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China’s iron ore squeeze is testing free market miners
A state-directed cartel for iron ore would be a retrograde reversion to the nation’s Fortress Australia protectionist path
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China’s iron ore squeeze is testing free market miners
A state-directed cartel for iron ore would be a retrograde reversion to the nation’s Fortress Australia protectionist path
- ·
Miners seek government intervention to counter China iron ore monopoly
As China centralises iron ore purchasing power, the big miners have urged Canberra to consider ways for Australia to leverage its market power.