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Conciliatory Currents: China's CMRG Concedes, BHP's Blockade Breaks

China Mineral Resources Group told Chinese steel mills on April 14, 2026, that they can buy certain BHP iron ore shipments again. The move follows a six-month dispute during which Beijing restricted multiple BHP ore grades. BHP's incoming chief executive Brandon Craig visited China and met with China Baowu Steel Group and China Mineral Resources Group executives. Physical shipment acceptance from Chinese ports has not yet been formally authorized, but an announcement is expected soon.

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