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Oz mineral exports to crash

Canberra’s commodity forecaster has predicted a 22% decline in Australia’s export earnings from mineral resources in 2009-10 but a 12% rise in farm exports.
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The Australian Bureau of Agriculture and Resource Economics’ quarterly Australian Commodities review says mineral exports will be worth A$126 billion in 2009-10, down from $161B in 2008-09, thanks to lower contract prices for bulk commodities and weaker prices for base metals and aluminium.

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