UPDATE 2-Iron ore slump set to shrink China’s mining capacity – by David Stanway (Reuters U.S. – March 27, 2015)

http://www.reuters.com/ SHIJIAZHUANG, China, March 27 (Reuters) – A slide in iron ore prices is turning the screw on China’s fragmented mining sector, paving the way for closures and consolidation with three-quarters of the country’s mining capacity operating at a loss, industry officials said on Friday. More mine closures in China, the biggest consumer of the […]

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