Tuesday 26 May 2015

Otmane El Rhazi : Lobbying helped kill Australia iron ore inquiry - Senator

Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.

Lobbying by big miners helped kill a proposed Australian Senate inquiry into the iron ore industry after allegations they had colluded to depress prices and drive rivals out of business, the senator who had called for the inquiry said on Tuesday. Independent Senator Nick Xenophon had wanted the probe to look into the impact of the price collapse on government revenue and to consider whether action was needed to ensure healthy competition in the sector.

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