Iron ore miners bend to China’s will

Original article by Rhiannon Hoyle
The Australian – Page: 22 : 6-Jun-18

Global iron ore producers are responding to growing demand for higher-grade iron ore in China by shifting production away from low-grade ore. They include Fortescue Metals Group, Vale and Cleveland-Cliffs. Fortescue recently announced plans to develop the Eliwana mine in Western Australia, with its output to be blended with lower-grade ore from the company’s other mines in the Pilbara. BHP also intends to blend ore from its proposed South Flank project with lower-grade ore.

CORPORATES
FORTESCUE METALS GROUP LIMITED – ASX FMG, BHP BILLITON LIMITED – ASX BHP, VALE SA, CLEVELAND-CLIFFS INCORPORATED, RIO TINTO LIMITED – ASX RIO

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