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Australia slashes iron ore outlook on increased supply

Cecilia Jamasmie | June 25, 2014 | 4:01 pm Top Companies Australia China Europe Iron Ore 

[caption id="attachment_788281" align="aligncenter" width="600"] For 2015 the bureau expects the raw material to average about $97 a ton from $103 estimated in March.[/caption] Australia, the world’s largest iron ore exporter, has slashed its official price estimates for this year and 2015,...

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