| From SMH: Australia's best shield from global economic turmoil - the high value of its commodity exports - is under threat with news that China has told suppliers to slow iron ore shipments and predictions that iron ore and coal prices could fall by 20 per cent next year.
Australia's fifth-largest iron ore exporter, Mount Gibson Iron, shocked the sharemarket yesterday by warning that its Chinese customers were asking it to delay shipments as demand slowed due to economic uncertainty and the tightening of credit facilities. .... Full Article: Source
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