Understanding cycles in mineral commodity price, a market model with uncertainty

矿业占澳大利亚GDP的8%以上，占澳大利亚商品出口总额的近50%。了解价格波动的现象学机制并使用我们的动态价格模型可以帮助确定更好的采矿基础设施投资时机。这些知识将帮助澳大利亚从大宗商品“周期”的上行中受益，无论超级与否。 该项目将开发的市场模型可用于帮助更好地规划商品周期上行，提高长期资本利用的整体效率。

Mining accounts for more than 8% of Australia's GDP, and almost 50% of Australia's total merchandise exports. Understanding phenomenological mechanisms for price fluctuations and using our dynamic price model can help determine better timing of investments in mining infrastructure. This knowledge will help Australia benefit from the upside of commodity 'cycles', super or not. The market model that will be developed in this project can be used to assist in better planning for commodity cycle upside, improving the overall efficiency of capital utilisation in the long term.