Sanded smooth: Industry revenue increases despite flat output volumes

Australia is a major mineral sands mining country due to its large natural reserves and extensive mining sites. However, industry production volumes have remained largely flat over 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 mainly sold to pigment manufacturers, while zircon is primarily sold to producers of refractory bricks for use in metal smelting operations. Therefore, industry demand is largely derived from these downstream manufacturing markets.Revenue for the Mineral Sand Mining industry is expected to increase at an annualised 3.9%...read more.

Industry Statistics & Market Size
Revenue
$3bn
Annual Growth 13-18
3.9%
Forecast Growth 18-23
Profit
Employment
3,530
Businesses
136

Industry Threats & Opportunities

  • Australia has large mineral sand reserves, and extensive mining sites
  • As premium reserves diminish, mines have turned to more expensive lower grade mineral sands
  • Industry growth will be driven by greater production volumes and higher prices over the period
  • Industry Report - Industry Analysis Chapter

    The Mineral Sand Mining industry’s performance relies heavily on demand for titanium dioxide minerals and zircon from downstream processors and manufacturers, and the prices these minerals command. Titanium dioxide plants use either rutile or ilmenite as titanium feedstock, with different extraction processes applied to these products. Ilmenite may also be upgraded to synthetic rutile, which can then be processed in the same way as naturally occurring rutile. Leucoxene is another titanium-bearing mineral (about 87% titanium dioxide) produced in small quantities in Australia. Leucoxene is essentially a variant of ilmenite that contains less iron. The...purchase to read more.

    Additional Insights for the Mineral Sand Mining Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Mineral Sand Mining Industry are

  • Availability of mineral sands resources
  • Downstream ownership links
  • Output is sold under contract - Incorporate long-term sales contracts
  • IBISWorld analysts also discuss how external factors such as Demand from polymer product and rubber product manufacturing and Demand from basic chemical manufacturing in the Mineral Sand Mining industry impact industry performance..

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    What's in this report

    What is the Mineral Sand Mining Industry?

    Industry firms are primarily engaged in mining mineral sands, such as rutile, ilmenite, and leucoxene, which contain titanium to produce titanium dioxide pigment. Industry firms also mine for zircon sand to produce synthetic rutile.

    Industry Products
  • Rutile concentrate
  • Ilmenite concentrate
  • Zircon concentrate
  • Leucoxene concentrate
  • Synthetic rutile
  • Other mineral sands
  • Industry Activities
  • Ilmenite sand mining
  • Leucoxene sand mining
  • Mineral sand mining
  • Monazite sand mining
  • Rutile sand mining
  • Synthetic rutile production
  • Zircon sand mining
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Demand from polymer product and rubber product manufacturing
  • Demand from basic chemical manufacturing
  • Trade-weighted index
  • Demand from pulp, paper and paperboard manufacturing
  • Road freight service price

  • Current Performance
  • Revenue and profit
  • International trade
  • Structure and employment
  • Chart: Revenue Growth

  • Industry Outlook
  • Mineral sand output
  • International trade
  • Structure and employment
  • Table: Mineral Sand Mining Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Mineral Sand Mining Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Pulp, Paper and Paperboard Manufacturing
  • Synthetic Resin and Synthetic Rubber Manufacturing
  • Basic Inorganic Chemical Manufacturing
  • Iron Smelting and Steel Manufacturing
  • Gold and Other Non-Ferrous Metal Processing
  • Paint and Coatings Manufacturing

  • Key Selling Industries
  • Contract Mining Services
  • Mineral Exploration
  • Mining and Industrial Machinery Wholesaling
  • Petroleum Product Wholesaling

  • Products & Services
  • Synthetic rutile
  • Rutile concentrate
  • Zircon concentrate
  • Leucoxene concentrate
  • Ilmenite concentrate
  • Other mineral sands
  • Chart: Mineral Sand Mining Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Domestic titanium dioxide producers
  • Other domestic manufacturers
  • Export markets
  • Chart: Major Market Segmentation for the Mineral Sand Mining Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Mineral Sand Mining

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Mineral Sand Mining Industry

  • Industry Globalization
    Iluka Resources Limited, Tronox Limited, Cristal Australia Pty Ltd,
  • Table: Iluka Resources Limited - financial performance
  • Table: Tronox Limited - financial performance
  • Table: Cristal Australia Pty Ltd - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Mineral Sand Mining Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Mineral Sand Mining Industry
    Includes:
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Exports (2009-2023)
  • Imports (2009-2023)
  • Wages (2009-2023)
  • Mineral Sands Output (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Beneficiation
  • A mechanical process, such as grinding, washing, magnetic separation and centrifugal separation, in which a mineral ore is reduced to particles that can be separated into mineral and waste.
  • Concentrate
  • A very fine, powder-like product containing the valuable ore mineral from which some of the waste mineral has been eliminated.
  • Dredging
  • The scooping of material from underneath a bay or river.
  • Synthetic Rutile
  • A product manufactured from ilmenite, with a titanium content similar to that of natural rutile.
  • Titanium Dioxide Pigment
  • Produced from processed mineral sand, titanium dioxide pigment is used as a brightener in paint, coating, plastics, rubber and paper products.
  • Titanium Feedstock
  • Mainly comprises ilmenite, natural rutile and synthetic rutile, and is processed to produce titanium dioxide pigment and other related products.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Mineral Sand Mining market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

    IBISWorld industry market research reports enable you to:
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    This report on Mineral Sand Mining:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Mineral Sand Mining market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Mineral Sand Mining, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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