Baosteel negotiates $2bn JV with Rio Tinto
Global law firm King & Wood Mallesons has advised China Baowu Steel Group Co. Ltd on its entry into a joint venture with Rio Tinto in respect of the development of the Western Range iron ore project
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Global law firm King & Wood Mallesons has advised China Baowu Steel Group Co. Ltd on its entry into a joint venture with Rio Tinto in respect of the development of the Western Range iron ore project
In addition, there is no favourable policy at present, the macro sentiment has been pessimistic. Therefore, SMM believes that iron ore prices will drop to some extent in the near term.
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