Australian defense minister vetoes China mine deal

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Updated September 24, 2009 11:54:54

Australia's Defence Department has halted a multi-billion dollar mining project involving a Chinese company, due to security concerns.

The Hawks Nest iron ore mine was proposed for the Woomera Prohibited Area, in South Australia and was to be a joint venture between Western Plains Resources and a Chinese steel corporation. Western Plains has expressed surprise the project was vetoed while negotiations were still taking place.

Presenter: Emma Griffiths
Speakers: John Faulkner, Australia's Defence Minister

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