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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.

Total income of the metal ore mining industry in Australia from financial year 2012 to 2023 (in billion Australian dollars)

Characteristic	Total income in billion Australian dollars
2023	205.82
2022	221.09
2021	214.12
2020	168.46
2019	135.92
2018	115.62
2017	105.38
2016	92.17
2015*	98.99
2014	109.88
2013	93.14
2012	106.43

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Release date

May 2024

More information

Region

Australia

Survey time period

FY 2012 to FY 2023

Supplementary notes

*Estimate has a relative standard error of 10 percent to less than 25 percent and should be used with caution.

Values have been rounded.

Australia's financial years run from July to June of the following year. For example, FY 2017 starts on July 1, 2016 and ends on June 30, 2017.

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