Australia’s resources exports delivered a record $248 billion in revenue in 2018, according to Australian Bureau of Statistics (ABS) data.
The $248 million figure accounted for 72 % of Australia’s goods exports overall.
Coal was the highest earning export commodity for the year, accounting for $66 billion in export revenue, bolstered by improved prices and and volumes driven by demand from large Asian markets.
Anglo Pacific (LON:APF) has a 2% NSR royalty on all mineral products sold from the area of the Maracás Menchen project to which the royalty interest relates. The project is located 250km south-west of the city of Salvador, the capital of Bahia State, Brazil and is 99.97% owned and operated by TSX Venture Exchange listed Largo Resources Limited (‘Largo’).