China’s plan for iron ore giants hits snag
For two decades, China has been trying to reduce its reliance on iron ore supplied by top producers Vale, Rio Tinto and BHP Billiton without much success because the price of the ore it produces is higher.
Read more at: http://www.scmp.com/business/commodities/article/1487584/chinas-plan-iron-ore-giants-hits-snag
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