SYDNEY, June 26 Australia, the world's biggest
producer of iron ore, forecast a 14 percent rise in exports in
the 2013/14 fiscal year as the country's big miners press ahead
with multi-billion-dollar expansions despite signs demand growth
The Bureau of Resources and Energy Economics (BREE)
predicted iron ore exports of 610 million tonnes in the
financial year that begins July 1 after upgrading its forecast
for the current year by 11 million tonnes to 533 million tonnes.
The government agency also forecast a small rise in exports
of both thermal and metallugical coal.
Total energy and resource exports were forecast to rise 11
percent to A$197 billion ($182 billion), helped by an assumed
depreciation in the Australian dollar.
($1 = 1.0818 Australian dollars)
(Reporting by James Regan and Lincoln Feast; Editing by Richard