US EditionSteely Brinksmanship: China’s Iron Ore Power Play Jolts Australia
7 Articles
7 Articles
China Halts All BHP Iron Ore Imports
China Halts All BHP Iron Ore Imports acabral-sanche… Thu, 10/02/2025 - 10:53 SVG In the Media Oct 2, 2025 Sky News Australia China Halts All BHP Iron Ore Imports John Lee Senior Fellow John Lee Caption (Screenshot via Skynews) Toggle Table of Contents Contents Contents Share to Twitter Twitter Share to Facebook Facebook Share to LinkedIn LinkedIn Share to E-mail E-mail Print Print John Lee appears on Sky News Australia to discuss C…
According to Bloomberg, China has reportedly suspended its purchases of iron in dollars from the Australian BHP. The pressure, which is taking place in full negotiation between Beijing and the mining company on future deliveries, worries the authorities. And because of the trade in metal between BHP and China weighs nearly 5% of Australian exports.
What’s China’s Larger Game with BHP? - Fat Tail Daily
China just told BHP to take a hike. Well, temporarily at least. But when the world’s largest iron ore consumer freezes out one of the big three miners, markets listen. This week, Beijing’s state-run iron ore buyer, China Mineral Resources Group (CMRG), instructed domestic steel mills to halt all new purchases of BHP ore cargoes. We don’t know how long this will last, but for now, the ban covers everything from ore sitting in Australian ports to …
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