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Iron ore and coal generate $10.6 billion trade surplus

May 8, 2020

Strong positive news for Australia, especially WA as March saw a $10.6 billion monthly trade surplus suggesting exports to China could help lessen the blow for Australia’s cliff-like fall due to COVID-19.

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This is a brief summary of the article ‘Trade surplus hits $10.6 billion thanks to iron ore, coal’ by Matthew Cranston | The Australian Financial Review – AFR | Thursday 7th May 2020.