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Iron Ore

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ONN
Finance

BHP Breaks Ranks with Big Four Miners | Agrees to Yuan-Linked COREX Index in Iron Ore Contracts with China

BHP accepted a 26% weighting for Beijing's COREX portside index in long-term Jimblebar fines contracts with state-backed China Mineral Resources Group, the first time a major global miner has conceded Chinese yuan benchmarks in a long-term supply agreement

Jack Brennan · Apr 26, 2026