MANAGEMENT

Another commodity export record coming

AUSTRALIA’S resource and energy export earnings are forecast to reach $450 billion in 2022-23, surpassing last year’s $422 billion record, according to the September Resources and Energy Quarterly.

 Lithium is on track to become a $10 billion export industry for Australia.

Lithium is on track to become a $10 billion export industry for Australia.

Earnings are then forecast to fall to $375 billion in 2023-24 - still the third highest ever - as world supply responds to high prices and soft demand. A big driver of the export dollars this time around...

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