2020 Iron Ore Mining Industry in Australia

1
Iron Ore Mining in Australia to 2020
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Iron Ore Mining in Australia to 2020

• Synopsis
• 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.
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Iron Ore Mining in Australia to 2020

• 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.
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Iron Ore Mining in Australia to 2020

• Scope
• 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.
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Iron Ore Mining in Australia to 2020

• 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. In the short
  term 20142016, with rise in demand and projected
  growth in infrastructure, a number of iron ore
  projects are expected to commence. These include
  the Roy Hill project owned by Hancock Prospecting
  Pty Ltd and POSCO Southdown Project owned by
  Grange Resources Limited, Sojitz Corporation and
  Kobe Steel Ltd. 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.
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Iron Ore Mining in Australia to 2020

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