In the depths of an iron ore mine in Australia

Name: In the depths of an iron ore mine in Australia
Uploaded: 2015-08-31T18:55:14.000Z
Duration: 27 s
Description: The BBC's Ali Moore reports from the depths of Fortescue Metals' Cloudbreak mine in Australia, which now receives 70 per cent less for every tonne of iron ore than it did two years ago.

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Australia's iron ore industry is facing a slump after decades of success fuelled by demand from China.

The BBC's Ali Moore reports from the depths of Fortescue Metals' Cloudbreak mine in Australia.

The mine now receives 70% less for every tonne of iron ore than it did two years ago.

Business

31 August 2015