Nickel Ore Mining in Australia - Market Research Report

Nickel Ore Mining industry trends (2014-2019)

poll Average industry growth 2014–2019: -9.5%

Firms in the Nickel Ore Mining industry have faced difficult operating conditions over the past five years due to mine closures in response to major pricing falls in 2014-15 and 2015-16, and large production declines. However, as nickel prices recovered in subsequent years, particularly in Australian dollar terms, industry revenue grew in 2018-19 and 2019-20. Most of the nickel ore mined in Australia is processed locally into nickel concentrate by downstream smelting and refining firms, or by nickel ore mining companies that also operate their own smelters and refineries. Slowdowns in infrastructure projects and in the production of nickel-based stainless steel goods in China reduced both global and local demand for nickel over the past five years....
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Nickel Ore Mining industry outlook (2019-2024)

poll Average industry growth 2019-2024: x.xlockPurchase this report or a membership to unlock the average company profit margin for this industry.

Trends in the world price of nickel, the value of the Australian dollar and the volume of downstream nickel production will continue to influence the Nickel Ore Mining industry's performance over the next five years. Nickel prices are projected to increase over the five years through XXX-XX, after rising over the past five years. Higher prices are anticipated to encourage a small number of new enterprises to enter the industry and limit the number of exits. Industry volumes are forecast to grow as existing mines expand production and mines previously placed on care and maintenance recommence operations and ramp up output in XXX-XX and XXX-XX. Furthermore, industry employment is forecast to increase over the period as production volumes expand. Conseq...
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Nickel Ore Mining industry statistics

  • attach_money Market Size: $2bn
  • business Number of Businesses: 33
  • poll Average Industry Profit Margin: x.x%
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  • supervisor_account Industry Employment: 2,171

Biggest companies in the Nickel Ore Mining industry

The companies holding the largest market share in the Nickel Ore Mining in Australia industry include BHP Group Limited, Glencore Holdings Pty Limited and Western Areas Limited.

  • pie_chart BHP Group Limited Market Share: x.x%
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  • pie_chart Glencore Holdings Pty Limited Market Share: x.x%
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  • pie_chart Western Areas Limited Market Share: x.x%
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What is Nickel Ore Mining industry?

Industry Definition

Industry firms mine nickel-bearing ores. These firms may also carry out basic nickel ore beneficiation processes to produce nickel ore concentrate, which is an industry product. Nickel ore that undergoes additional processing is excluded from the industry and included in other downstream manufacturing sectors.

Industry Products and Services

  • High-grade nickel ore
  • Medium-grade nickel ore
  • Low-grade nickel ore
  • Nickel ore concentrate
  • All Others

Industry Activities

  • Nickel ore mining
  • Nickel ore beneficiation processes

Market research report - table of contents

Industry Definition

Industry firms mine nickel-bearing ores. These firms may also carry out basic nickel ore beneficiation processes to produce nickel ore concentrate, which is an industry product. Nickel ore that undergoes additional processing is excluded from the industry and included in other downstream manufacturing sectors.

Main Activities

  • Nickel ore mining
  • Nickel ore beneficiation processes

Similar Industries

Additional Resources

Industry Statistics Snapshot

Industry Structure

Executive Summary

Key External Drivers

Nickel is generally priced in US dollars in international markets. The balance between nickel demand and supply greatly influences the US dollar nickel pr...
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World price of nickel
Demand from gold and other non-ferrous metal processing
US dollars per Australian dollar
World price of steel

Current Performance

Lower local prices
Mixed growth
 Chart: Revenue Growth

Industry Outlook

Output recovers
Price gains
 Table: Nickel Ore Mining in Australia - Market Research Report Industry Revenue Outlook

Industry Life Cycle

Life Cycle Reasons
 Chart: Benchmarking - Nickel Ore Mining in Australia - Market Research Report Industry Lifecycle vs The Economy

Supply Chain

Key Buying Industries

Gold and Other Non-Ferrous Metal Processing in Australia
Metal Coating and Finishing in Australia





