Australia Iron Ore Mining Sector Analysed & Forecast in Topical Timetric Report Published at MarketPublishers.com07 May 2014 • by Natalie Aster
LONDON – The mineral industry is deemed to be a crucial driver of the Australian economy development, which also opens new job opportunities. As of 2013, the iron ore production in Australia stood at around 609.2 million tonnes. It is poised for healthy growth in the forthcoming years and will likely reach 692.8 million tonnes in 2015 and 812.4 million tonnes by 2020. The most abundant reserves of iron ore are found in Western Australia; these reserves accounted for nearly 97% of the total iron ore production in Australia in 2013.
In the short run (2014-2016), with a remarkable increase in the local demand for iron ore as well as the projected growth in the infrastructure of the country’s mining sector, a number of novel iron ore projects are predicted to commence including, among others, Southdown Project owned by Sojitz Corporation, Kobe Steel Ltd and Grange Resources Limited, and also the Roy Hill project owned by POSCO and Hancock Prospecting Pty Ltd.
Topical market research report “Iron Ore Mining in Australia to 2020” developed by Timetric offers a comprehensive analysis of the national iron ore mining sector.
The report is an essential source of top-level historical and current data on the iron ore mining sector in Australia. It contains detailed statistics on production and consumption, imports and exports. The research study investigates the top industry growth restraints and drivers, provides a snapshot of the major exploration, active and development projects, features the regulative framework and offers a thorough examination of the competitive scenario along with top companies’ profiles. The study reviews the pricing and distribution issues, discusses the hottest industry problems, traces the important industry activities, and presents extensive forecasts of the performance of the Australian iron ore mining sector through 2020.
Iron Ore Mining in Australia to 2020
Published: April, 2014
Price: US$ 1,495.00
Other Countries Mining Industry Reports by Timetric:
- Coal Mining in Australia to 2020
- Coal Mining in Indonesia to 2020
- Philippines’s Mining Fiscal Regime: H1 2014
- Indonesia’s Mining Fiscal Regime: H1 2014
- Canada’s Mining Fiscal Regime: H1 2014
More in-demand market research reports by the publisher can be found at Timetric page.