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Business View Australia - July 2015 15
operation phase. While this change
will make for greater volumes of
exports and over a period of time as
commodity prices increase, greater
value too, employment numbers
will reduce. The construction phase
of a project normally requires 10
times the number of workers as are
required in the operation phase.
However, going forwardtheoutlookfor the
sector can only be positive as stabilization
in commodity prices will result in large
increases in thevalueof exportsandwhen
theupturninpricestakesplacethebenefits
to the economy will be enormous. The
question before the commodities sector
and the country is not whether the outlook
for mining exports will improve, but when.