Bulker boon as Australia targets rise in commodity exports
Australia looks set to benefit from the war in Ukraine as it ships more bulk commodities for higher earnings. But the five-year outlook is also positive for iron ore, thermal coal, copper, nickel and lithium
Mineral-rich Australia is expected to export a record $425bn of resources and energy commodities in the 2021-22 financial year which ends in June. That is a significant increase from the previous 12 months and will be a boon to the dry bulk market
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