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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
Annual Growth 11-16
Annual Growth 16-21
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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 - Starting a New Business Chapter

Although entry barriers to the industry vary according to the product being mined, these are generally at a high level. Barriers to entry to the salt mining segment are high due to the process being extremely land-intensive, with most existing producers having close links with downstream salt processing and manufacturing companies. A new entrant would face the difficult task of gaining customers from a wholly owned or partly owned producer. Salt is generally produced to customer specifications, requiring considerable expertise to fulfil these requirements. Also, the lag between establishing an operation and the harvesting and sale of salt is considerable (over 12 months), requiring substantial sums of working capital... 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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