Pig iron Scott. Aussie iron ore building Chinese naval threat

This is where we don’t want trade wars to go. Via Herald Sun:

Australian iron ore is suspected of being used to help build China’s next-generation nuclear-powered and ballistic-missile attack submarines, according to security and industry experts.

Consignments from Australia’s booming iron ore exports to China are likely being diverted by Beijing into the steel supply chain for a massive expansion of the People’s Liberation Army Navy (PLAN), including its latest Type 096 and 095 submarines undergoing construction at Huludao Port.

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