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Iron Ore Price Hikes Will Force China's "Going Out"
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China, the world's largest steel producer, consumer and exporter, as well as iron ore importer, will have to accept at least the 65% boost in the price of iron-ore reached between major steel producers in Japan and elsewhere and the behemoths that control iron-ore production.
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February 22nd,2008
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More Shots Fired in Chinalco-Rio Spat
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In a surprise move, China's Ministry of Commerce announced that it has regulatory authority over the proposed iron ore joint venture between Australian miners Rio Tinto and BHP Billiton.
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June 13rd,2009
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Amid the Rio Spy Tension, Vale Worms its Way Deeper into China's Steel Industry
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The world's three largest iron ore suppliers, Vale along with Rio Tinto and BHP Billiton, are facing a crisis of trust in China. By its widespread media advertising, Vale may (must?) be trying to take advantage by currying favor in China while Rio Tinto is embroiled in an industrial espionage scandal here.
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July 31st,2009
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