China's state iron ore buyer agrees new annual supply contract with Rio Tinto, sources say
Today 14:10
China's state iron ore buyer agrees new annual supply contract with Rio Tinto, sources say Oct 21 (Reuters) - China's state iron ore buyer has agreed with Rio Tinto RIO.AX, RIO.L a new supply deal for the key steelmaking ingredient, people with knowledge of the matter said.
China Mineral Resources Group (CMRG) verbally notified some steel mills of the agreement without giving further details, they said.
(Reporting by Reuters staff. Editing by Mark Potter)
Recent news on Rio Tinto
See all newsChina's state iron ore buyer agrees new annual supply contract with Rio Tinto, sources say (updated)
China's state iron ore buyer agrees new annual supply contract with Rio Tinto, sources say
Factbox: Low-carbon copper and aluminium products
Europe Research Roundup: AJ Bell, CMC Markets, Nestle
UK's FTSE 100 closes at seven-week high on fiscal reassurance, defensive buying