Total income of the metal ore mining industry Australia FY 2012-2023
Mining plays an important role in Australia’s economy. In the 2023 financial year, the total income of the metal ore mining industry in Australia amounted to approximately 205.8 billion Australian dollars.
What metals are mined in Australia?
Australia is rich in natural resources, and minerals are no exception. An abundance of useful metals can be extracted from the minerals that are mined in Australia. The country produces large quantities of iron ore, lithium, gold, lead, and bauxite to name a few. A key component in electric vehicle batteries, lithium is also mined in the country.
How large is the metal export market?
Australia is a dominant force in the global metal mining industry and is a world leader in the export of iron ore, lead, zinc, gold, uranium, and aluminum. The Asia Pacific region was the main destination for many Australian metals. However, the leading export market for Australian gold was the United Kingdom.
