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Monday
Jul202009

Iron Ore War Update

China is insisting that four Rio Tinto employees stole state secrets related to iron ore demand, but Australia's Foreign Affairs Minister is hinting that the employees may be spared spying charges.

China May Ease Charges of Rio Tinto Workers

The commodity bull market may have been crushed but we view the iron ore saga between producers and China as signs that there might be some life left in it.

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