South Flank could support greater demand from Asia

The approval of the proposed South Flank mine, in Western Australia, could supply Asia’s growing demand for higher quality iron-ore, mining major BHP’s iron-ore asset president, Edgar Basto said. Addressing the Global Iron Ore & Steel Forecast conference, in Perth, Basto noted that the ongoing Chinese supply-side reforms, as well as stringent environmental policies, would continue to drive demand for higher-grade ores.