The Age
·general
·2 hours ago
BHP ends iron ore pricing standoff with China after nine months
BHP and China’s iron ore pricing standoff has concluded, following nine months of intense negotiations. BHP reported a modest gain in share price as it confirmed production guidance amid minimal damage from the dispute. The settlement comes as China seeks greater control over iron ore pricing, impacting Australia’s largest export, which totals around $93 billion annually.
Summary by Glance · The Age
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