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+--- Thread: Australia slashes $63bn from expected mining export revenues as China slows (/Thread-Australia-slashes-63bn-from-expected-mining-export-revenues-as-China-slows)
Australia slashes $63bn from expected mining export revenues as China slows - lvlrsSTI - 18-12-2024
https://asia.nikkei.com/Business/Markets/Commodities/Australia-slashes-63bn-from-expected-mining-export-revenues-as-China-slows
RE: Australia slashes $63bn from expected mining export revenues as China slows - Blin - 18-12-2024
(18-12-2024, 03:57 PM)lvlrsSTI Wrote: https://asia.nikkei.com/Business/Markets/Commodities/Australia-slashes-63bn-from-expected-mining-export-revenues-as-China-slowsFree Money from the ground.
RE: Australia slashes $63bn from expected mining export revenues as China slows - lvlrsSTI - 18-12-2024
(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)
RE: Australia slashes $63bn from expected mining export revenues as China slows - lvlrsSTI - 18-12-2024
(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.
RE: Australia slashes $63bn from expected mining export revenues as China slows - Niubee - 18-12-2024
(18-12-2024, 05:38 PM)lvlrsSTI Wrote: Things are not looking good for next few years
SCY is staying put to help Aust.