WA added to top mining names on negative ratings watch as iron-ore price decline bites [UPDATED]
- Tuesday, 14 April 2015
Falling iron-ore prices – and a revised rating-agency projection of the future direction of Australia's key commodity export – caused a ratings impact on the state of Western Australia (WA) on April 14. Earlier the same day, eight global mining firms were also placed on negative credit watch by Standard & Poor's Ratings Services (S&P).
