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China Games the Iron Ore Market
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China Games the Iron Ore Market

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Asia Sentinel
Jun 02, 2015
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China Games the Iron Ore Market
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Recent gyrations in the price of iron ore, Australia’s biggest income earner, appear to be inexplicable. However, the fall in ore prices means the government could lose as much as A$25 billion in royalties over the next four years.

Treasurer Joe Hockey has resisted media calls for a government inquiry into the workings of the market, issuing only a short…

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