An iron ore consultant, who was formerly employed in the job of detained Rio Tinto employee Stern Hu, doesn&os;t believe the current furore between China and Australia will have a long-term effect on our business relationship. Authorities in China have …

Aug. 10 (Bloomberg) — Rio Tinto Group, the third-largest mining company, spied on China’s steel mills for six years, creating 700 billion yuan ($102 billion) in excess charges for iron ore, a report on a Chinese government-run Web site said …

Aug. 10 (Bloomberg) — Rio Tinto Group, the world’s third- largest mining company, spied on China’s steel mills for six years, creating 700 billion yuan ($102 billion) in excess charges for iron ore, a report on a Chinese government-run Web site …

THE tragedy of the Chinese crack down on sections of its steel industry is it has fed directly into higher prices as iron ore import volumes continue to rise sharply. Over the last four to five weeks spot iron prices have increased 20 per cent or …