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Mar 29, 2021

Latest forecast backs record year for resources sector

Latest forecast backs record year for resources sector Australia’s iron ore export earnings are forecast to reach a record high of $136 billion in 2020–21.

Resource industry exports are forecast to earn a record $296 billion in 2020–‍21 and remain strong over the next five years, driven by ongoing demand for iron ore and growth in technology-related commodities such as lithium, nickel and copper. The latest Resources and Energy Quarterly from the Department of Industry, Science, Energy and Resources covers…

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