Mining exports reignite boom

Original article by Paul Garvey
The Australian – Page: 19 & 32 : 3-Feb-17

Data from the Australian Bureau of Statistics shows that the value of coal and metals exports reached a new monthly high of $A13.4bn in December, compared with just $A6.4bn in January 2016. The value of coal exports rose to $A5.7bn, which is the highest level since November 2008. Iron ore exports topped $A7.7bn, which is the second-highest monthly total on record. BHP Billiton and Rio Tinto are tipped to post bumper half-year and full-year profits in coming weeks.

CORPORATES
AUSTRALIAN BUREAU OF STATISTICS, BHP BILLITON LIMITED – ASX BHP, RIO TINTO LIMITED – ASX RIO, FORTESCUE METALS GROUP LIMITED – ASX FMG, WHITEHAVEN COAL LIMITED – ASX WHC, RESOLUTE MINING LIMITED – ASX RSG, NEW SOUTH WALES MINERALS COUNCIL, DEUTSCHE BANK AG

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