Search Results
Credit default by Chinese banks hits iron ore exporters
The four-year long iron ore mining boom in Bellary is over. The collapse of its main market, China, threatens the livelihoods of more than two lakh workers employed in the 70 large and medium sized mines in the Bellary-Hospet mining belt.
During the height of the boom, about a year go, the price of ‘fines’ (with [...]
