Australian iron ore conglomerate BHP hailed on Sunday its first shipment of yuan-based spot trade iron ore to dock at a port in East China's Shandong Province, as Australian …
China's major steelmaker Ansteel broke ground on a 22.9-billion-yuan (about 3.25 billion U.S. dollars) underground iron ore mine project in northeast China's Liaoning Province …
Australian miner Fortescue Metals Group won a tender to supply HBIS Group Co Ltd with an iron ore spot cargo that will be paid for in yuan, the Chinese steelmaker said on Monday.
Zhu Yi, a senior analyst with metals and mining at Bloomberg Intelligence, believes the launch of the yuan-based trade in iron ore is an important step for the Australian company …
Brazilian mining giant Vale SA started regular yuan-denominated spot trading in 2017. Rio Tinto, the world's second-largest iron ore miner, started iron ore spot trading through …
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It is estimated that the Xi'anshan mine, located 7 kilometers southwest of Qianshan District in Anshan City, will produce an annual 30 million tonnes of iron ore and 10 million …
Zhu said she believes the yuan settlement of iron ore purchases shows how global miners value the Chinese market as global mining companies including Australia's Rio Tinto, …
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Zhu Yi, a senior analyst with metals and mining at Bloomberg Intelligence, believes the launch of the yuan-based trade in iron ore is an important step for the Australian company …
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