# Chinese officials have reversed prior restrictions, allowing local plants to once again bid for certain BHP iron ore cargoes priced in U.S. dollars.

*business · news · 2026-04-14 · Devdiscourse*

## Key points

- China has lifted restrictions on local plants bidding for BHP iron ore cargoes in U.S. dollars.
- The China Mineral Resources Group had previously banned purchases of BHP's Jimblebar fines last year.
- The policy reversal followed incoming BHP CEO Brandon Craig's meetings with major Chinese industry leaders.
- Brandon Craig also discussed expanded cooperation with Chinalco's chairman during his Beijing visit.

**Companies:** BHP, China Baowu Steel Group Corp, China Mineral Resources Group, Chinalco
**Countries:** China, Australia

[Read the full story on Devdiscourse](https://www.devdiscourse.com/article/headlines/3873149-china-eases-iron-ore-bidding-restrictions-after-strategic-talks)

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