WA boost
Big news for Western Australia as first gold and now iron ore have soared.
The spot price has ripped enormously to the highest level since all the way back in January 2014.
China's economy is powering back up with a vengeance, and that's great news for WA.
It's also worth questioning the popular narrative about China's apparently deteriorating relationship with Australia.
Evidently to date Chinese demand for iron ore hasn't declined by a single jot (or tonne).
