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Oct 31, 2020

Mining earnings stand firm as economy slows

Mining earnings stand firm as economy slows

The latest data from the Australian Bureau Statistics confirms the importance of the mining industry to the Australian economy, says the Minerals Council of Australia.Despite the overall economy contracting, mining industry GDP increased 4.9 per cent in 2019-20 and totalled $202 billion, MCA chief executive officer Tania Constable said. This made mining Australia’s largest industry,…

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