Export earnings for minerals and energy fell to A$52.2 billion (US$1 = A$1.42) in 2003-04, said the Australian Bureau of Agricultural and Resource Economics (ABARE) last week. About 90% of all mineral and energy commodities suffered a fall in prices and overall mineral and exports fell by 5% last year, mainly because of a stronger…
AUSTRALIA: Strong Aussie dollar hurts mineral and energy exports
Posted on September 16, 2004 by EnergyAsia