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27 Aug
13:10

China designates iron ore a strategic resource

China says it aims to vigorously develop domestic mineral resources, especially domestic iron ore mining. Soaring iron ore prices in recent years have led to an increase in steel prices in China, and higher production costs have also impacted the profits of Chinese steel mills, Kallanish notes. Last week, the Ministry of Natural Resources of China pointed out that the "Outline of Action for Domestic Prospecting of Strategic Minerals (2021-2035)"…
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