ABARES bullish on mineral export growth
Exports of Australian minerals should rise substantially during 2011-12, Bureau of Resources and Energy Economics senior economist Kate Penney says.
“In 2011-12, Australia’s iron ore export volumes are forecast to increase by another 8% to 437m tonnes,” she told the 2011 Regional Ports Conference in Launceston.
“Earnings are forecast to increase by 17% to $65.3bn as lower iron ore prices are...
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