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China Mineral Resources

China Mineral Resources is a Chinese state-owned enterprise engaged in the exploration, development and trading of mineral commodities. The organisation operates as a major player in global resource markets, with particular focus on securing supplies of iron ore, base metals and other strategic minerals for China's industrial economy. It maintains significant investments and partnerships in key mining jurisdictions including Australia, Africa and South America. The company functions as both a direct investor in mining projects and as a trading intermediary, facilitating the flow of raw materials to Chinese steel mills, smelters and manufacturers. China Mineral Resources works closely with major international mining houses such as BHP, Rio Tinto and Fortescue to secure long-term offtake agreements and equity stakes in producing assets. Its activities reflect China's broader strategy of ensuring resource security through diversified offshore supply chains. The organisation is part of China's state-backed minerals procurement infrastructure, which has expanded substantially since the early 2000s in response to rapid industrialisation and urbanisation. China Mineral Resources plays a strategic role in stabilising commodity supply for domestic industry and in shaping global pricing dynamics through its purchasing power and market presence.

Latest Articles in 60 Seconds

Australian iron-ore miners seek government help as China Mineral Resources Group tightens grip on pricing

Major miners including BHP, Rio Tinto and Fortescue have asked Canberra for support in pushing back against China Mineral Resources Group's hardball tactics, with senior government officials confirming they have received requests for intervention. A Senate panel heard that industry circles have raised the prospect of a single selling desk for Australia's most valuable commodity export, worth an estimated A$114-billion in the current financial year, to counter CMRG's role as a single State buyer.

BHP adopts Chinese price index and yuan sales to end seven-month dispute

BHP concluded negotiations with CMRG in April 2026, agreeing to use the COREX 61% iron-ore portside index with a 26% weighting for settling Jimblebar fines contracts and accepting some yuan-denominated sales. The deal, running through June 2027, ended bans on BHP products including Jimblebar, Jinbao and Newman fines that had caused stocks at 15 major Chinese ports to surge 382% higher than September levels.

India and Southeast Asia emerge as growth markets as China steel output falls

Rio Tinto and BHP executives say new steel demand in India and Southeast Asia will offset stagnation in China, where steel output fell to a seven-year low in 2025 amid a property-sector crisis now in its fifth year. India plans to double steel production to 400-million tonnes by 2035/36 from 168-million tonnes, requiring vast additional quantities of iron-ore and metallurgical coal.

China Mineral Resources Updates


MinRes iron-ore in truck
Iron ore miners highlight India, ASEAN as they look for growth after China
17th June 2026 By: Reuters

Australia's iron-ore miners emphasised on Tuesday how growing steel demand in India and Southeast Asia would help offset the stagnating market in top customer China, where they also face pressure... 


Iron-ore heaps in Australia
Top iron-ore miners seek Canberra's help in price fight with China
5th June 2026 By: Reuters

Major miners and their lobbyists have asked Canberra for help in pushing back against China's efforts to extract better terms for their iron-ore, including raising the prospect of a single selling... 


Fortsecue iron-ore in rail wagons
China’s State buyer seeks scrutiny of new Fortescue iron-ore
2nd June 2026 By: Bloomberg

China’s State-backed iron-ore buyer has instructed some steel mills to ask questions about Fortescue's new low-grade product as negotiations over a long-term supply contract hit a rough patch.... 


Jimblebar iron-ore
China's State iron-ore buyer allows purchases of previously banned BHP portside cargoes, sources say
28th April 2026 By: Reuters

China's State iron-ore buyer has lifted its ban on purchases of certain BHP ore products that had piled up at ports, four sources with knowledge of the matter said on April 28. BHP Group, the... 


BHP's Jimblebar operation
BHP adopts new Chinese iron-ore price index in deal to end dispute, sources say
23rd April 2026 By: Reuters

BHP Group agreed to use an additional Chinese iron ore price index for one of its flagship products as part of a deal with China to end a months-long dispute, three sources with knowledge of the... 


BHP incoming CEO Brandon Craig
Iron-ore slides after incoming BHP chief sighted in Beijing
9th April 2026 By: Bloomberg

Iron-ore slid to its lowest in a month after a report that BHP Group’s incoming CEO had met with Chinese executives in Beijing this week, a possible sign that frosty relations between the mining... 


Incoming BHP CEO Brandon Craig
BHP's incoming CEO met with Chinalco boss in China this week
9th April 2026 By: Reuters

BHP Group's incoming CEO, Brandon Craig, met with the chairman of Chinalco in Beijing this week and discussed further cooperation, the Chinese aluminium giant said on Thursday. Craig's trip to... 


