China to centrally control its mineral imports

  1. 22,731 Posts.
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    IMO it will be interesting to see the impact of China's newly formed
    (State Sponsored) buying consortium on the global price of IO,
    coal, LNG, Bauxite etc etc. If it works, then we'll have to review
    "I do it my way" individual marketing strategies by "our" miners.

    https://www.abc.net.au/news/2022-07-21/chinas-power-play-to-get-the-upper-hand-over-australian-iron-ore/101256236

    Could that be the beefing up of a specialist minerals export
    specialist division within Austrade?

    Lets face it...if we cant beat them, we'll have to join them with
    a counter SOE....eh? That solution should certainly not incorporate
    a Singapore marketing hub, IMO!!!!!!
    Last edited by moorookamick: 22/07/22
 
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