Ore War

Treadgold, Tim
October 2009
Forbes Asia;10/5/2009, Vol. 5 Issue 15, p21
The article focuses on various developments regarding trade relationship between China and Australia over iron ore mining. It states that a diplomatic dispute arose between two countries after Chinalco failed to snare a big share of Rio Tinto and mutual finger-pointing over iron ore prices. It focuses on the improvement in the relationship after Shanghai Baosteel Group Corp. won a price concession from Australian iron ore exporter Fortescue Metals Group and made investment in Aquila Resources.


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