The spot price of iron ore has gyrated in recent weeks, driven by hopes for more stimulus from Beijing and concerns that the run of soft economic indicators is likely to extend.
With coal inventories at China's ports and power plants reaching record highs in recent weeks, some miners are getting more creative in their customer outreach.
ANZ has traditionally supported long-life, low-risk mine projects for Australia's staple resources including iron ore, gold, aluminum, copper, and nickel.