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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 | Apr 2013

Salt of the earth: Industry revenue and profit grow solidly

IBISWorld’s Salt and Other Mineral Mining market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Industry Statistics & Market Size
Revenue
$742m
Annual Growth 08-13
3.3%
Annual Growth 13-18
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Profit
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Employment
1,625
Businesses
80
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 - Starting a New Business Chapter

The nature of barriers to entry to the Salt and Other Mineral Mining industry vary according to the type of product being mined, but in general are high.

Barriers to entry to the salt industry are also high and take a number of forms. First, the process is extremely land-intensive. Second, most existing producers have close links with the end-users of the salt they produce. A new entrant would face the difficult task of convincing customers to shift purchases away from a wholly-owned or partly-owned producer. Third, salt must generally be produced to the customers' specifications, requiring considerable expertise is necessary to fulfil this requirement... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Salt and Other Mineral Mining Industry?

Firms in this industry harvest salt, and also mine or quarry non-metallic minerals such as phosphate rock, silica, gypsum, magnesite and talc.

Industry Products
SaltPhosphate rockSilicaGypsumMagnesia mineralsTalcDiatomite, felspar, perlite, vermiculite and other products
 
Industry Activities
Salt harvestingPhosphate rock miningTalc miningSilica quarryingGypsum quarryingMagnesia minerals miningOther non-metallic minerals


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