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West Australian iron ore windfall lifts 2010-11 surplus
Dec. 28, 2010 06:58AM PST
Base Metals Investing Steel Guru.com reports that the Western Australian government forecasts an increase in Iron surplus.
Steel Guru.com reports that the Western Australian government forecasts an increase in Iron surplus.
The story is quoted as saying:
The West Australian government has increased its full year budget surplus forecast to AUD 758 million, from AUD 286 million previously, but warns the surplus will plunge in four years as iron ore prices fall.
