Iron Ore Price Surge Set To Boost WA Budget Amid Brazil Coronavirus Crisis And Chinese Demand



The tightening grip of the coronavirus pandemic on Brazil could help Western Australia's ability to weather the economic storm created by COVID-19.

The South American nation is one of the largest exporters of iron ore, but its output has been falling at the same time that Chinese demand for the mineral, key to steel production, is returning.

The result is a price-driving scenario similar to that which saw the WA mining industry prosper in the wake of a deadly landslide in Brazil last year that forced several mines to close.

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