BHP plans to treble NW iron ore output

Publications: The West Australian
Date: Mar 02, 2007

Mr Ashby said he expected the growth in Chinese steel demand to “level off” after 2010, but it would still require “very high” ore volumes. “So I don’t think things are going to change too dramatically in the short to medium term,” he said.

Mr Ashby’s optimism was broadly shared by China expert and consultant Robin Chambers.

Mr Chambers told the conference that Chinese iron ore imports had jumped almost 20 per cent to 326mt last year. Based on volumes imported in December, ore imports were running at an annualised rate of 422 mt, he said.





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