Insight
Australian resource sector capex forecast: spending falls further
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Report summary
Wood Mackenzie expects total capital investment across the Australian resources sector will be US$52.5 billion in 2015, down 32% from 2014, and for capex to drop again by almost 40% in 2016. Spend is slowing faster than predicted - we estimate total capex will fall to US$23 billion in 2018, a reduction of 10% from our forecast 12 months ago.
Table of contents
- Executive summary
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Australian resource investment declines again
- Australian capital expenditure by commodity
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Australian sector review
- Oil & Gas
- Iron Ore
- Coal
- Gold
- Base Metals
- Uncertain investment outlook ahead
Tables and charts
This report includes 3 images and tables including:
- Australian capital expenditure by commodity
- Change in forecast capex
- Australian resource sector capex forecast: spending falls further: Table 1
What's included
This report contains:
