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Salt and Other Mineral Mining in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Salt and Other Mineral Mining Market Research Report | ANZSIC B0992 | May 2016

White gold: Growing lithium demand has pushed up prices and boosted the industry's performance

The Salt and Other Mineral Mining market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 11-16
3.8%
Annual Growth 16-21
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Profit
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Employment
3,491
Businesses
159
Industry Analysis & Industry Trends

The industry's major products are salt and lithium minerals. A large proportion of the salt collected is exported to chemical product manufacturing plants in Asia, while lithium is also mainly exported. Australia's salt production is expected to total 13.6 million tonnes in 2015-16, up from 12.9 million tonnes in 2010-11 as miners increased output to offset low pricing growth. Although Australia's salt production volumes are lower than other major salt producing countries, it is the world's largest exporter of salt as it exports the bulk of its production. Other important industry products are phosphate, silica, gypsum and magnesite.

The industry is forecast to grow at an annualised 3.8% over the five years through 2015-16, to reach $2.0 billion. This includes a 5.5%... purchase to read more

Industry Report - Industry Investment Chapter

The Salt and Other Mineral Mining industry has high capital intensity requirements. The industry has substantial needs for working capital, reflecting the often-lengthy period between the commencement of production and the availability of output for sale, as well as the need to hold stocks. To calculate the capital intensity level, IBISWorld uses data from the industry cost structure. Depreciation is used as a proxy for capital and wages are used as a proxy for labour. In 2015-16, depreciation is projected to account for 9.6% of industry revenue, with wages at 16.4%. These show that for each $1.00 required for labour inputs, approximately $0.59 will be invested in capital plant, equipment and vehicles during the year... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Salt and Other Mineral Mining Industry?

Firms in the industry harvest salt and mine or quarry non-metallic and related minerals such as phosphate rock, silica, gypsum, magnesite, talc and lithium minerals. Industry firms also carry out some basic processing functions.

Industry Products
SaltPhosphate rockSilica sandGypsumMagnesiteOther mineralsLithium minerals
 
Industry Activities
Barite miningGraphite miningGypsum quarryingLithium miningMagnesia miningPhosphate rock miningSalt harvestingSilica sand quarryingTalc miningOther non-metallic mineral mining


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