China's urbanization, growth will buoy demand for Australian miners
By Du Juan in Perth, Australia | China Daily | Updated: 2013-07-16 07:13
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A manager inspects ore processing equipment near a mine of FMG, the world's fourth largest iron ore miner. Despite an economic slowdown, China's advancing urbanization and the growth will continue to create demand for Australian iron ore. Du Juan / China Daily |
China's ongoing urbanization drive and continuous economic growth will keep bringing stable demand for Australian iron ore, said a top official at Fortescue Metals Group Ltd, the country's third-biggest iron ore producer.
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