Australia Mineral Exports Decline On Lower Volumes -Abare-Shanghai Metals Market

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Australia Mineral Exports Decline On Lower Volumes -Abare

Industry News 11:34:59AM Jun 10, 2010 Source:SMM

SYDNEY, Jun. 10 -- Australia's export earnings from mineral commodities fell 3% to A$30.2 billion in the first three months of 2010, as reduced production offset a 7% rise in prices, according to official data.

Copper exports fell 14% in volume terms quarter-on-quarter, alumina exports were down 8%, lead fell 28%, nickel 16% and zinc 17%, according to the Australian Bureau of Agricultural and Resource Economics.

Iron and steel exports increased by 28%, while iron ore and pellets fell 4%. Gold volumes were steady and silver fell by 15%.

 

Key Words:  global economy  import export  mining 

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Australia Mineral Exports Decline On Lower Volumes -Abare

Industry News 11:34:59AM Jun 10, 2010 Source:SMM

SYDNEY, Jun. 10 -- Australia's export earnings from mineral commodities fell 3% to A$30.2 billion in the first three months of 2010, as reduced production offset a 7% rise in prices, according to official data.

Copper exports fell 14% in volume terms quarter-on-quarter, alumina exports were down 8%, lead fell 28%, nickel 16% and zinc 17%, according to the Australian Bureau of Agricultural and Resource Economics.

Iron and steel exports increased by 28%, while iron ore and pellets fell 4%. Gold volumes were steady and silver fell by 15%.

 

Key Words:  global economy  import export  mining