Lucky Country no more? What happens now that the iron ore boom is over?

For almost a quarter of a century, iron ore made Australia an economic success story. But demand from China is falling and prices are collapsing. Australia's raw materials economy is facing a turning point: New raw materials could move in, however - thanks to the West's China phobia.

Eisenerz ist einer der wichtigsten Rohstoffe für die Herstellung von Solaranlagen. Source: Getty / Getty Images/Pramote Polyamate