18-12-2024, 03:57 PM
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Australia slashes $63bn from expected mining export revenues as China slows
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18-12-2024, 05:30 PM
(18-12-2024, 03:57 PM)lvlrsSTI Wrote: https://asia.nikkei.com/Business/Markets...hina-slowsFree Money from the ground.
18-12-2024, 05:38 PM
(18-12-2024, 05:30 PM)Blin Wrote: Free Money from the ground.
Things are not looking good for next few years
![[Image: IMG-2984.jpg]](https://i.ibb.co/rwx9mMz/IMG-2984.jpg)
![[Image: IMG-2985.webp]](https://i.ibb.co/s60BZB7/IMG-2985.webp)
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18-12-2024, 05:59 PM
(18-12-2024, 05:49 PM)Blin Wrote: For Long term can up the price later .
Well, Australia has no industries like Technology and Manufacturing, its economy is solely dependent on exports of iron ore and other mining products, plus beef, lamb and dairy products. Very hard to turn around in the near turn…as China’s demand for iron ore drops significantly, Australia loses income of $40 billion per year.
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