The total value of exports and imports of goods both increased in June 2020 following declines in May and April 2020, according to the latest Australian Bureau of Statistics (ABS) preliminary international trade in goods figures.
The preliminary figures show that the value of exports increased by $2.35 billion or 8 per cent driven by strong exports of iron ore.
From May to June 2020, exports of iron ore (lumps and fines) increased by $757 million or 8 per cent to $9.92 billion, the highest export value on record.
Cadence Minerals plc (LON:KDNC) provides mining services. The Company focuses on finding lithium and other technology minerals in new places, as well as offers extracting services