Original article by Paul Garvey
The Australian – Page: 24 : 6-Feb-19
Data from the Australian Bureau of Statistics shows that the nation’s minerals and energy exports rose to a record $193bn in 2018. The value of coal exports topped $66.2bn, surpassing iron ore as Australia’s biggest export earner for the first time. Mining companies benefited from a rally in thermal and coking coal prices in 2018. However, prices have since fallen, while the iron ore price has rallied in 2019.
AUSTRALIAN BUREAU OF STATISTICS, BHP GROUP LIMITED – ASX BHP, RIO TINTO LIMITED – ASX RIO, SOUTH32 LIMITED – ASX S32, MINERALS COUNCIL OF AUSTRALIA