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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

IBISWorld’s Salt and Other Mineral Mining market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

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 Analysis Chapter

A wide range of minerals are mined within the Salt and Other Mineral Mining industry. These vary from salt harvested within designated ponds and used for chemical and food manufacturing, to phosphate used to make fertiliser and silica used to make glass for windows. Furthermore, lithium minerals are mined for further processing to be used in batteries and other goods. Due to the range of industry products and variety of downstream buyers, industry revenue volatility tends to be moderate from year to year.

Revenue and profit growth

Industry revenue is expected to increase at an annualised 3.8% over the five years through 2015-16, to $2.0 billion. This growth has mainly been driven by higher salt, lithium mineral and phosphate volumes, and some pricing growth... 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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