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ABARE forecasts strong rise in iron ore, 10% copper increase

Posted on 04 March 2009

From Mineweb.com: Australia forecast a strong rise in iron ore production and a 10 percent jump in copper mine output in the year to June 2010, even after factoring in a more prolonged economic slump that has already triggered supply curbs.

In its first forecasts for the coming financial year, the Australian Bureau of Agricultural & Resource Economics also said on Tuesday that a slight rise in the wheat crop would yield sharply higher exports, while production of coking coal was expected to remain largely unchanged after a downward revision….. Full Article: Source


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