Sinosteel Jittered Over Profit Tax
Submitted by Omaka Nelson on Sun, 06/13/2010 - 15:12The Chinese owners of miner Sinosteel Midwest Corporation Ltd. is witnessed to be concerned regarding the Federal Government's proposed resources super profits tax (RSPT), the Company's Chief Operating Officer Giulio Casello posts.
However, he claims that they remain devoted to mining in Western Australia's mid-west, considering the robust potential the region possesses in giving a spectacular supply of iron ore exports to China.
