Heron Resources built the plant in Woodlawn, New South Wales, but had to seal it because the border was closed.

One (Provided by: Heron Resources) The border closure caused by the corona virus pandemic, the decline in exchange rates and the decline in investor confidence led to the closure of projects and layoffs in the mining industry. key point Investment in the entire mining sector has dried up, stock prices have plummeted, and many businesses have entered maintenance mode The border embargo forced the miners to return home, but due to overseas contracts, some companies are still operating.

Oil and gas are regarded as the saviour of the economic downturn in the Northern Territory, but the exploration industry there has been cut or stopped Although iron ore and coal exports continue to support the economy, a small part of the industry has been affected by the crisis. The closure of state borders has forced many interstate crews to return home, while economic chaos abroad has pushed some commodity prices lower. Warren Pearce, chief executive of the Association of Mining and Exploration Companies (AMEC), said many companies had suffered steep losses on the stock exchange and were looking at a six-month period of no work due to travel restrictions and loss of investment.

"They've seen over a 30 per cent decline in terms of their share value," he said. "Obviously that has a pretty big flow-on effect on the desire of investors to put money into companies at this time."

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