1. Iron ore touched $87.50 in September 2012, but quickly recovered to end that
year above $150. The commodity traded below today's level for shorter than
three weeks and apart from that quick gap down hasn't traded below $100 at all
since 2009.<a href="http://www.crusherprovider.com/solutions/iron-mining-
process.html">iron ore processing</a> The fall in the price of iron ore came
despite trade data showing a 12.7% rise in Chinese imports in April.China,
responsible for two-thirds of the 1.2 billion tonne seaborne trade, imported
83.39 million tonnes of iron ore in April, the second highest monthly figure.The
primary reason for the disconnect is that stockpiles at the country's ports are
rising even more rapidly than imports indicating still weak end
demand.Inventories have surged 25% so far this year and now sit at just under
110 million tonnes.<a href="http://www.crusherprovider.com/project/stamp-mills-
for-saleused-gold-mining-5-stamp-crusher-to-purchase.html">stamp mills for
sale</a> Another factor pushing the price lower is Beijing's crackdown on the
country's vast shadow banking system.Designed to eventually produce 60 million
tonnes of thermal coal a year, the mine has been the focus of opposition by
green groups fighting new coal mines and the rail and ports needed to ship the
coal.Although subject to the Federal Government final approval, the coal mine
 potentially Australia s largest  is expected to generate billions of
dollars in revenue to a state that is struggling to cut its US$75 billion debt
pile.<a href="http://www.crusherprovider.com/project/artificial-manufacturing-
process.html">artificial sand manufacturing process</a> Although subject to the
Federal Government final approval, the coal mine  potentially Australia s
largest  is expected to generate billions of dollars in revenue to a state
that is struggling to cut its US$75 billion debt pile.