More iron ore mines to shut in China as prices drop -Wood Mackenzie
SYDNEY, June 16 Sun Jun 15, 2014 10:58pm EDT
(Reuters) - This year's sharp drop in iron ore prices could force China to close up to 80 million tonnes of domestic mine production, more than a fifth of its total annual output, consultancy Wood Mackenzie said on Monday.
http://www.reuters.com/article/2014/06/16/china-ironore-idUSL4N0OX0L420140616
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