abare.gov.au
‘The record volumes of bulk commodity exports in the December quarter were underpinned by demand from steel mills and power stations in Japan, the Republic of Korea and China,’ said Paul Morris, ABARE Deputy Executive Director, on releasing the report. The energy export price index declined by 9 per cent and prices for metals and other minerals declined by 1 per cent. Commodities which recorded significant increases in export earnings include: silver up 31 per cent to $67 million, bauxite up 50 per cent to $45 million, diamonds up 51 per cent to $89 million, manganese ores and concentrates up 33 per cent to $315 million, gold up 13 per cent to $3 billion and iron and steel up 12 per cent to $225 million.
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