BHP Contributed $8b in Tax, but Chalmers Won’t Be Panicking About Its Stoush with China – Yet

BHP contributed $8b in tax, but Chalmers won’t be panicking about its stoush with China – yet

The stand-off between BHP and China is a concern. But it doesn’t mean the federal budget is in trouble just yet.

BHP iron ore shipments continue despite China deadlock

The federal opposition says the government has a ‘hands-off’ attitude to the dispute over Australia’s biggest export.

Monsters of Rock: Can China haggle its way to iron ore discounts?

Iron ore market in limbo as China blocks BHP cargoes But analysts think the situation will be temporary Price drops below US$100/t could require significant shifts in iron ore supply and demand Iron ore has taken a hit this week, ever so slightly, falling to US$103.30/t on Friday morning after a recent surge to +US$106/t. The irony of iron ore’s recent rise has been that China has been making efforts to clamp down on steel overcapacity. With its…

Iron Ore: Australia’s Golden Goose Gets ‘Clucky’ - Fat Tail Daily

A “clucky laying bird” refers to a broody hen that stops laying eggs to sit on a nest of eggs with the instinct to hatch them. She will often fluff her feathers, refuse to leave the nest, and become defensive or aggressive. Stay with me… You may have heard about China’s decision to halt iron ore purchases from the world’s largest mining firm, BHP. A key source of income for Australia’s economy. So, is our golden goose getting clucky? Iron ore ex…