Business
China’s plan slapped down with incredible 10.3 per cent rise in iron ore price – NEWS.com.au
China’s plan slapped down with incredible 10.3 per cent rise in iron ore price
Chinas plan to drive down the cost of Australias biggest export currently bringing in $136 billion a year into our economy is not going to plan, in the short-term at least.The price of iron ore this morning has skyrocketed by a whopping 10.3 per cent to US$209.10 a tonne, according to CommSec. That comes after a 5.9 per cent rise yesterday.
While this is great news for Australian mining companies, it will be the last thing Beijing wants to hear after it recently reaffirmed plans to crack down on…
-
Noosa News17 hours agoThe grey backstreet of Brisbane’s Fortitude Valley where Arnie the missing dog was found dead in his owner Nathan McKeown’s black ute
-
Noosa News18 hours agoShattered families demand justice after Wieambilla killers not deemed terrorists
-
Noosa News19 hours agoFuel tanker racing to unload in Darwin ahead of Tropical Cyclone Fina
-
Business20 hours agoGenesis Minerals signs key rail deals to unlock Tower Hill mine