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Beijing’s new ‘iron ore security’ policy puts Australian miners on edge

China’s decision to construct a raft of new VLOC terminals is being interpreted by some analysts as part of a bigger geopolitical play to cut the nation’s reliance on Australia for its iron ore imports amid a severe souring of diplomatic ties between the two Asia-Pacific nations. Beijing’s National Development and Reform Commission (NDRC) has …

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China’s decision to construct a raft of new VLOC terminals is being interpreted by some analysts as part of a bigger geopolitical play to cut the nation’s reliance on Australia for its iron ore imports amid a severe souring of diplomatic ties between the two Asia-Pacific nations. Beijing’s National Development and Reform Commission (NDRC) has …

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