How China drives the Australian iron ore boom (and bust)
Wilson, J.D. (2012) How China drives the Australian iron ore boom (and bust). The Conversation, 27 August .
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With several major mining projects being put on ice this week, talk has quickly turned to whether the Australian mining boom is about to go bust.
Jumping on comments by the Resources Minister that “the resource boom is over”, the federal opposition has blamed the government’s mining and carbon taxes for BHP’s recent decision to shelve its $30 billion Olympic Dam extension project.
However, developments in the all-important iron ore industry suggest the drivers of the boom – and possible impending bust – lie not in Australia, but China.
|Publication Type:||Non-refereed Article|
|Murdoch Affiliation:||Asia Research Centre|
|Publisher:||The Conversation Media Group|
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