New report reaffirms resources as backbone of our economy :

New report reaffirms resources as backbone of our economy


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A new report has reaffirmed Australia's position as a top producer of key critical minerals and the backbone of our national economy.
Launching the 2020 edition of Australia's Identified Mineral Resources report in Mackay, Resources Minister Keith Pitt said it confirmed Australia entered the COVID-19 economic crisis in a strong position due to its mineral resources sector.
He said Geoscience Australia's annual stocktake had tracked the country's mineral resources since 1975.
"At the end of 2019, Australia remained a global leader in mineral exploration and production, and one of the world's most desirable locations for investing in the mineral sector," he said.

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