AUSTRALIA IS THE DUMBEST NATION WITH THE DUMBEST GOVERNMENT ON THE PLANET
WHY YOU MAY ASK?
Australia has the biggest deposits of Iron Ore in the world. we sell approx 900m tonnes per year almost 3 times the next biggest producers Brazil and China.
Australia has one of the largest deposits of Coking Coal and Thermal Coal in the world
Australia has one of the highest electricity costs in the world.
Australia imports from China, Steel made from Australia Iron Ore at around $4,000 tonne
On the north west coast of Australia we produce hundreds of millions of tonnes of iron ore and export it to China. On the north East coats of Australia we export coking coal to China that is used to melt the iron ore and make steel. We sell the iron ore (62%Iron) for around $US60 ($A80) per tonne. We dig it and deliver it to China at that price. (price includes delivery). We sell the coking coal to China for around $A140 tonne. It takes less than 1 x tonne of coking coal and 2 tonne of iron ore to make one tonne of steel. (pig iron). So the raw product costs $160 for the iron ore and $A140 for the coking coal. Total cost of raw product $A300.00 (three hundred dollars). We buy it back from China for around $A4,000 per tonne as steel products.
Why would a government allow this to happen? Free trade you might ask? Bullshit.
Why wouldn't a major iorn ore smelter and steel production operation be set up in mid North Australia on a port or deliver to say Townsville and have a smelter and refinery to manufacture steel and export it. China and Japan make 450 million tonnes of steel from our exports of iron and coking coal. At that rate they sell at current prices 1.8 Trillion per year of our raw products supplied to them.
AUTRALIAS TOTAL EXPORTS FOR ALL EXPORTS OF EVERYTHING IN 2016 was $A190 Billion. China and Japan have sold our iron ore alone for 10 times our whole Nations exports of everything we manufacture. Our total Exports from Australia $190B we sold our iron ore and coal to China and Japan and they sold it for $A1.8 Trillion. Smart nation us aussies. Smart government in Australia.
ELECTRICITY CHARGES IN AUSTRALIA
WON'T GO INTO TOO MUCH DETAIL AS I START TO CRY WRITING THE STORY.
We sell thermal coal from Australia to China and others for $US95 tonne to generator electricity.. So we supply them our coal so they can have cheap electricity. Coal burns and makes steam which turns the generators to make electricity. Because we sell them our coal to make cheap electricity by using coal fired power stations, we are shutting our coal fired power stations and paying for high cost renewable energy.
The cost for a KWh (one kilowatt of power per hour) in Australia is Sydney 25c per KWh, Brisbane 26c per KWh and Im told 30c in Mt Isa and out west of QLD. Mt Isa electricity in 2014 was 8c KWh, 3 years later under the knock kneed dumb arse premier of QLD now 30c per KWh
.
United States cost is 12c per KWh, Canada is 10c per KWh and China around the same.
Its cheaper in Australia to run a diesel generator which will cost around 20c per KWh.
We all live on one planet. How does int make sense for the Australia Government that we can sell Cheap Coal to the world to generate cheap electricity and pollute the atmosphere, but not Australia. The rest of the world is building coal fired and nuclear power stations and we are not. We are just selling them the uranium and coal. Whilst they are building them we are closing them.
The cost of electricity in 2018 will rise to around $0.40c per KWh. That means what you are paying now will double. It will just rise from there every year.
Oh one last thing. Our prime minister tells us he now has a free trade agreement with China. Oh yearh
An Australian cannot buy real estate of any description in China. No land , No houe , No apartment.
China charges 25% duty on Aussie Honey, 100% on our wine and 50% on just about everything else.
Australia puts no duties or taxes on imports from China and they can buy our farms, our houses our land or anything else they want.
WHAT A DUMB ARSE COUNTRY (CUNTRY) WE ARE AND WHAT A DUMB ARSE GOVERNMENT.
