Australian mineral exports increase in 2005-2006

Thursday, 14 September 2006 11:43:44 (GMT+3)   |  
       

The final data released by the Australian Bureau of Agriculture and Resource Economics (ABARE) show that the country's export earnings from minerals and the energy sector rose 32 percent to a record A$90.5 billion ($68.2 billion) in 2005-2006. ABARE indicated that the higher export prices of minerals and energy commodities had contributed to the increase. The commodities that recorded the largest increases in export earnings in 2005-2006 were coking coal up 59 percent to A$17.08 billion ($12.9 billion), iron ore and pellets up 54 percent to A$12.51 billion ($9.4 billion) and copper up 79 percent to A$5.23 billion ($3.94 billion).

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