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China’s Sino Iron mine in Australia just got $2 billon more expensive

Cecilia Jamasmie | July 21, 2012 | 3:39 pm Asia Australia China Europe Iron Ore 

The cost of building China's CITIC Pacific’s first iron ore mine in Australia, Beijing’s largest investment in the Aussie mining sector, has increased to a shocking $8 billion, according to The Australian. The new estimated budget is at least three...

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