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Natural Resources and Commodities

China buys iron ore from Australia despite suspension
By STAFF EDITOR
Published: March 19, 2008 12:00 PM
Rio Tinto Group and BHP Billiton Ltd have sold iron ore to Chinese steelmakers on the spot, or cash, market, this year despite an informal suspension on import licenses, Bloomberg reported, citing a Merrill Lynch report released Tuesday. The sales come despite the China Iron & Steel Association and China Chamber of Commerce of Metals, Minerals & Chemicals Importers & Exporters earlier telling importers ...
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