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China Expands Restrictions on Fortescue Iron Ore Purchases

1 sourceFirst reported 19 days agoUpdated 19 days ago

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China's state-backed iron ore buyer has extended restrictions on Fortescue Ltd.’s iron ore.
The new curbs now include purchases of Fortescue's Super Special Fines product, in addition to existing limitations on portside inventories.
This action marks an escalation in the ongoing dispute between the Chinese buyer and the Australian mining company.

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AI summary: catch up in 20 seconds

China's state-backed iron ore buyer has extended restrictions on Fortescue Ltd.’s iron ore.
The new curbs now include purchases of Fortescue's Super Special Fines product, in addition to existing limitations on portside inventories.
This action marks an escalation in the ongoing dispute between the Chinese buyer and the Australian mining company.

Generated by AI from the 1 sources below · always verify with the originals