Explainer | How iron ore is powering China’s infrastructure boom, and why securing new sources is so vitally important
China’s appetite for steel has surpassed 1 billion tonnes a year, but it is becoming increasingly expensive to source the key ingredient – iron ore – from abroad
Some say Chinese demand for iron ore will fall as the pandemic stimulus starts to wear off, but China is proactively looking for alternative sources
……Read full article on South China Morning Post - China
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