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Reuters Africa reports China is investing in iron ore projects in Africa and elsewhere that will increase its access to supply.
Reuters Africa reports China is investing in iron ore projects in Africa and elsewhere that will increase its access to supply.
The market news is quoted as saying,
China, the world’s largest iron ore consumer, imported 618 million tonnes of iron ore last year, and most of that was supplied by global miners BHP Billiton , Rio Tinto and Vale.