the public. Perhaps the Minerals Council's PR department have pulled the wool over many people's eyes.
Australia has a great opportunity to develop other export products, but TA seems to think that mining will fix all woes.
Last week the iron-ore price had fallen to a significant low.
In another thread I said:-
"TA seems to want Australia to be a quarry for the world but seems to have no other vision for Australia's future..
What happens when there is no more stuff to gig up, or when there is nothing left to privatise?"
He seems to have put many of Australia's eggs into the mining basket.
Aiui royalties from coal-mining account for only 2% of NSW revenue, yet coal-mining appears to hold greater significance to most of the public. Perhaps the Minerals Council's PR department have pulled the wool over many people's eyes.
Australia has a great opportunity to develop other export products, but TA seems to think that mining will fix all woes.