For example, there should be substantial new capacity, with limited declines in existing capacity, for several major export commodities, including coal, iron ore, alumina and especially LNG, with growth in the latter significantly boosting exports in the December quarter 20
For example, there should be substantial new capacity, with limited declines in existing capacity,
for several major export commodities, including coal, iron ore, alumina and especially LNG, with growth in the latter significantly boosting exports in the December quarter 20
for several major export commodities, including coal,
iron ore, alumina and especially LNG, with growth in the latter significantly boosting exports in the December
quarter 2004.
Other things equal, subsequent declines in spot prices
for iron ore and coking coal would, if sustained, see the terms of trade fall further over the next few
quarters.
• Record global
iron ore production of 65 million tonnes was achieved in the
quarter (51 million tonnes attributable) and 245 million tonnes
for the full year (192 million tonnes attributable).