WA’s booming sources sector is raking it in, with fuel and valuable metals gross sales hitting a file $246 billion final yr — $15 billion greater than in 2021.
The rise is partly as a consequence of larger fuel costs worldwide, serving to practically double the money acquired from WA’s LNG exports in 2022.
Revenues in lithium have additionally exploded to $16.3 billion — six occasions larger than the earlier yr.
The state of affairs is just not fairly so brilliant for iron ore producers, although. While the steel continues to be the State’s greatest earner, the value has fallen as a consequence of decrease demand from China, a 15 per cent fall since March.
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Source: www.perthnow.com.au
