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Australia ranked first globally with 53 billion tonnes of iron ore reserves as of January 2015, accounting for 27.9% of the global total. Iron ore reserves are abundantly found in Western Australia and South Australia with minor deposits in Tasmania, Northern Territory and New South Wales (USGS, 2015). Globally, Australia ranked second in terms of iron ore production, producing 735.5Mt in 2014, higher by 20% over 2013 and accounting for 32.7% of global iron ore production.
- The report contains an overview of the Australian iron ore mining industry together with the key factors affecting the industry. Further, it provides information about reserves, reserves by state, historic production and production forecast, production by form, production forecast by selected mines, historic and forecast iron ore consumption and exports, consumption vs steel production, iron ore prices, the competitive landscape and active, exploration and development iron ore projects.
Reasons to Buy
- Gain an understanding of the Australian iron ore mining industry, its reserves, and reserves by states, historic and forecast production, production by form, forecast production by selected iron ore mines, historic and forecast iron ore consumption and exports, iron ore prices, demand drivers, active, exploration and development projects, the competitive landscape and the country's fiscal regime.