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That's pretty bad for China. As I recall they import most of their iron ore from Australia for steel production. Australia is a huge metals exporter.
by yellow_lead 3y ago
That's pretty bad for China. As I recall they import most of their iron ore from Australia for steel production. Australia is a huge metals exporter.
- coffeecantcode 3y agoYeah it’s a bad look, especially since Australia pivoted to India to fill the large gap China left in their export market. Now India is importing from Australia at a rate that is alarming only to China. The only problem for Australia is the China was often times paying radically larger premiums for Australian goods then any other country would be willing to pay. So everyone is starting to feel the heat. https://www.wsj.com/world/asia/china-says-australias-exporters-can-come-back-some-say-no-thanks-5bcf5d27?st=4k1y248zy6iw4rh&reflink=article_copyURL_share https://www.wsj.com/world/asia/china-says-australias-exporte... Interesting read.
- ImaCake 3y agoAlthough your point still stands, the iron ore goes out through different ports mostly in the Pilbarra or northern Queensland.
- defrost 3y agoMoreover they're not particularly susceptable to remote cyber attack having been built in the 1970s. Dampier, Cape Lambert, Port Hedland, are all single jetty deep water ports with single high capacity conveyor belts that run out to human operated ship loaders. These aren't high volume container ports with fancy networked container picking & stacking robots servicing multiple ships at a time with complex consignment lists. The iron ore shore facalities are physically, electrically, network wise, isolated mostly manual operations with joystick loaders, captained pilot boats, and line of sight sea flag siognalling and radio channel communication. You can take them out with a bomb but not a cyber attack.