Original article by Paul Garvey
The Australian – Page: 19 & 22 : 7-Jul-17

Australia’s revenue from resource and energy exports will peak at $A205bn in 2016-17, according to revised forecasts from the Department of Industry, Innovation & ­Science. This is 4.6 per cent lower than it had forecast earlier in 2017, and the new forecast takes into account a sharp fall in the iron ore price in recent months. The department is bearish about the outlook for the steel input, forecasting that the benchmark price will fall to $US48 per tonne in 2018 and $US47 in 2019. It also anticipates a fall in the price of coking coal.

CORPORATES
AUSTRALIA. DEPT OF INDUSTRY, INNOVATION AND SCIENCE, BHP BILLITON LIMITED – ASX BHP, RIO TINTO LIMITED – ASX RIO, FORTESCUE METALS GROUP LIMITED – ASX FMG, AUSTRALIAN BUREAU OF STATISTICS