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 - Starting a New Business Chapter
Entry barriers to Mineral Sand Mining industry are high and increasing due to large capital requirements to establish operations and limited mineral sand mining sites. Start-up costs for a new mining or dredging operation can total hundreds of millions of dollars. Generally, only large companies with access to substantial amounts of capital are able to either purchase existing mining enterprises or start new operations. However, companies can raise funds on the stock market or raise funds by issuing debt.
In addition, the industry is subject to considerable demand and price volatility. Only firms with sufficient capital to ride out periods of low demand and weak prices are likely to survive... purchase to read more