Salt, Lithium and Other Mineral Mining in Australia - Market Research Report

error_outline Covid-19 Impact Update - Salt, Lithium and Other Mineral Mining in Australia

IBISWorld's analysts constantly monitor the industry impacts of current events in real-time – here is an update of how this industry is likely to be impacted as a result of the global COVID-19 pandemic:

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The Non-Metallic Mineral Mining and Quarrying subdivision is expected to be moderately affected by COVID-19.

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Exports of some commodities, such as lithium, are likely to be disrupted by the closure of factories in China. However, other industries in this subdivision, such as the Gravel and Sand Quarrying industry, have a primarily domestic focus, and are therefore less likely to be directly affected by slowing economic activity in China.

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The Diamond and Gemstone Mining industry may benefit from investors seeking to move wealth from risky assets such as stocks to alternative stores of wealth, such as diamonds.

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A reduction in the price of oil is expected to exert downward pressure on operating costs, assisting the viability of firms in this subdivision.

Note: The content in this report is currently being updated to reflect the trends outlined above.

Salt, Lithium and Other Mineral Mining industry trends (2014-2019)

poll Average industry growth 2014–2019: -0.5%

The Salt, Lithium and Other Mineral Mining industry's major products are salt, spodumene concentrate (lithium) and phosphate minerals. Spodumene concentrate is mainly exported to China and Japan for further processing, while a large proportion of the salt produced by industry operators is exported to chemical product manufacturing plants in Asia. In response to lower pricing, Australia's salt production is expected to total 12.3 megatonnes in 2019-20, down from 12.6 megatonnes in 2013-14. Despite lower production volumes compared with other major salt-producing countries, Australia is the world's leading exporter of salt, exporting the bulk of its production. Spodumene concentrate output has increased over the past five years, in response to higher d...
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Salt, Lithium and Other Mineral 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.

The Salt, Lithium and Other Mineral Mining industry is projected to perform well over the next five years. The industry's performance will continue to depend heavily on trends in the output and value of spodumene concentrate and salt. Industry revenue is forecast to rise at an annualised XX.X% over the five years through XXX-XX, to reach $X.X billion. Furthermore, industry profitability is projected to increase over the period. The industry's revenue and profit rises are anticipated due to forecast growth in spodumene concentrate output volumes, high demand for spodumene in export markets, and favourable export pricing due to the Australian dollar remaining relatively weak. Lithium and salt growth Global demand for lithium is forecast to rise rapid...
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Salt, Lithium and Other Mineral Mining industry statistics

  • business Number of Businesses: 545
  • poll Average Industry Profit Margin: x.x%
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  • supervisor_account Industry Employment: 4,369

Biggest companies in the Salt, Lithium and Other Mineral Mining industry

The companies holding the largest market share in the Salt, Lithium and Other Mineral Mining in Australia industry include Windfield Holdings Pty Ltd, Rio Tinto Plc - Rio Tinto Limited, Mineral Resources Limited, Mitsui & Co (Australia) Ltd and Galaxy Resources Limited.

  • pie_chart Windfield Holdings Pty Ltd Market Share: x.x%
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  • pie_chart Rio Tinto Plc - Rio Tinto Limited Market Share: x.x%
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  • pie_chart Mineral Resources Limited Market Share: x.x%
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  • pie_chart Mitsui & Co (Australia) Ltd Market Share: x.x%
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  • pie_chart Galaxy Resources Limited Market Share: x.x%
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What is Salt, Lithium and Other Mineral Mining industry?

Industry Definition

Industry firms harvest salt and mine or quarry non-metallic and related minerals such as phosphate rock, silica, gypsum, magnesite, talc and lithium minerals. Industry firms also carry out some basic processing functions.

Industry Products and Services

  • Salt
  • Phosphate rock
  • Silica sand
  • Gypsum
  • Magnesite
  • Other minerals
  • Lithium minerals

Industry Activities

  • Barite mining
  • Graphite mining
  • Gypsum quarrying
  • Lithium ore (spodumene) mining and processing
  • Magnesia mining
  • Phosphate rock mining
  • Salt harvesting
  • Silica sand quarrying
  • Talc mining
  • Other non-metallic mineral mining

Market research report - table of contents

Industry Definition

Industry firms harvest salt and mine or quarry non-metallic and related minerals such as phosphate rock, silica, gypsum, magnesite, talc and lithium minerals. Industry firms also carry out some basic processing functions.

