Title: Iron Ore Mining in Australia to 2020
1Iron Ore Mining in Australia to 2020
One-Stop Shop for Business Information
2 Summary
The iron ore production in 2013 was 609.2 million
tons (Mt), a figure that is projected to reach
692.8Mt by 2015 and 812.4Mt by 2020. Iron ore in
the country is abundantly found in Western
Australia, which accounted for 97 of countrys
total iron ore production in 2013. Its main
deposits are situated in Hamersley province, in
the states Pilbara region. The economically
viable resources are limited to regions in
Western Australia with economic demonstrated
resource (EDR) of 91, and total iron ore
resources of 86, followed by South Australia
with EDR of 8 and total iron ore resources of
10. Other deposits are found in Tasmania,
Northern Territory and New South Wales.
3Synopsis The Iron Ore Mining in Australia to
2020 report provides historical and forecast
data on iron ore production (and also by form),
reserves, consumption by end use and trade to
2020. The trade section provides information on
export volumes to destination countries, as well
as imports. The report also includes drivers and
restraints affecting the industry, profiles of
major iron ore mining companies, information on
the major active, exploration and development
projects and regulations governing the industry.
The report provides a comprehensive coverage of
Australias iron ore mining industry.
4Scope The report contains an overview of the
Australian iron ore mining industry together with
the key growth factors and restraints affecting
the countrys iron ore mining industry. Further,
it provides detailed information about
production, prices, production by form and mining
methods, reserves, reserves by grade and regions,
major producing mines, competitive landscape,
major active, exploration and development
projects, consumption, consumption by end-use and
trade. Also included is the country's fiscal
regime, which includes governing bodies and
relevant laws, rights and obligations of the
mining companies, as well as key fiscal terms.
5- Key Highlights
- The iron ore production in 2013 was 609.2 million
tons (Mt), a figure that is projected to reach
692.8Mt by 2015 and 812.4Mt by 2020. Iron ore in
the country is abundantly found in Western
Australia, which accounted for 97 of countrys
total iron ore production in 2013. - -The Australian governments draft legislation to
repel the controversial mineral resource rent tax
(MRRT) tax by July 2014 is expected to encourage
mining companies. The previous government
introduced the MRRT, essentially an additional
tax on the profits from mining projects, but, it
was estimated that the tax would generate
revenues of just AUD7.2 billion (US7.3 billion)
by 2017.
6Table Of Content
- Table of Contents
- Executive Summary
- Iron Ore Mining in Australia
- Iron Ore Mining in Australia Production,
Consumption, Reserves and Trade - Fiscal Regime
- Appendix
- Methodology
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- Iron Ore Mining in Australia to 2020
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