China's vast steel industry will always need Australian iron ore, but a central agency could decide to favour nonAustralian supplies. The Japanese steel cartel that operated from the 1960s through to the 1990s was seen to have engineered surplus supplies and was able to keep the iron ore price at levels delivering bare profitability to the ...
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May 22, 2021 The Chinese government has drafted a fiveyear plan to slash its reliance on iron ore from Australia and other countries by almost half by investing in new mines offshore ...
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Mr Russell thinks the Australian government has to stop blocking Chinese investment in mining projects to enable greater investment. "They will be looking for assurances that when they want to do ...
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