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Mining drives Australian capex up by 11%

Strong spending on iron ore and battery-related minerals projects have

Boom in Australian mining drives surge in capital expenditure

Boom in Australian mining drives surge in capital expenditure | Credits: Shutterstock

The increase in mining capital expenditure (capex) was offset by a 1.3% fall in non-mining industries, the ABS said. Overall, private capex rose 0.6% in the September quarter, seasonally adjusted, to...

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A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Magazine Intelligence team.

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