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ENERGY & MINING
Mineral wealth
Australia’s huge reserves of mineral resources make it a country rich in opportunity
for mining and energy investment and export.
Export value
international mineral export market. Australia is the
In 2007-08, earnings from Australia’s mineral resource world’s biggest coal exporter and black coal is Australia’s
exports increased by 11 per cent to A$116 billion. largest export product, worth more than A$24 billion in
Australia is the world’s leading producer of lead, bauxite 2007-08.
and alumina, diamonds (by volume), ilmenite, rutile and
zircon (synthetic rutile) and tantalum. Australian mineral
Infrastructure
exports have steadily increased over the last twenty The mining and minerals processing sector has had a
years, contributing over A$500 billion directly into local major impact on Australia’s economy and infrastructure.
wealth. Australian exports are highly competitive in an In the last forty years, the industry has built 26 towns,
12 ports plus additional port bulk handling infrastructure
at many existing ports, 25 airfields and over 2,000
GAs ExPlosIoN
kilometres of railway line. Mining companies also
Australia’s mineral and energy sector has never
contribute directly to improving road, rail and air services.
been more productive, with exports to Asia at their
highest ever. Following the signing of a A$50 billion
Employment
gas deal with China in August 2009, Australia is
The mining and mineral industry is an important force
recognised as one of the key energy exporters in
the world. Not only is Australia’s export industry
in driving the social and economic development of
booming, local infrastructure and employment is
regional Australia. The mining industry employs, directly
set to grow as well.
and indirectly, over 320,000 Australians. The Minister
for Resources and Energy, Martin Ferguson, estimated ➤
76 INVEST IN AUSTRALIA – INDIA
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