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Australia's mining tax passes biggest political hurdle

Reuters | November 22, 2011 | 3:39 pm Base Metals Energy Precious Metals Australia Europe Coal Copper Gold Iron Ore Uranium 

Australia's plan to impose a 30 percent tax on its booming iron ore and coal sectors cleared its biggest political hurdle on Wednesday when legislation passed parliament's lower house after a last-minute deal to win support from the influential Greens.

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