Record export earnings ahead

AUSTRALIA’S LNG surge is set to push the country’s resources export earnings to record levels in 2017-18 and overtake metallurgical coal as the second-biggest energy and resources export earner, but US exports could change the game for Asian LNG prices.

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The Chief Economist's latest Resources and Energy Quarterly issued this morning revealed iron ore and metallurgical coal pushed resources export earnings up 27% in 2016-17, and increasing LNG volumes