Key Selling Industries

Mineral Exploration in Australia
Contract Mining Services in Australia
Petroleum Product Wholesaling in Australia
Mining and Industrial Machinery Wholesaling in Australia



Products & Services

Operators in the Nickel Ore Mining industry mine high-grade, medium-grade and low-grade nickel ore. The grading depends on the nickel content in the mined...
Export markets
Other domestic metal processors




Demand Determinants

Demand for nickel ore depends on downstream demand for nickel metal, which is mainly used to manufacture stainless steel, which requires approximately 8.0...
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Major Markets

Export markets
Other domestic metal processors





 Chart: Major Market Segmentation for the Nickel Ore Mining in Australia - Market Research Report Industry

International Trade

Business Locations

Chart: Business Locations by State Chart: Business Locations by State

Market Share Concentration

The Nickel Ore Mining industry is highly concentrated, with the four largest nickel mining companies expected to account for over 90% of industry revenue ...
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Key Success Factors

Cost Structure Benchmarks

Profit, Purchases, Wages, Other Costs
 Chart: Cost Structure Benchmarking – Sector vs Nickel Ore Mining in Australia - Market Research Report

Basis of Competition

Internal competition
External competition

Barriers to Entry

 Table: Barriers to Entry Checklist for the Nickel Ore Mining in Australia - Market Research Report Industry

Industry Globalization

Global mining company BHP Group Limited entered the industry in 2005, when it acquired WMC Resources Limited. With the acquisition, BHP became Australia's...
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BHP

 Table: BHP - financial performance

Glencore

 Table: Glencore - financial performance

Western Areas

 Table: Western Areas - financial performance

Capital Intensity

The Nickel Ore Mining industry is highly capital-intensive, as demonstrated by the large share of revenue required for capital inputs. For each dollar spe...
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 Chart: Level of Capital Intensity for the Nickel Ore Mining in Australia - Market Research Report Industry
 Chart: Tools of the Trade: Growth Strategies for Success

Technology & Systems

Revenue Volatility

Chart: Volatility vs Industry Growth Chart: Volatility vs Industry Growth

Regulation & Policy

Industry Assistance

Table: Industry data Table: Industry Data for the Nickel Ore Mining in Australia Industry

Industry Revenue (2007-2026)
Industry Gross Product (2007-2026)
Establishments (2007-2026)
Businesses (2007-2026)
Employment (2007-2026)
Exports (2007-2026)
Imports (2007-2026)
Wages (2007-2026)
Nickel Content Mined (2007-2026)

Table: Annual Percentage Change for Key Industry Data Table: Annual Percentage Change for Key Industry Data

Table: Key Ratios for Industry Key Dat Table: Key Ratios for Industry Key Data

Table: Industry Financial Ratios Table: Industry Financial Ratios

Liquidity Ratios
Coverage Ratios
Leverage Ratios
Operating Ratios
Cash Flow & Debt Service Ratios (% of Sales)
Assets, %
Liabilities, %

BENEFICIATION

CONCENTRATE

LATERITIC NICKEL ORE

NICKEL PIG IRON

SOLVENT EXTRACTION

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Included in Report

  • Industry Financial Ratios
    Industry Financial Ratios
  • Revenue Forecasts
    Revenue Forecasts
  • Historical and Forecast Growth
    Historical and Forecast Growth
  • Industry Market Size
    Industry Market Size
  • Industry Major Players
    Industry Major Players
  • Profitability Analysis
    Profitability Analysis
  • SWOT Analysis
    SWOT Analysis
  • Industry Trends
    Industry Trends
  • Industry Operating Conditions
    Industry Operating Conditions
  • Porter's 5 Forces Analysis
    Porter's 5 Forces Analysis

Why buy this report on the Nickel Ore Mining industry?

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This report on Nickel Ore Mining in Australia:

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  • Includes the necessary information to perform SWOT, PEST and STEER analysis.
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The Nickel Ore Mining in Australia 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
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