RR Phantom
Location : Wasted Space Job/hobbies : Cayman Islands Actuary
| Subject: OZschwitz billionaire rightly blames high mining costs on government Wed Mar 11, 2015 10:43 pm | |
| Australia's richest woman Gina Rinehart has attacked federal and state governments for inflicting high costs on local miners, which are battling plunging iron ore prices as global supply swells.
Mrs Rinehart, who is building on her father's iron ore legacy by developing the $10 billion Roy Hill mine in Pilbara, also endorsed expansion strategies by BHP Billiton and Rio Tinto. The major miners have come under fire for flooding iron ore markets and depressing iron ore prices.
"You know if Australia doesn't export, someone else will," Mrs Rinehart told Fairfax Media on the sidelines of the Global Iron Ore & Steel Forecast conference, in Perth, on Wednesday.
Mrs Rinehart, who is estimated by BRW to have a $20 billion fortune, said it was high costs, rather than low iron ore prices that affected her Roy Hill project.
Read more: http://www.smh.com.au/business/gina-rinehart-blames-high-mining-costs-on-government-20150311-141foz.html#ixzz3U8SquZ00 _________________ Anarcho Capitalists Retail , OZschwitz Downunder BoutiqueAnarcho-Capitalists,AnCaps Forum,Anti-State,Anti-Statist,Inalienable Rights Defenders,Non-Aggression Principle,Non-Initiation of Force Principle,Rothbardians,Anarchist,Capitalist,objectivism,Ayn Rand,Anarcho-Capitalism,Anarcho-Capitalist,politics,libertarianism,Ancap Forum,Anarchist Forum,Vulgar Libertarians,Hippies of The Right,Forum for Anarcho-Capitalist,Forum for Anarcho-Capitalists,Forum for AnCap,Forum for AnCaps,Libertarian,Anarcho-Objectivist,Freedom, Laissez Faire, Free Trade, Black Market, Randroid, Randroids, Rothbardian, AynArchist, Anarcho-Capitalist Forum, Anarchism, Anarchy, Free Market Anarchism, Free Market Anarchy, Market Anarchy
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