Australia's critical minerals opportunity. Australia has the chance to generate more than $170bn in gross domestic product (GDP) and create almost 330,000 jobs by 2040 if we capitalise on our first-class endowment of critical minerals and other energy transition minerals.
The Australian mining industry amounts to 75% of the country's exports, contributes significantly to Australia's workforce and is a leading influence on Australia's standard of living, rising incomes and flourishing economy.
Australia's mining industry is a pillar of the Australian economy, with the country being one of the world's largest exporters of coal, iron ore, bauxite, alumina, and many other resources.
The Mining industry grew across all key data items in 2022-23. EBITDA increased 23.4% ($52.0b), following a 34.7% ($57.4b) increase in 2021-22. Mining IVA increased 23.2% ($66.4b) following a 31.2% ($68.1b) increase in 2021-22.
Mining in Australia has long been a significant primary sector industry and contributor to the Australian economy by providing export income, royalty payments and employment. Historically, mining booms have also encouraged population growth via immigration to Australia, particularly the gold rushes of the 1850s.
Australia remains a dominant global producer of mined commodities, and mining remains the largest sector by share of national GDP, with the Australian Bureau of Statistics reporting that the industry was responsible for 10.4% of GDP between 2019 and 2020.
The Australian minerals industry is a major contributor to national income, investment, high-wage jobs, exports and government revenues. Learn more about mining
Comprising of a monthly print magazine, website and e-newsletter, Australian Mining is a leading resource showcasing the latest in mining innovation.
In 2021, Australia's world-leading mining industry remained strong; Australia was a top five global producer for 18 mineral commodities including bauxite, cobalt, gold, lithium, iron ore, nickel, manganese, mineral sands, rare earths and zinc.
Aussie Mine provides industry and financial analysis on Australia's mid-tier mining sector, specifically ASX mining companies with a market capitalisation of less than $5 billion at 30 June 2021. Explore insights and opportunities that are shaping up to resource Australia's mining and economic future.