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China-Australia relations: is this the start of ‘mining boom 2.0’ as Canberra rakes in cash from iron ore rally?

Summary:
[unable to retrieve full-text content]China is making Australia rich as record-breaking iron ore prices lift revenues for both miners and the Australian government, despite a long-standing bilateral political conflict, but Australia is unlikely to enjoy another decade-long mining “boom”, according to analysts and economists.Canberra, which recently began discussing the possibility of “war” with China, likely gained an additional A billion (US.75 billion) in revenue in the past year due to the skyrocketing price of iron ore,…

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[unable to retrieve full-text content]
China is making Australia rich as record-breaking iron ore prices lift revenues for both miners and the Australian government, despite a long-standing bilateral political conflict, but Australia is unlikely to enjoy another decade-long mining “boom”, according to analysts and economists.Canberra, which recently began discussing the possibility of “war” with China, likely gained an additional A$37 billion (US$28.75 billion) in revenue in the past year due to the skyrocketing price of iron ore,…

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