Australia's Resources Sector Continues to Set New Records
Posted: 06/01/2012 12:00:00 AM EDT | 0
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Investment in Australia's resources sector continues to set new records according to recent figures from the Bureau of Resources and Energy Economics (BREE).
These figures were announced in their just released bi-annual publication Mining Industry Major Projects listings for 2012.
Committed investment to increase the capacity of Australia’s mining industry at the end of April 2012 was a record $260.8 billion, an increase of 12 per cent from October 2011 according to the Mining Industry Major Projects - April 2012.
“The continued growth in committed capital expenditure will result in significant increases in Australia's supply capacity of LNG, iron ore and coal” said Professor Quentin Grafton, BREE Executive Director and Chief Economist.
To download simply visit their Resources Program webpage.
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