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How Australia’s iron ore price crash will affect the economy – NEWS.com.au
How Australia’s iron ore price crash will affect the economy
Iron ore’s price has experienced a huge crash with a whopping 40 per cent drop in the past month alone, falling from a high of $US233 ($A325) a tonne to below $US130 ($A181).With China accounting for up to 75 per cent of the world’s iron ore imports, Australia’s…
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