Mr Randall noted that while China's overall iron-ore demand growth this year looks set to be lower than the 12 per cent increase registered in some recent years, China's need for imported iron ore will continue to rise due to the decreasing quality of the country's own iron-ore reserves, which have an average iron content of around 20 per cent, compared to 58 per cent to 63 per cent for Australian ore and 64 per cent to 66 per cent in Brazil.
http://www.theaustralian.com.au/business/mining-energy/chinas-q1-gdp-growth-likely-to-slow-has-no-impact-on-iron-ore-price/story-e6frg9df-1226325552878
Mr Randall noted that while China's overall iron-ore demand...
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