‘Pilbara killer’ not so deadly after all?

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So says the AFR:

If iron ore from the Simandou mountains ever reaches the Atlantic Ocean, the Chinese, Singaporean, French and Anglo-Australian proponents of the scheme will have earned a celebratory drink.

As they clink their champagne glasses at their new Morebaya river port and marvel at their successful funding and building of a 550km railway through a politically instable nation without catching the ebola virus, the Simandou partners might find a big part of their proverbial lunch has already been eaten.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.