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Metal ore mining sales and service income decreased by 5.8% ($6.3b) to $103.2b, largely due to the decrease of 12.6% ($10b) in Iron ore mining. Falling sales were related to falling iron ore prices, with a 31.5% fall in the Metal ore mining Export Price Index between 2013-14 and 2014-15.
During 2014-15 total capital expenditure for the Metal ore mining industry was $18.5b, mainly comprising expenditure of $8.8b on dwellings, other buildings and structures and $8b on plant, machinery and equipment.
Footnote(s): (a) Includes rent, leasing and hiring income. (b) Includes capitalised wages and salaries, salary sacrificed amounts and other remuneration; excludes the drawings of working proprietors. (c) Includes working proprietors and partners of unincorporated businesses.
Source(s): Australian Industry (cat. no. 8155.0)
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