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 Locations Chapter
The geographic spread of industry revenue is determined by the location of the mineral resources on which it is based; the extent to which they can be accessed and mined in a cost effective manner; and State Government attitudes to mining the resource. Western Australia dominates the industry due to its high resource levels. Victoria became the major producing area in the past five years, particularly for rutile and zircon. The rise of Victoria as a mineral sands producer reflects the commencement of operations at Iluka's Murray Basin project.
Over one-third of Australia's rutile production and one-quarter of its zircon output is estimated to be derived from Victoria in 2014-15... purchase to read more