Forum

 
  Back to OzPolitic.com   Welcome, Guest. Please Login or Register
  Forum Home Album HelpSearch Recent Rules LoginRegister  
 

Page Index Toggle Pages: 1
Send Topic Print
China blocks our iron ore (Read 101 times)
Bobby.
Gold Member
*****
Online


Australian Politics

Posts: 113008
Melbourne
Gender: male
China blocks our iron ore
Oct 1st, 2025 at 5:43pm
 

https://www.afr.com/companies/mining/untrue-confusion-over-china-s-reported-ban-...


Albanese urges swift resolution to China’s ‘ban’ on BHP iron ore



Mark Wembridge, John Kehoe, Andrew Tillett and Jessica Sier

Updated Oct 1, 2025 – 4.34pm,

first published at 4.28am


Prime Minister Anthony Albanese has called on China and BHP to resolve their iron ore dispute, urging a swift conclusion to hardball negotiations in a deal that jeopardises an estimated 3.5 per cent of Australia’s total exports.

China has temporarily banned purchases of the mining giant’s iron ore shipped from Western Australia’s Pilbara region, according to media reports, in a display of brinkmanship involving contracts covering the next 12 months.

China Mineral Resources Group, China’s state-run buyer for iron ore, has ordered the freeze on BHP shipments after negotiations stalled, according to a Bloomberg report.

Iron ore accounts for one-fifth of Australia’s total exports, and China is by far the world’s biggest buyer of the steelmaking ingredient.

Although BHP does not publish figures, the miner’s iron ore exports from Australia to China are estimated at $23 billion a year, or 3.5 per cent of the nation’s $660 billion total of goods and services exports.


Any reduction in demand from China for iron ore would have a knock-on effect on royalties and taxes flowing into government coffers.

“I am concerned about that, and what we want to make sure is that markets operate properly,” said Albanese.

“We have seen those issues in the past. I want to see Australian iron ore be able to be exported into China without hindrance. That is important. It makes a major contribution to China’s economy, but also to Australia’s.

“These measures are always disappointing, but let’s hope that they are very much short-term.
Back to top
 
 
IP Logged
 
Bobby.
Gold Member
*****
Online


Australian Politics

Posts: 113008
Melbourne
Gender: male
Re: China blocks our iron ore
Reply #1 - Oct 1st, 2025 at 5:44pm
 

https://www.theguardian.com/business/2025/oct/01/albanese-hopes-chinas-reported-...


The treasurer, Jim Chalmers, will meet with the boss of BHP


amid a shock report that the world’s largest mining company faces a Chinese blockade on its iron ore shipments.

Beijing’s state iron ore buyer has told steelmakers to pause imports of BHP ore, amid hardball negotiations over the price of the crucial resource, Bloomberg reported on Tuesday.

Chalmers said the reports were “concerning” but ultimately a matter for the company to work through.


“I’ll have discussions with [BHP chief executive] Mike Henry about that in due course, when we can set that up,” he told reporters in Brisbane on Wednesday.

Anthony Albanese said he was also “concerned” about the report.

“What we want to make sure is that markets operate properly. And of course, we have seen those issues in the past,” the prime minister told reporters.

“I want to see Australian iron ore be able to be exported into China without hindrance. That is important. It makes a major contribution to China’s economy, but also to Australia’s.”
Back to top
 
 
IP Logged
 
Bobby.
Gold Member
*****
Online


Australian Politics

Posts: 113008
Melbourne
Gender: male
Re: China blocks our iron ore
Reply #2 - Oct 1st, 2025 at 5:57pm
 

The Chinks want cheaper iron ore -

they are using their market power to bully us.
Back to top
 
 
IP Logged
 
Carl D
Gold Member
*****
Offline


Australian Politics

Posts: 10304
Rivervale, Perth
Gender: male
Re: China blocks our iron ore
Reply #3 - Oct 1st, 2025 at 6:03pm
 
I'm betting WA Premier Roger Cook is sh!tting himself right about now.  Grin

And, as I said in another thread last week - if China is supposed to be the 'Bad Guy' these days then why do we keep selling our iron ore to them seeing as they will probably be using some of it to make weapons?
Back to top
 

** Repeat Covid infections exercise our immune system in the same way that repeat concussions exercise our brain **
 
IP Logged
 
Bobby.
Gold Member
*****
Online


Australian Politics

Posts: 113008
Melbourne
Gender: male
Re: China blocks our iron ore
Reply #4 - Oct 1st, 2025 at 6:16pm
 
Carl D wrote on Oct 1st, 2025 at 6:03pm:
I'm betting WA Premier Roger Cook is sh!tting himself right about now.  Grin

And, as I said in another thread last week - if China is supposed to be the 'Bad Guy' these days then why do we keep selling our iron ore to them seeing as they will probably be using some of it to make weapons?



We rely on China for our standard of living.
Back to top
 
 
IP Logged
 
Carl D
Gold Member
*****
Offline


Australian Politics

Posts: 10304
Rivervale, Perth
Gender: male
Re: China blocks our iron ore
Reply #5 - Oct 1st, 2025 at 6:57pm
 
Bobby. wrote on Oct 1st, 2025 at 6:16pm:
We rely on China for our standard of living.


So we can buy cheap Chinese made junk in $2 shops?

Great standard.
Back to top
 

** Repeat Covid infections exercise our immune system in the same way that repeat concussions exercise our brain **
 
IP Logged
 
Setanta
Gold Member
*****
Offline


\/ Peace man!

Posts: 17062
Northern NSW
Gender: male
Re: China blocks our iron ore
Reply #6 - Oct 1st, 2025 at 7:18pm
 
Don't think Iron Ore Albo should be sticking his nose in and demanding BHP solve this. It's a business decision and China is obviously low balling them. More economic bullying from China and this will not be the last time.
Back to top
 
 
IP Logged
 
Belgarion
Gold Member
*****
Offline


Australian Politics

Posts: 5860
Gender: male
Re: China blocks our iron ore
Reply #7 - Oct 1st, 2025 at 8:48pm
 
Easy, Find new markets and start manufacturing at home. No need to be reliant on China.  Roll Eyes
Back to top
 

"I may not agree with what you say, but I will defend to the death your right to say it."

Voltaire.....(possibly)
 
IP Logged
 
Bobby.
Gold Member
*****
Online


Australian Politics

Posts: 113008
Melbourne
Gender: male
Re: China blocks our iron ore
Reply #8 - Oct 1st, 2025 at 10:21pm
 
Belgarion wrote on Oct 1st, 2025 at 8:48pm:
Easy, Find new markets and start manufacturing at home. No need to be reliant on China.  Roll Eyes



We can't make stuff as cheap as China can -

if we made it - it would cost 5 to 10 x the price.
Back to top
 
 
IP Logged
 
Page Index Toggle Pages: 1
Send Topic Print