Despite politically motivated trade sanctions on Australian goods, Beijing has been left buying Australia’s expensive iron ore by the boatload. Professor of Economics at the University of New South Wales (UNSW), Richard Holden, said that Canberra holds a great deal of influence over Beijing, who has nowhere else to turn to meet its ravenous iron…
China’s Hunger for Iron Continues to Underpin Australia’s Economy
Last month, Australia funnelled more than a third of all its exports to feed China’s insatiable appetite for iron ore. Recent Australian Bureau of Statistics (ABS) data revealed that June saw a record month in history as exports of the Australian ore to the Chinese communist regime reached an unprecedented $15 billion (US$11 billion). This was out…
Drones Aid Remarkable Gold Discoveries in the Northern Territory
The Northern Territory (NT) has seen an eruption in excitement over prospects of a new gold rush after exploration teams believe they have unearthed an extraordinary high-grade deposit of the precious metal. Emmerson Resources (ER), a mineral exploration organisation, stumbled upon the remarkably rare find in the heart of the territory at Mauritania, Tennant Creek…
A Refreshing Summer Superfood
June 23, 2021
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If you’re looking for a refreshing, sweet, and juicy treat to enjoy this summer, grab a mango. These tropical fruits are loaded with vitamins and minerals to support your health in several ways. Mangoes have more than 20 vitamins and minerals and are great sources of vitamin A, C, fiber, potassium, and more. That means…
Aussie PM Pushes to Cut Million-Dollar Delays in Mining and Gas Projects
The resources industry has championed Australian Prime Minister Scott Morrison after calling for reform of the environmental conservation act that had previously left mining and gas projects waiting years for approval and cost companies up to a million dollars a day. Despite a global landscape imbued with growing debt following the effects of the COVID-19,…
China’s Iron Ore Diversification Could Hit Australian Economy
May 21, 2021
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Analysis China’s plan to diversify iron ore supply could see Australia’s mining-dependent economy take a toll or force the nation to sell its abundant supply elsewhere. The move comes amid a campaign of economic coercion by Beijing which has imposed trade sanctions on Australian coal, wine, barley, beef, lobster, timber, cotton, and potentially grapes. Despite…
Western Australia’s Major Parties Welcome China’s New Consul-General
Western Australia’s (WA) Premier Mark McGowan and Opposition Leader, the National Party’s Mia Davies, have both welcomed the new Chinese Consul-General to Perth, saying the state’s relationship with China is vital to the well-being of WA. Long Dingbin—a strong proponent of Xi Jinping’s Belt and Road Initiative (BRI)—was positioned as the head of the Chinese consulate in…
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