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The June 2012 issue of Investment Monitor saw major projects in the resources sector
continue to push through to the construction phase. The June quarter saw construction begin
on the $31 billion Ichthys gas field development and on the $12 billion Prelude LNG project
in Western Australia's Browse Basin, the world's first floating LNG platform.
The strength of investment in the resources sector has been an important windfall for
the Australian economy. There is clearly a substantial base of investment in the sector
(though the value of resources projects in planning has softened over the past year).
For the complete article, please go to Big4.com