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Australian iron ore price up despite China’s move to scrap imports – NEWS.com.au

Australian iron ore price up despite China’s move to scrap imports

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Australias iron ore prices continue to skyrocket as the nation cops ongoing threats from the communist nation.At market close on Monday, iron ore was selling for a nearly record price of US$217.33 (289) a tonne, smashing through its $US200 a tonne mark.

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