Mining in the Pilbara Region - Essay Example


Extract of sample
Mining in the Pilbara Region

Chinese mining activity, in Australia, is inelastic because it does not improve Chinese economy by any substantial amount. China has always poured billion of U.S. dollars, in the Australian quarries, which has helped Australia enjoy national unemployment rate of about 5.1 percent and escape the global recession while the Chinese government records no significant change, in its economy, in relation to its mining activities, in Australia. Australian chief economists have admitted that their trade relations with China has added over $3,400 to every Australian household, every year, through imports, exports, and foreign investments. For example, through Chinese resource investments, Australia saw a $3 billion of foreign investment, $42.4 billion in export demand, and nearly $4.9 billion in other project financing, in July 2009. Australian government has realized that Chinese mining industries have significantly improved its economy. This is the reason why Australian government always strives to improve and maintain its political and trade relations with China. ...
Download paper


Pilbara mining project is one of the largest projects that China has financed in a boom that has both benefited and troubled Australia. China’s high demand for mineral ores has significantly transformed it to world’s second-largest miner…
Author : robyn12
Download 0

Related Essays

Online discussion
Yes, this is long as the compliments are taken as genuine. A false compliment or flattery for the sake of influence can cause suspicion and close off the person. Even sincere compliments have to be given with discretion because if the person thinks that you are saying nice things just to get them to do something, they will not be cooperative....
2 pages (502 words) Essay
At this specific combination of price and quantity, both the agents are maximizing their self interests, keeping in mind the other agent’s behavior and satisfying the condition of Pareto-Optimality (Google Docs, page 57-58)....
6 pages (1506 words) Essay
Thankfully, we live in the United States, where this battle has been fought, and has gained a substantial amount of ground. Womens rights in the US are equal mostly, with the exception of salary differences between men and women. Unfortunately, in other parts of the world, women are still treated as less superior and some are not even allowed to work. Sadly, this will be a battle I believe will never go away....
2 pages (502 words) Essay
Healthcare Law & Ethics class - online discussion
The court in U.S alone has allowed 130 patients to exercise their right of refusing from help of medical equipments to keep them alive....
2 pages (502 words) Personal Statement
Discussion: Learning from Your Online Experience
In a virtual online environment, instructors are required to proved feedback which is more detailed in nature as compared to the traditional setting. Feedback needs to provide follow-up questions as well as highlighting key ideas instead of only posting words such as “good job.” Modern forms of feedback such as the use of voice-supported chats and the use of audio clips to provide feedback to their students are also being used in the modern online environments (Bonnel & Smith 2010)....
1 pages (251 words) Assignment
2010 Chilean Mining Rescue
In 2010, the San Jose mine got bought by the Minera Andes bought 49% of the shares of the company. This was a company owned by Marcelo Kemeny and Alexander Bohn (Scott 56). They diversified the San Jose mine in the production of copper. The two, Marcelo and Alexander, were the ones in charge of the company when the incident happened in 2010. Marcelo was the son of Jorge Kemeny who started Minera Andes in 1957, the company that later took charge of the San Jose mine....
3 pages (753 words) Essay
Team project based on a case
This is because china a growing economy, creating a higher demand....
7 pages (1757 words) Assignment
Got a tricky question? Receive an answer from students like you! Try us!