Western Australia accounts for the largest share of sector output (nearly 47%), reflecting the state's importance across a broad range of minerals, especially gold, oil and gas, diamonds, nickel and iron ore. Western Australia's share has edged up over the past few years, mainly because of growing iron ore output. Further expansion of the mining activity in Western Australia (especially in gas extraction and iron ore production) is expected. Queensland accounts for about 29.5% of industry, reflecting the state's importance in black coal production as well as its continued output of a range of metallic minerals, especially copper and lead. The country is often referred to as being a “quarry” based on the fact that only a small proportion of its mineral production is refined in the country, with the remainder being exported. The minerals industry accounts for nearly 60% of Australia’s export earnings.
BHP, Rio Tinto, and Xstrata are some of the leading players in the market. The vast majority of this growth is due to expansion plans at Rio Tinto's Weipa mine, the world's largest bauxite mine, which is expected to see production rise from 18mntpa to 50mntpa in 2013.
Australia is to remain a highly attractive destination for foreign investment despite the recently proposed 30% tax on mining companies' profits in coal and iron ore production. Due to its unique geology and size, Australia’s mineral potential is still excellent. However, an increasing amount of exploration funding is finding its way overseas due to several local issues restricting the industry. One of these issues is that of native title, which effectively excludes vast areas of land earmarked for settlement.
Furthermore, meeting stricter environmental controls is beginning to be costly while red tape concerning development approvals and tax structures, such as the gold royalty regime in Western Australia, are also impediments. Australia's zinc production is likely to miss most of the negative effects of increased taxes on the mining sector. Whilst iron ore and coal companies will be hit by plans to tax profits, zinc mining is exempt from the proposal. In addition, zinc mining and refining is less energy intensive compared with other sectors and thus will come off better form plans to charge mining companies for carbon emissions.
In this industry scenario, Taiyou Research analyzes the Australian Mining Industry. The report covers the following:
- An industry definition.
- A brief analysis of the Asia Pacific mining industry. We look at the mining industries in Australia, China, Indonesia, India, and Philippines.
- An analysis of the Australian mining industry includes industry statistics, market value and volume analysis, an industry segmentation and a regional market share analysis.
- Analysis of the regulatory framework governing the mining industry in Australia. We also look at the tax reforms that are likely to be undertaken by the Australian government in the near future.
- An analysis of the various commodity markets in Australia. Markets analyzed include the market for bauxite, coal, copper, iron ore, nickel, uranium and zinc. For each commodity, we analyze production statistics, new projects, existing projects, major producers, and the industry profile.
- Competition in the industry is analyzed through competitive landscape, the strategic importance of the sector, and an analysis of the major companies.
- Major players are analyzed through a company overview, analysis of the major business segments, and a SWOT analysis.
An industry forecast completes this comprehensive coverage of the Australian Mining Industry from Taiyou Research.
2. Industry Definition
3. Asia Pacific Mining Industry
4. Australia Mining Industry
4.1 Industry Statistics
4.2 Market Value & Volume Analysis
4.3 Industry Segmentation
4.4 Regional Market Share
5. Regulatory Framework
6. Bauxite Market in Australia
7. Coal Market in Australia
8. Copper Market in Australia
9. Iron Ore Market in Australia
10. Nickel Market in Australia
11. Uranium Market in Australia
12. Zinc Market in Australia
13. Competition in the Industry
13.1 Competitive Landscape
13.2 Strategic Importance of the Sector
13.3 Major Companies
14. Major Industry Players
14.1 BHP Billiton
14.1.1 Company Overview
14.1.2 Business Segments
14.1.3 SWOT Analysis
14.2 BlueScope Steel Limited
14.2.1 Company Overview
14.2.2 Business Segments
14.3 Rio Tinto
14.3.1 Company Overview
14.3.2 Business Segments
14.3.3 SWOT Analysis
14.4.1 Company Overview
14.4.2 Business Segments
14.4.3 SWOT Analysis
14.5 Xstrata Plc
14.5.1 Company Overview
14.5.2 Business Segments
14.5.3 SWOT Analysis
15. Industry Forecast
List of Figures
Figure 1: Value of the Australian Metals & Mining Industry (USD Billion) (2006-2010)
Figure 2: Volume of Australian Metals & Mining Industry (Million Metric Ton) (2006-2010)
Figure 3: Industry Segments of the Australian Metals & Mining Industry, 2010
Figure 4: Australia’s Market Share of the Asia Pacific Metals & Mining Industry, 2010
Figure 5: Bauxite Output in Australia by Mine (2010)
Figure 6: Major Coal Producers in Australia
Figure 7: Output of Major Copper Producers in Australia, 2010
Figure 8: Output of Iron Ore by Major Industry Producers
Figure 9: Output of Major Nickel Producers in Australia, 2010
Figure 10: Impact of Earthquake on Uranium Miners
Figure 11: Zinc Output in Australia by Mine (2010)
Figure 12: Forecast for the Australian Metals & Mining Industry (USD Billion) (2010-2015)
Figure 13: Value of Australian Metals & Mining Industry (Million Metric Ton) (2010-2015)
Figure 14: Australian Mining Sector Value & % Change (2008-2015)
Figure 15: Percentage Change in Australian Mining Output Y-o-Y
List of Tables
Table 1: Value of the Australian Metals & Mining Industry (USD Billion) (2006-2010)
Table 2: Volume of Australian Metals & Mining Industry (Million Metric Ton) (2006-2010)
Table 3: Industry Segments of the Australian Metals & Mining Industry, 2010
Table 4: Australia’s Market Share of the Asia Pacific Metals & Mining Industry, 2010
Table 7: Major Expansion Plans of the Australian Bauxite Industry
Table 8: Bauxite Production in Australia (2008-2015)
Table 9: Major Coal Projects in Australia
Table 10: Coal Production in Australia (2008-2015)
Table 11: Major Copper Expansion Projects in Australia
Table 12: Copper Production in Australia (2008-2015)
Table 13: Major Iron Ore Projects in Australia
Table 14: Iron Ore Production in Australia (2008-2015)
Table 15: Major Expansion Plans for the Australian Nickel Industry
Table 16: Nickel Production in Australia (2008-2015)
Table 17: Major Uranium Projects in Australia
Table 18: Uranium Production in Australia (2008-2015)
Table 19: Major Zinc Projects in Australia
Table 20: Zinc Production in Australia (2008-2015)
Table 22: Forecast for the Australian Metals & Mining Industry (USD Billion) (2010-2015)
Table 23: Value of Australian Metals & Mining Industry (Million Metric Ton) (2010-2015)
Table 24: Australian Mining Sector Forecasts (2008-2015)
Table 25: Major Expansion Plans in the Industry