Tuesday 3 March 2015

Otmane El Rhazi : MCA slams AWU resolution calling for probe into iron-ore cartel

Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.



The Minerals Council of Australia (MCA) has criticised the Australian Workers Union’s (AWU’s) resolution demanding a Parliamentary inquiry into majors BHP Billiton and Rio Tinto’s iron-ore practices in the Pilbara. At its conference in the Gold Coast, the AWU passed a resolution condemning the two majors, claiming that they were flooding the iron-ore market with low-cost ore, resulting in the smaller, higher-cost producers being pushed out of the sector.

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