China’s Economic Slow Down – Mining Industry Meltdown

China's economic slow down is causing the mining industry meltdown. Iron-ore producing nations that are at risk of scaling back or have scaled back production including the Philippines. However, big producers like Australia are feeling the heat more, resulting to more job losses and higher unemployment. The Chinese economy has already reached it saturation point, its demand for iron-ore has been greatly reduced.

 

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About the Author

Ver Pangonilo

A Filipino Engineer, Registered Professional Engineer of Queensland (RPEQ) – Australia and Professional Electrical Engineer (PEE) – Philippines with extensive experience in concept select, front-end engineering, HV & LV detail design, construction and commissioning of Hazardous and Non-Hazardous Area electrical installations in water and waste water pipeline and pumping facilities, offshore platforms, hydrocarbon process plants and pipelines including related facilities. Hazardous area classification and design certification (UEENEEM015B, UEENEEM016B, UEENEEM017B).

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