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Business · AustraliaJan 20 (Reuters) – BHP Group has accepted lower prices for some iron ore during annual contract negotiations with China, it said on Tuesday, as it reported record first-half production of the key steelmaking ingredient. The miner also flagged a 20% jump in costs for its Jansen potash project in Canada. BHP said it was currently negotiating annual contract terms with state iron ore buyer China Mineral Resources Group (CMRG). “During negotiatio…See the Story
BHP reports record HY iron ore production, flags price concessions
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