RBA tips lithium, copper export boom

Original article by Perry Williams
The Australian – Page: 19 : 13-Aug-18

Australia accounts for 12 per cent of the world’s copper reserves, along with around 25 per cent of global lithium reserves. The Reserve Bank of Australia predicts that exports of these commodities will increase to meet rising demand for renewable energy generation and electric vehicles. The RBA forecasts that lithium exports will triple over the next five years. However, the outlook for iron ore is not so clear, with demand from Chinese steel makers viewed as being somewhat mixed.

CORPORATES
RESERVE BANK OF AUSTRALIA, BHP BILLITON LIMITED – ASX BHP, RIO TINTO LIMITED – ASX RIO, FORTESCUE METALS GROUP LIMITED – ASX FMG

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