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 Locations Chapter
The geographic spread of industry production and revenue generally reflects the location of resources. In addition, as with other mineral commodities, the most accessible economic resources tend to be exploited first. Western Australia accounts for the largest proportion of industry revenue at 50.9% in 2015-16, and 38.9% of industry establishments, reflecting its importance in harvesting salt and mining lithium minerals, gypsum and talc. Western Australia mines account for a substantial share of Australia's salt, lithium minerals and phosphate rock output.
Queensland also accounts for a substantial share of industry revenue and establishments at 26.5% and 20.4%, respectively, in 2015-16... purchase to read more