Subscribe to RSS feedAnalysts doubt Fortescue’s Chinese ore deal
by
Jim Wilson
—
last modified
Aug 27, 2009 04:59 PM
CHINA has touted its iron ore pricing deal with Australia’s third-largest miner, Fortescue Metals Group, as a “win-win” deal.
However, analysts were inclined to take a pessimistic view of the settlement as both sides could be seen to be negotiating from a position of weakness.
Fortescue needs Chinese funding to become the force in iron ore that it...
This full article is available to Lloyd's List DCN subscribers only.
If you are already a subscriber, please sign in below.
If you're not a subscriber and would like to experience the full benefits of Lloyd's List DCN with a 14 day trial, please click here.
Alternatively, click here to subscribe.
| Tweet |
