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W. Australia looks to China for iron ore project

Wall Street Journal Online | December 28, 2011 | 8:13 pm Australia China Europe Iron Ore 
Forget slower growth, worry about Chinese GDP contraction
Worse than stationary

SYDNEY—Western Australia invited China to invest in a A$5.94 billion (US$6 billion) port and rail project that aims to open up a new iron ore province in the state’s Mid West after Wednesday stripping a Mitsubishi Corp.-led venture of exclusive development rights.

 

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