I had a meeting yesterday with one of the largest shipping agencies in China yesterday and learned that they Australia was such an important natural resourceprovider for China that it is opening a major office inPerth.
For proof, you don’t need to look any further than the stellar profit reportfrom BHP Billiton.
BHP reported a seventh straight year of record profits. Production was up by 25% on a year-over-year basis.
“I want to emphasis the unbroken record of increased production, and we will continue this trend in 2009 with anestimated 10 per cent growth next year across the portfolio,” said BHP CEO.
