CAPITAL MARKETS

ABARE says minerals exports on the rise

AUSTRALIA is forecasting a 10% boost for its exports of metalliferous minerals and metals to $33.3 billion in 2002-03, although expected higher world commodity prices are likely to be offset by a stronger Australian currency.

Greg Tubby

"With world economic activity assumed to pick up into 2003, growth in global demand for mineral resource comities is forecast to strengthen," the Australian Bureau of Agriculture and Resource Economics...

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