South China Morning Post featuring Navigate Commodities

China’s stake in Guinea iron ore mine may cut dependence on Australia

Project will help diversify China’s supply chain but won’t cut out Canberra completely, analysts say Australia is the source of about 60 per cent of China’s iron ore imports The Simandou mountains, a 110km (68-mile) range deep in the interior of southeastern Guinea, is home to the world’s biggest untapped supply of high-grade iron ore, …

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