OUR MINERAL EXPORTS POWER AUSTRALIA’S ECONOMY —

Sources: dfat.gov.au and The Whole Story – Minerals Council of Australia, Feb 2016

 

AUSTRALIA'S RESOURCES EXPORT VOLUMES HAVE INCREASED 19% OVER THE PAST 3 YEARS.

AUSTRALIAN 
RESOURCES DELIVER 
64% OF AUSTRALIA’S
MERCHANDISE 

EXPORTS

OUR BIGGEST MINERALS EXPORT EARNERS (2016-17 FORECAST):


IN TOTAL, THE MINERALS AND RESOURCES SECTOR IS WORTH
MORE THAN $200 BILLION TO OUR ECONOMY

The investment phase of the mining boom led to an almost four-fold increase in the size of the industry. Iron ore production increased 3½  times and coal production increased 1½ times.  Higher rates of production are expected to support a 50% growth in resources export values to 
2020-21.  The production phase of the mining boom will continue for many years to come, boosting national income and generating high-wage, high-skilled jobs.

Urbanisation and industrialisation in Asia will drive demand for our minerals and energy commodities.  
Iron ore and metallurgical coal are essential to steel production, thermal coal provides reliable power and is required to make cement, while metals such as aluminium, gold and copper are critical to modern transport, housing and communications.

BY 2020-21, RESOURCES EXPORTS ARE FORECAST TO BRING IN $232 BILLION, MAKING A BIG DIFFERENCE TO  AUSTRALIA’S FUTURE.

Tax Contribution

Since 2005 mining taxes have added a massive $65 billion to the Australian economy. Find out how the money mining contributes helps ensure every Aussie is better off.
 

Skills, Training & Innovation

A highly skilled, world-class workforce is vital to Australia’s future. Find out how mining is delivering more opportunities, more graduates and more skills than other industries.
 

Jobs and Communities

Mining is central to the economy and prosperity of regional Australia. Find out what role mining plays in local communities and what the prospects are for the future.
 

OTHER USEFUL LINKS

Source: Department of Industry, Innovation and Science, Resources and Energy Quarterly, December 2016.

 

Source: Department of Industry, Innovation and Science, Resources and Energy Quarterly, March  2016.

 

© 2017 Minerals Council of Australia