Overview

Nickel's back: Rising nickel prices over the next five years should boost industry growth

IBISWorld’s Nickel Ore Mining market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

REPORT SNAPSHOT

Industry Threats & Opportunities

  • Most of the nickel ore mined in Australia is processed locally into nickel concentrate
  • As nickel prices have fallen, most industry firms have reported losses over the period
  • Nickel prices are projected to rebound steadily over the next five years

  • shopping_cartBUY NOW TO READ MORE

    Industry Analysis & Industry Trends

    The Nickel Ore Mining industry has faced difficult operating conditions in the past five years. The world price of nickel has declined significantly over this time, while industry output has fallen. Most of the nickel ore mined in Australia is processed locally into nickel concentrate by downstream smelting and refining firms. A slowdown in infrastructure projects and the production of nickel-based stainless steel goods in China have reduced demand for nickel. These factors have limited Australian nickel export markets and contributed to lower nickel prices as demand has fallen. Exports are estimated to total 40.2% of the industry's revenue in 2016-17.

    Australia's nickel mine output is expected to decrease further in 2016-17...

    shopping_cartBUY NOW TO READ MORE

    Industry Report - Industry Locations Chapter

    The geographic spread of Australia's nickel production reflects the location of the underlying nickel ore resource base. Almost all of Australia's nickel production in 2016-17 will come from Western Australia, as has been the case for many years. Nickel ore was mined for a short time at the Avebury mine in Tasmania in 2009. However, nickel price falls, together with the financial difficulties faced by its owner, OZ Minerals Limited, resulted in the mine's closure after just six months of operation.

    A small number of industry establishments are located in other Australia states, accounting for a very small proportion of industry revenue. The..

    shopping_cartBUY NOW TO READ MORE

    Additional Insights for the Nickel Ore Mining Industry

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

  • Availability of nickel resources
  • Output is sold under contract - incorporate long-term sales contracts
  • Must comply with government regulations
  • IBISWorld analysts also discuss how external factors such as World price of nickel and Demand from gold and other non-ferrous metal processing in the Nickel Ore Mining industry impact industry performance..

    shopping_cartBUY NOW TO READ MORE

    Look under the hood?

    Download a FREE sample report

    Industry Products

    What is the Nickel Ore Mining Industry?

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

    Industry Products
    High-grade nickel ore
    Medium-grade nickel ore
    Low-grade nickel ore
    Nickel ore concentrate
    Industry Activities
    Nickel ore mining
    Nickel ore beneficiation processes

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • World price of nickel
  • Demand from gold and other non-ferrous metal processing
  • US dollars per Australian dollar
  • World price of steel

  • Current Performance
  • Chart: Revenue Growth

  • Industry Outlook
  • A growing appetite
  • Output recovers
  • Price gains
  • Table: Nickel Ore Mining Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Nickel Ore Mining Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Gold and Other Non-Ferrous Metal Processing
  • Metal Coating and Finishing

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

  • Products & Services
  • High-grade nickel ore
  • Nickel ore concentrate
  • Medium-grade nickel ore
  • Low-grade nickel ore
  • Chart: Nickel Ore Mining Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Domestic nickel processors
  • Export markets
  • Other domestic metal processors
  • Chart: Major Market Segmentation for the Nickel Ore Mining Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Depreciation
  • Rent and utilities
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Nickel Ore Mining

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Nickel Ore Mining Industry

  • Industry Globalization
    Major Companies
    BHP Billiton LimitedGlencore Holdings Pty LimitedFQM Australia Nickel Pty LtdWestern Areas Limited
  • Table: BHP Billiton Limited - financial performance
  • Table: Glencore Holdings Pty Limited - financial performance
  • Table: FQM Australia Nickel Pty Ltd - financial performance
  • Table: Western Areas Limited - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Nickel Ore Mining Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

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

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Nickel Ore Mining Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Exports (2008-2022)
  • Wages (2008-2022)
  • Nickel Content Mined (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
    Beneficiation
  • A basic process that improve the ore content prior to additional refining and smelting processes.
  • Concentrate
  • A fine, powder-like product containing the valuable ore mineral from which some of the waste mineral has been eliminated.
  • Lateritic Nickel Ore
  • A low-grade nickel ore that is found near the Earth's surface and is mined via open pit mining methods.
  • Nickel Pig Iron
  • A lower-priced and lower quality nickel product made by Chinese producers that is more expensive to make due the low nickel grade.
  • Solvent Extraction
  • A process to recover nickel by using sulphuric acid to dissolve the metal from the ore and then processing the solution to recover both the metal and the acid (which can be reused).
  • Why buy this report?

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Nickel Ore 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 Nickel Ore 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 Nickel Ore Mining, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

    Contact Us

    Want to speak to a representative? Call us.

    clear