Word: ores
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Dates: during 2000-2009
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...just the third time in its roughly 30-year history, Red Line—the Harvard men’s Ultimate Frisbee club team—qualified for the Ultimate Players Association College Championships, which will take place May 27-29 in Corvallis, Ore...
Portland, Ore...
...Follow the ore. In the ocher landscape of the Pilbara, in Australia's remote northwest, you'll see what China's appetite for minerals can do to a region - and for mining companies and their shareholders. In 2004, Australian iron-ore exports to China increased by 41%. In such a strong market, Chinese steel producers agreed to a 20% price rise. But if miners had been able to dig up the ore and ship it out faster, the Chinese would have bought even more. Mining company Rio Tinto has been selling iron ore to China for three decades...
...China's hunger for resources has also exposed inadequacies in Australia's infrastructure and work practices. Exports could have been even higher. Long queues of ships kept waiting off Dalrymple Bay in Queensland to load coking coal for China symbolize the problems. In this year's iron ore negotiations, Chinese buyers settled for a 71.5% price increase (BHP Billiton, fresh from securing a 25-year supply contract, had sought to double its price via a rise in the freight rate it charges mills). Chinese officials say supply bottlenecks are to blame for the price hikes. Ambassador Fu has raised...
...Follow the ore. Perhaps a future Chinese president will have gained a Rio Tinto scholarship to study at the Australian National University or honed her engineering skills at a Pilbara mine. Beyond this week's landmark visit by Prime Minister Howard, Australia's quiet revolution will continue. The long view could be just as surprising for 1.3 billion Chinese...