Main Activities

  • Barite mining
  • Graphite mining
  • Gypsum quarrying
  • Lithium ore (spodumene) mining and processing
  • Magnesia mining
  • Phosphate rock mining
  • Salt harvesting
  • Silica sand quarrying
  • Talc mining
  • Other non-metallic mineral mining

Similar Industries

Additional Resources

Industry Statistics Snapshot

Industry Structure

Executive Summary

Key External Drivers

The salt mined by industry firms is often used in industrial salt manufacturing, which is carried out by basic inorganic chemical manufacturers. As a resu...
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Demand from basic inorganic chemical manufacturing
Value of merchandise trade exports
Trade-weighted index
Demand from building construction

Current Performance

Volatile pricing and output
Industry structure
Export trends
 Chart: Revenue Growth

Industry Outlook

Other mineral growth
Enterprise and employment growth
 Table: Salt, Lithium and Other Mineral Mining in Australia - Market Research Report Industry Revenue Outlook

Industry Life Cycle

Life Cycle Reasons
 Chart: Benchmarking - Salt, Lithium and Other Mineral Mining in Australia - Market Research Report Industry Lifecycle vs The Economy

Supply Chain

Key Buying Industries

Fertiliser Manufacturing in Australia
Basic Inorganic Chemical Manufacturing in Australia
Glass and Glass Product Manufacturing in Australia
Plaster Product Manufacturing in Australia



Key Selling Industries

Contract Mining Services in Australia
Mining and Construction Machinery Manufacturing in Australia
Petroleum Product Wholesaling in Australia




Products & Services

The Salt, Lithium and Other Mineral Mining industry's major products are lithium minerals and salt. These minerals are expected to account for more than 7...
Other export markets
Chemical product manufacturers
Agricultural product manufacturers
Building product manufacturers
Other sectors

Demand Determinants

Due to the diverse range of products mined by industry operators, industry demand determinants vary broadly among product lines and their uses. Price, vol...
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Major Markets

Other export markets
Chemical product manufacturers
Agricultural product manufacturers
Building product manufacturers
Other sectors


 Chart: Major Market Segmentation for the Salt, Lithium and Other Mineral 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 Salt, Lithium and Other Mineral Mining industry has a moderate concentration level, with the four largest companies expected to account for 42.2% of i...
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Key Success Factors

Cost Structure Benchmarks

Profit, Purchases, Wages, Other Costs
 Chart: Cost Structure Benchmarking – Sector vs Salt, Lithium and Other Mineral Mining in Australia - Market Research Report

Basis of Competition

Internal competition
External competition

Barriers to Entry

 Table: Barriers to Entry Checklist for the Salt, Lithium and Other Mineral Mining in Australia - Market Research Report Industry

Industry Globalization

Windfield Holdings Pty Ltd is the holding company for the Australian operations of Talison Lithium Limited, a major lithium mineral mining company. Taliso...
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Windfield Holdings

 Table: Windfield Holdings - financial performance

Rio Tinto

 Table: Rio Tinto - financial performance

Mineral Resources

 Table: Mineral Resources - financial performance

Mitsui & Co Australia

 Table: Mitsui & Co Australia - financial performance

Galaxy Resources

 Table: Galaxy Resources - financial performance

Capital Intensity

The Salt, Lithium and Other Mineral Mining industry has high capital \r\nintensity requirements. The industry \r\nhas substantial needs for working \r\ncapital,...
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 Chart: Level of Capital Intensity for the Salt, Lithium and Other Mineral 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 Salt, Lithium and Other Mineral 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)
Salt Output (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, %

OPEN-CUT MINING

OVERBURDEN

SALT HARVESTING

SOLAR SALT

SPODUMENE

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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 Salt, Lithium and Other Mineral Mining industry?

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This report on Salt, Lithium and Other Mineral Mining in Australia:

  • 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 Salt, Lithium and Other Mineral 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
  • 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 Salt, Lithium and Other Mineral Mining in Australia, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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