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Commodities Briefing - Categorized | Metals and Minerals more

Australia’s mining boom ‘not over yet’

Posted on 26 August 2013

Former Chinese commodities trader Jerry Ren Xiaofeng, who is quietly building a mining empire in the Australian Outback, scoffs at talk the resources boom is over. For him, it has just moved north.
As some mining firms clock up billions of dollars in losses, Ren has secured millions of hectares of exploration rights in Australia’s most remote regions that could soon make him a billionaire, helped by his connections in the world’s biggest consumer of minerals, China………………………………………..Full Article: Source


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