Industry Analysis & Industry Trends
Australia dominates world output of the major mineral sands due to large natural reserves and extensive mining sites. Mining volumes and prices of the various mineral sand products have generally increased in the past five years. Exports are expected to account for almost half of total production and are sold mainly to pigment manufacturers, although zircon is primarily sold to producers of refractory bricks (used in metal smelting operations). The largest export market is China.
The Mineral Sand Mining industry is expected to generate revenue of $2.5 billion in 2014-15, up from $1.8 billion in 2009-10, resulting in an annualised increase of 5.9% over the past five years. Profit has also increased over this period to account to 21.0%... purchase to read more
Industry Report - Industry Analysis Chapter
The performance of the Mineral Sand Mining industry heavily depends on demand for titanium minerals and zircon from downstream processors and manufacturers, and the prices these minerals command. The industry has faced highly volatile market conditions over the five years through 2014-15. While industry revenue is expected to increase at an annualised 5.9% over this period to reach $2.5 billion in 2014-15, there have been large year-to-year fluctuations. Global production capacity is easily sufficient to supply the end users of mineral sands, such as manufacturers of refractory bricks, pigment and paper. As a result, price is highly sensitive to movements in demand, with major revenue surges in 2010-11 and 2011-12... purchase to read more