Industry Analysis & Industry Trends
The industry's major product is salt, most of which is exported to chemical plants in Asia. Australia's salt production is expected to be about 11.8 million tonnes in 2012-13, compared with global output of about 290 million tonnes. Although Australia is not a major salt producer, ranking behind the major producers, it is the world's largest exporter of salt. Unlike most other producers, Australia exports the bulk of its salt production. Other important industry products are silica, gypsum, magnesia minerals, talc and phosphate rock.
The industry is forecast to generate revenue of $742.1 million in 2012-13, compared with $632.1 million in 2007-08, yielding growth of 3.3% per annum over the five-year period. Industry revenue is expected to expand by 1.9%... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Salt and Other Mineral Mining industry is mature. Its products are familiar rather than new and the technology employed is well-established. In addition, the level of new entry to the industry is low, although individual operations have changed hands. Production levels are trending up only slowly and no new market segments have appeared since the emergence of large-scale phosphate rock mining in the late 1990s.
The industry's value added (the contribution it makes to the economy as whole) is expected to grow by 2.4% over the decade ending 2017-18, in line with GDP growth for that period... purchase to read more