BHP's Jimblebar iron-ore stocks in China hit near two-month low after ban reprieve, traders say
BHP's Jimblebar iron-ore stocks in China hit near two-month low after ban reprieve, traders say
26th March 2026 By: Reuters

Inventories of BHP's Jimblebar fines, a type of iron-ore, at some Chinese ports slid to a near two-month low after steelmakers rushed to take delivery during a one-week ban reprieve, according to... 


Andrew Forrest
Fortescue chair urges China to end iron-ore buying strategy
25th March 2026 By: Bloomberg

Fortescue's executive chairman Andrew Forrest said China’s state-backed iron buyer should stop using tactics aimed at negotiating lower prices for the key steel ingredient. Speaking Wednesday on... 


Fortescue metals and operations CEO Dino Otranto
Iron-ore miners could face billions more in fuel costs due to Iran war, Fortescue says
23rd March 2026 By: Reuters

Iron-ore miners are at risk of incurring billions of dollars more in fuel costs if diesel prices continue to rise, a senior executive at Australia's Fortescue said on Monday. The US-Israeli war on... 


China eases BHP iron-ore ban for one week, sources say
16th March 2026 By: Reuters

China will ease a ban on BHP's Jimblebar fines, an iron-ore product, until next week, sources said on Friday, only a day after Beijing expanded restrictions against its third-largest supplier.... 


China widens BHP iron-ore ban amid contract talks, sources say
China widens BHP iron-ore ban amid contract talks, sources say
13th March 2026 By: Reuters

China has widened a ban on BHP iron-ore for the second time in two weeks, escalating a months-long contract dispute with the world's third-largest supplier of the key steelmaking ingredient. China... 


China’s State iron-ore buyer summons traders on BHP restrictions
China’s State iron-ore buyer summons traders on BHP restrictions
5th March 2026 By: Bloomberg

China’s state-backed iron-ore buyer has summoned traders and urged them to refrain from buying new BHP Group cargoes to sell to buyers in the country after they were found to be flouting a... 


commodities trading
Gold, copper underpin commodities outlook as oil, grains eye recovery
6th February 2026 By: Darren Parker

Commodities are entering 2026 on a firmer footing, with gold and copper supported by strong structural drivers and the potential for recovery emerging in oil and grain markets later in the year,... 


BHP ships Jimblebar iron-ore to Malaysia, Vietnam as China ban stalls sales
BHP ships Jimblebar iron-ore to Malaysia, Vietnam as China ban stalls sales
23rd January 2026 By: Reuters

BHP Group has shipped iron-ore cargoes barred from sale in China to Malaysia and Vietnam, seeking alternative buyers as its stocks of Jimblebar pile up at Chinese ports amid a protracted contract... 


commodities trading
Gold, copper underpin commodities outlook as oil, grains eye recovery
19th January 2026 By: Darren Parker

Commodities are entering 2026 on a firmer footing, with gold and copper supported by strong structural drivers and the potential for recovery emerging in oil and grain markets later in the year,... 


China receives first shipment of Simandou iron-ore
China receives first shipment of Simandou iron-ore
19th January 2026 By: Reuters

China, the world's largest iron-ore consumer, has received its first shipment of iron-ore from the Simandou mine in Guinea in West Africa, in which Beijing has heavily invested to increase supply... 


China’s iron-ore buyer seeks new port rules to tighten its grip
China’s iron-ore buyer seeks new port rules to tighten its grip
12th December 2025 By: Bloomberg

China’s State-backed iron-ore buyer is proposing measures to curb hoarding of the steelmaking ingredient at ports, in a move that could dent the pricing power of foreign miners and traders. China... 


Stand-off between Chinese buyer and BHP tightens iron-ore supplies, sources say
Stand-off between Chinese buyer and BHP tightens iron-ore supplies, sources say
20th November 2025 By: Reuters

Protracted negotiations between China's state iron ore buyer and miner BHP have tightened availability of some iron ore, seven sources said, underpinning prices despite weakening demand for the key... 


China lifts partial ban on iron-ore buys from Australia's Hancock, sources say
30th October 2025 By: Reuters

China's state buyer has allowed its steel mills to resume buying a type of iron-ore from Australia's Hancock Prospecting after barring such sales during a year-plus negotiation dispute, three... 


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pqt: 0.081s - ct: 0.142s - 288pq - 2rq
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