| Australia's growth prospects may be improving, say leading analysts, after a surprising rise in the prices of its biggest export commodities, coal and iron ore.
As the world's largest coal exporter, Australia is a key winner from a dramatic rise in the price of internationally traded coal, which has jumped about 140% since the middle of this year, after Chinese mines slashed production. Since January, the price of iron ore, the country's biggest export, has risen about 40%, also helped by cuts in output by less efficient producers.......................................Full Article: Source
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