30 Sep 2025 | 5 Mins Read

China blocks all BHP iron ore shipments amid pricing dispute

Flipitmoney

China's state-run iron ore buyer, China Mineral Resources Group Co., instructed major steelmakers and traders to halt purchases of all new BHP Group cargoes due to stalled contract talks. Beijing's move is an escalation of earlier restrictions, expanding to all dollar-denominated seaborne cargoes from the Australian miner. BHP shares fell 4.8% in London.