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Newcastle Herald
Newcastle Herald
Business
Michael Parris

Mining industry records 13% drop in turnover

A coal ship enters Newcastle harbour last week. Picture by Peter Lorimer

Mining companies reported the largest fall in business turnover among 13 selected industries in Australian Bureau of Statistics data for May.

Mining turnover fell 6 per cent in May seasonally adjusted after a 12.1 per cent drop in April as demand and prices continued to ease from record highs.

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