Industry Analysis & Industry Trends
Australia dominates world output of the major mineral sands due to large natural reserves and extensive mining sites. However, industry volumes have declined in the past five years due to volatile pricing and mixed downstream demand. A high proportion of the industry's products are processed by downstream smelting and refining companies prior to export or for use by domestic manufacturers. Titanium dioxide products are sold mainly to pigment manufacturers, although zircon is primarily sold to producers of refractory bricks (to be used in metal smelting operations). Therefore, industry demand is largely derived from these downstream manufacturing markets.
The Mineral Sand Mining industry is expected to generate revenue of $2.1 billion in 2015-16, with an annualised decline of 2.7%... 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, with the state projected to account for over half of the industry's revenue in 2015-16, and 30.3% of industry establishments. Western Australia dominates ilmenite production (about two-thirds of the total) and also produces large volumes of leucoxene and zircon.
Victoria became the major producing area in the past five years, particularly for rutile and zircon... purchase to read more