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The world's largest iron ore producer will list in Hong Kong through introduction, giving Asia-based investors a chance to trade its stock in the Asian time zone in the form of HDRs.

Australia’s vice-like grip on global iron ore and coal prices is threatened by rising production costs and looming oversupply.

The abandonment of the 40-year benchmark pricing system for iron ore will lead to a rapid expansion of the swaps market, say market pioneers Credit Suisse and Deutsche Bank.