Rio joins Asian iron ore trading platform

Mining giant Rio Tinto has joined the China Beijing Metals Exchange (CBMX), a new electronic trading platform providing additional iron ore trading channels in the Chinese market.

Mining giant Rio Tinto has joined the China Beijing Metals Exchange (CBMX), a new electronic trading platform providing additional iron ore trading channels in the Chinese market.

The CBMX brings together buyers and suppliers of commodities and is thought to offer better transparency than existing market, according to The Sydney Morning Herald.

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