Business
Beijing’s new ‘iron ore security’ policy puts Australian miners on edge – Splash 247
China’s decision to construct a raft of new VLOC terminals is being interpreted by some analysts as part of a bigger geopolitical play to cut the nation’s reliance on Australia for its iron ore import
Chinas decision to construct a raft of new VLOC terminals is being interpreted by some analysts as part of a bigger geopolitical play to cut the nations reliance on Australia for its iron ore imports amid a severe souring of diplomatic ties between the two Asia-Pacific nations.
Beijings National Development and Reform Commission (NDRC) has given the green light for four new VLOC terminals to be built in Rizhao, Yantai and Lanshan in Shandong province, and Sanduao in Fujian province to go alongs…
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