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China has lifted its restrictions on purchasing essential steelmaking materials from mining giant BHP Group.
China has ended its six-month restriction on purchasing BHP's seaborne iron ore cargoes.
KEY POINTS
- China Mineral Resources Group notified steel mills they can now buy BHP's materials again.
- Two vessels carrying BHP's Jimblebar fines are currently en route to China.
- BHP's new CEO, Brandon Craig, recently met with Baowu Steel Group to discuss cooperation.
COMPANIES
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