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The country’s iron ore giants are walking a tightrope with Beijing

The country’s iron ore giants are walking a tightrope with Beijing

BHP, Rio Tinto and Fortescue are all confronting challenges – and responding differently – as they work on ties with their single most important buyer.

New BHP chairman Ross McEwan says Australia can’t afford to pick sides. Eamon Gallagher

For Australia’s big three iron ore miners, managing a relationship with China is a case of something old, something new, something borrowed, and trying to avoid a blue.

The old was back on the agenda at BHP’s annual shareholder meeting on Thursday, when chief executive Mike Henry found himself answering questions about the prospect of an iron ore merger with Rio Tinto.

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Peter Ker
Resources reporterPeter Ker covers resource companies for The Australian Financial Review, based in Melbourne. Connect with Peter on Twitter. Email Peter at pker@afr.com
Mark Wembridge
Resources reporterMark Wembridge covers resource companies for The Australian Financial Review, based in Perth. He formerly worked for the Financial Times in London and Hong Kong. Connect with Mark on Twitter. Email Mark at mark.wembridge@nine.com.au

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Original URL: https://www.afr.com/companies/mining/the-country-s-iron-ore-giants-are-walking-a-tightrope-with-beijing-20251023-p5n4pq