ABSTRACT
Australia is resource rich in both minerals and energy. It is a net energy exporter with 68% of total energy production being exported and with a value of AUD$71.5B in 2012/2013. It is the eighth largest energy producer in the world but is a net importer of crude oil and reŽned petroleum products. Coal is Australia’s largest energy export earner, with a value of around AUD$40B in 2012-2013, down AUD$8B from 2011 to 2012. China is the largest importer of Australia’s coal. Australia is also one of the world’s largest exporters of uranium, though it does not have any installed nuclear power plants of its own.
