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China diversifies iron ore sources amid strained ties with Australia – Global Times

Chinese companies are diversifying their exploitation of iron ore in Africa at a record pace amid soaring prices and strained relations with Australia, which experts…

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An iron ore mining site in Australia Photo: cnsphotos
Chinese companies are diversifying their exploitation of iron ore in Africa at a record pace amid soaring prices and strained relations with Australia, which experts said signals that China is reducing reliance on “unfriendly” Australia for this key resource.
They urged Australia to correct its mistakes and steer the worst-ever relationship with China back to normal for its own long-term benefit.
A consortium of three Chinese companies signed…

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