News Snapshot:
Australian economy Could China replace Australian iron ore with metal from Africa? A worker inspects conveyer belts transporting iron ore at the Fortescue Solomon mine in the Pilbara region of Western Australia. Exports of goods and services to China are about 7% of Australia’s gross domestic product, and iron ore is the single-biggest category. Photograph: David Gray/Reuters A worker inspects conveyer belts transporting iron ore at the Fortescue Solomon mine in the Pilbara region of Western Australia. Exports of goods and services to China are about 7% of Australia’s gross domestic product, and iron ore is the single-biggest category. Photograph:...
