News Wrap

IN THIS morning’s News Wrap: Coal and iron ore powering Australian exports; Rio Tinto and BlueScope Steel sweat on Trump tariffs; and Investors pressure BHP Billiton over dual listing.

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Coal and iron ore powering Australian exports

 A rising iron ore price bolstered Western Australia's exports by more than 18% to $131 billion last year, while higher coal prices pushed Queensland's export values 30% higher to almost $84 billion, according to The Australian.

The two resource states were Australia's largest exporters in the year to June 2017 as Australia’s terms of trade registered a surplus of $11 billion compared to a deficit of $37.6 billion a year earlier, according to a Department of Foreign Affairs and Trade report.

Rio Tinto and BlueScope Steel sweat on Trump tariffs

BlueScope Steel and Rio Tinto face a nervous wai...

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