China interests in iron ore independence from Australia
Grão-Pará Multimodal’s executive director, Paulo Salvador comments “The fact that there are no Chinese investors in mineral exploration in Brazil, in my view, is not related to any barrier, but because until now, they have not felt this need,” he said.
“For years, the iron ore market was balanced in terms of supply and demand and, consequently, stable prices. With recent developments in both supply and demand, there needs to be a rebalance in the market. Given China’s relationship with Australia, I think that it would be interesting for China to have as many alternatives as possible.”
See full article here.
Published on South China Morning Post 13/01/2021.
SEE TOO
The authorization given by the Federal Government to six business groups for the construction and operation of new railroads in the Federal District...
Interviews of our Executive Director, Paulo Salvador, and the President of FIEMA – Federation of Industries of the State of Maranhão, Edilson...
Important event 05/05/2022, in FIEMA – Federation of Industries of the State of Maranhão with the presence of the President of the Bank of the...