"While it's a complex industry, at the basic level mining is dead-simple: Dirt is dug from the ground, loaded onto trucks, taken to trains, then put on boats. It is the scale that stuns, particularly in this operation. The trucks are two stories tall. The trains are two miles long, and they pour like rivers down the mountains to the coast, where the carrier ships await. The million tons of ore the ships carry away each day is up by 70 percent in the past five years, and most of it is bound for China."
Monday, September 6, 2010
The Deal Is Simple. Australia Gets Money, China Gets Australia - BusinessWeek
"While it's a complex industry, at the basic level mining is dead-simple: Dirt is dug from the ground, loaded onto trucks, taken to trains, then put on boats. It is the scale that stuns, particularly in this operation. The trucks are two stories tall. The trains are two miles long, and they pour like rivers down the mountains to the coast, where the carrier ships await. The million tons of ore the ships carry away each day is up by 70 percent in the past five years, and most of it is bound for China."
