Australia’s Iron Ore Exports Face Uncertain Future ...Middle East

OILPRICE - Economy
Australia’s Iron Ore Exports Face Uncertain Future
source : OILPRICE ( Middle East ) () 44
An expected slowdown in China’s uptake and a world that is increasingly moving toward “green” iron ore and steel will be two crucial drivers affecting the future of iron production. This is especially true for Australia, one of the world’s largest miners of raw iron ore. Should demand change or iron ore prices shift dramatically, it would have significant repercussions throughout the country. Demand from China, Australia’s biggest customer since the turn of this century, continues to cool. Though it looks to remain…

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