Coal Mining in Australia to Remain a Big Contributor to Its Economy
Australia is well-established in the mining industry, contributing to 10 percent of the country’s economy as of the end of the fiscal year 2013, and employing 276,300 people. As a leading thermal coal exporter, this is set to grow over the forecast period up to 2020, as there is a rising demand from industrious nations such as China, India and Japan. Of course, it should be noted that other countries such as Indonesia are competing fiercely for this business.
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