Analysts say now is the time for China to start diversifying its iron ore supply away from Australia, including to places such as Brazil and West Africa. But with limited alternatives to choose from in the short term, relying on iron ore from down under looks to remain China’s best option. Illustration: Perry Tse Analysts say now is the time for China to start diversifying its iron ore supply away from Australia, including to places such as Brazil and West Africa. But with limited alternatives to choose from in the short term, relying on iron ore from down under looks to remain China’s best option. Illustration: Perry Tse
Analysts say now is the time for China to start diversifying its iron ore supply away from Australia, including to places such as Brazil and West Africa. But with limited alternatives to choose from in the short term, relying on iron ore from down under looks to remain China’s best option. Illustration: Perry Tse
China economy

China-Australia relations: breaking free of dependency on Australian iron ore would take years, but where is China looking?

  • China has interests in overseas mines with tonnes of iron ore reserves, yet most of it remains inaccessible amid bureaucratic wrangling and limited capital
  • Using more scrap steel is also an option for diversifying China’s iron ore supply, but this too is not without its hurdles and limitations

Topic |   China economy
Analysts say now is the time for China to start diversifying its iron ore supply away from Australia, including to places such as Brazil and West Africa. But with limited alternatives to choose from in the short term, relying on iron ore from down under looks to remain China’s best option. Illustration: Perry Tse Analysts say now is the time for China to start diversifying its iron ore supply away from Australia, including to places such as Brazil and West Africa. But with limited alternatives to choose from in the short term, relying on iron ore from down under looks to remain China’s best option. Illustration: Perry Tse
Analysts say now is the time for China to start diversifying its iron ore supply away from Australia, including to places such as Brazil and West Africa. But with limited alternatives to choose from in the short term, relying on iron ore from down under looks to remain China’s best option. Illustration: Perry Tse
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