There is still money available for the best projects in the resources sector. BHP and RIO have both left analysts with the view that the can and will look to expand production from their Pilbara operations despite recent talks around cost disciplines. The quality and scale of the assets in these two businesses is mind blowing and with the increased production flagged in the following article you can only deduce that they are confident on China's appetite for iron going forwards. An good article in the wake of yesterday's report from BHP (VIEW LINK)
I have 13 years experience in equity markets and financial media. In 2013 I Co Founded, Livewire Markets with Tom McKay. Our vision is to be the #1 source of investment ideas in Australia. Opinions expressed are my own.