Mining Industry Australia - Statistics and Facts

Published by L. Granwal, Jul 10, 2019
The mining industry has since the mid-19th century been a significant contributor to the Australian economy. The mining industry added over 148 billion Australian dollars to the Australian economic growth in financial year 2018. The real gross value added of the mining industry accounts for about 6.4 percent of the total gross value added in Australia and is one of the largest contributors in terms of industries in the country. In financial year 2018, over 132,000 people were employed in the Australian mining industry. Historically, several mining booms increased investment in mining and infrastructure and led to higher incomes from mining activities and more immigration to Australia.

In Australia, coal and iron ore mining reached the largest revenue growth in the financial year 2017. AngloGold Ashanti Limited, Northern Star Resources Limited and IIuka Resources Limited are among those mining companies in Australia who reached the highest market capitalization.

Australia is the world’s largest exporter of coal, iron ore, bauxite, alumina and many other resources. The production of those resources by far exceeded domestic consumption. More than 23 million metric tons of bauxite had been exported from Australia out of the almost 81 million metric tons of bauxite produced. The production of coal in Australia reached over 300 million metric tons of oil equivalent in 2018 while only around 44 million metric tons of oil equivalent had been consumed in Australia in the same year. A similar pattern can be observed in the production of aluminum. While production figures amounted to around 1.6 million metric tons, only around 200,000 metric tons of aluminum had been consumed in Australia in the same year.

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Mining industry in Australia

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Coal mining

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