Monday, October 05, 2015

Australian raw materials underwrite the industrial strength of Japan

Japan's Shinkansen bullet train Copyright Peter Hanami 2005
Picture: Japan's Shinkansen bullet train





"Australia is the largest supplier of strategic raw materials to Japan and underwrites its industrial strength...Australia supplies more than 63 per cent of Japanese coal imports and 62 per cent of iron ore...Australia is the largest supplier of energy fuels to Japan"





Source: The new Australia- Japan relationship
By Shiro Armstrong
Australian Financial Review
7th July 2014, page 11