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Former treasurer Joe Hockey used his keynote at Kalgoorlie's Diggers and Dealers Mining Forum to throw his weight behind a plan for Australian miners to form an iron ore cartel, directly targeting China Mineral Resources Group (CMRG) — Beijing's centralised buyer that has been on a pricing blitz. The proposal has been formally put to Canberra, and Hockey argued Australia needs to use every lever it has.
"**A Virginia-class submarine has two tonnes of critical minerals and...
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