Wednesday, February 22, 2017

China Continues To Take Lead On Green Business

China backs Australia's cleaner iron ore project

Chinese engineers who carved a railway through the Qinghai-Tibet Plateau and built the world's longest sea-bridge across Hangzhou Bay have a new challenge: developing a $3.4 billion project on Australia's remote Eyre Peninsula to meet increased demand for cleaner iron ore. China Railway Group Ltd, the world's second-largest infrastructure builder, is backing the mine, port and…