jan 1, 1938 - Iron Ore Exports Interrupted by Embargo

Description:

- In 1938, the Australian government decides to imply an embargo, a restriction, on all iron ore exports due to Australia wanting to conserve iron and mineral resources that were low in supply during the late 1930s.
- It became a significant blow and interruption to Australia's mineral export industry until the 1960s.
- It caused the mining industry to slow down and decrease exports exponentially while agriculture continued to grow in export revenue.

Added to timeline:

Date: