Funny buggers about BHP’s China iron ore may have serious consequences
The miner says its tense negotiations with the Chinese are nothing out of the ordinary. But the fact they’ve taken a strange turn this year is telling.
Late on Friday night, as Australian markets prepared to pack up for the weekend, a small, largely unknown website based in the ancient city of Istanbul published a seven-paragraph story suggesting a dramatic change in the way BHP would sell iron ore to China Inc.
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James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com
