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Business Insider reported on BHP Billiton’s (NYSE:BHP) recent price slashing on manganese imports to China.
Business Insider reported on BHP Billiton’s (NYSE:BHP) recent price slashing on manganese imports to China.
As quoted in the market news:
Little though manganese may be worth to BHP, relatively speaking, its capacity to keep manganese in the ground by holding down the price has a big impact on the pure or independent manganese miners, on whose futures China has wanted to have at least as much say as BHP.
