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Stronger iron-ore, coal prices push Australia’s export earnings higher

By:  
Creamer Media Senior Deputy Editor: Australasia
 
MINERAL EXPORTS
The value of Australia’s resources and energy export earnings for 2016/17 has been upwardly revised by A$12-billion since December last year, to A$215-billion. The Office of the Chief Economist said on Friday that the upward revision largely reflected the unexpected increase in iron-ore prices, as well as the unexpected strength in thermal coal prices during the March 2017 quarter.
 
 
 
 
 

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