54 Mr J. A. Lyons, Prime Minister, to Mr S. M. Bruce, High Commissioner in London
Cablegram unnumbered 2 August 1937,
Your cablegram 20th January 1936  relative to Yampi Sound Iron ore deposits in view of reported world shortage of high grade iron ore glad if you would consult with United Kingdom authorities with a view to ascertaining whether the position as outlined in your cablegram has substantially changed.
Preliminary survey which has been made of accessible deposits in Australia suggests that the life of these deposits particularly if they are exploited for export on a large scale would not be so long as we have hitherto been led to believe.
Government at present considering the whole matter and would appreciate urgent advice as to whether from the point of view of Empire, consideration of Commonwealth Government should be given to some restriction on exports of iron ore from Australia to Japan and whether any portion of output should be deviated to meet Empire requirements.