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Iron ore pricing negotiations with China were always tough - and got even tougher in 2022 with the establishment of a centralised procurement enterprise China Mineral Resources Group.

Fortescue ore ‘blacklisted’ in China amid hard pricing talks

Fortescue is the latest Australian miner to become embroiled in a standoff with a Chinese State-owned iron ore buying desk over pricing, which is reportedly moving to blacklist some of its products.

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