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Home>Moody's cuts rating on Western Australia iron ore

Moody's cuts rating on Western Australia iron ore

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Mon, 8 Feb 2016

By Rihannon Hoyle Downturn in prices has put pressure on state SYDNEY -- Moody's Investors Service cut its rating on Western Australia, one of the world's major iron-ore hubs, as a sharp downturn in prices for the steelmaking commodity puts increasing strain on the state's finances. The ratings
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