Apollo Minerals Limited

( ASX:AON ) - Materials


Chinese Interest In Junior Iron Ore Producers

It is a widely held belief that closer ties between BHP Billiton (BHP) and Rio Tinto ((RIO)) in the Pilbara will force Chinese buyers of iron ore to switch their focus to other sources. China doesn’t like dealing with an increasingly entrenched oligopoly. This belief is increasingly being confirmed by smaller developers and producers in Australia reporting a spike in interest from Chinese customers.

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