Just Released – March 2018 Resources and Energy Quarterly

Just released
March 2018 Resources and Energy Quarterly
Our five-year forecast
Read the March edition of the Resources and Energy Quarterly (REQ) to learn about how Australia is expected to reach $230 billion in resources and energy exports. You will also find out what will happen to export earnings over the subsequent four years, and the factors that influence Australia’s export earnings, including how production cut-backs in China affect our export earnings.
Resources and Energy Quarterly March 2018 Cover
LNG will help drive growth
LNG is expected to be the largest contributor to the growth in export earnings, as export volumes increase with new LNG trains reaching full production. Higher prices for metallurgical and thermal coal, largely driven by production cut-backs in China, are also expected to bolster export earnings. The continued price strength of iron ore, coupled with growing export volumes will also make a significant contribution.

Export earnings to plateau after 2019–20, supported by low commodity price growth

Towards the end of the five-year outlook period, the value of Australia’s resource and energy export earnings is projected to stabilise, as iron ore and metallurgical coal prices are expected to decline. Growth in export volumes is also projected to plateau, as the final projects commissioned during the investment phase of the mining boom are completed.

See the March 2018 Resources and Energy Quarterly for the individual commodity analysis, as well as historical and forecast data files.

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