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LNG tipped to lead export growth into Asia

LNG is tipped to lead growth in Australian mineral fuels and base metals exports as Asian demand shifts.

According to a report by HSBC Global Connections, exports to Asia will diversify and change as the region urbanises in coming decades and consumer demands change.

The report said growth in Australian exports would shift from industrial commodities such as iron ore to mineral fuels, including LNG and base metals, to support more sophisticated consumer needs across Asia.

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