. Bad for WA mining economy
. As has been said before,
. Mining revenue is made of : Price x volume
. Now prices drop in declining volume
. Means revenue drops
. Make matter worst, political decisions made during heady boom time
. Implemented way after headiness is gone but still gets the go ahead
. Adds to the cost, eg, MRRT and Carbon Tax
. Revenue down, Costs up
. Profit down !
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