One of the routes, linking China and Malaysia, will help build an efficient and low-cost maritime logistics channel.

Roach said he expects container rates to normalize later in the year after COVID-19 vaccines have been rolled out globally.

Its main imports from Australia last year included iron ore and natural gas, which took up 70.6 percent of the total Chinese imports from Australia.

Imports of iron ore and iron ore concentrates also rose, climbing 11 percent from 2019.

According to the National Bureau of Statistics data, the national iron ore production in December 2020 was 77.201 million tons, 1.809 million tons more than last month, an increase of 2.4% month-on-month and an increase of 2.0% year-on-year; A total of 866.717...

Foreign media reported on January 19, despite drilling progress in 2020, Rio Tinto has delayed production of copper and gold projects Winu Western Australia by one year.

Rio Tinto, the world's largest iron ore producer, expects shipments of the steel-making metal to reach up to 340 million tonnes in 2021.

Its main imports from Australia last year included iron ore and natural gas, which took up 70.6 percent of the total Chinese imports from Australia.