Iron Ore
The iron ore price in the spot market have seen a rise of 10 percent despite the crisis regarding the China crackdown over Rio Tinto (RIO) executives is still making the headlines in the corporate world. The crisis started on July 5th when the Chinese authority arrested Stern Hu, a high official of Rio Tinto who was operating as the chief negotiator for iron ore here in China as the country claims he was involved in corruption, bribery and spying.
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- National Australia Bank (NAB)
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