David Nealis in booming Shanghai China |
The largest exporter of the key steelmaking materials will build enough railroads to stretch from Washington DC to Los Angeles over the next decade, as well as a new port on the Great Barrier Reef coast that will dwarf the world's biggest bulk harbor. The projects will near-double global coal trade and add 57% to the market for seaborne iron ore.
If you are a Bull on the Australian Market then you better hope China and India keep up their rapid growth.
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