Australia Iron Ore Mining to 2030

Australia Iron Ore Mining to 2030

Summary

GlobalData's Australia Iron Ore Mining Market by Reserves, Production, Assets, Projects, Fiscal Regime with Taxes, Royalties and Forecast to 2030 provides a comprehensive coverage on the Australia iron ore industry. It provides historical and forecast data on iron ore production, production by company, reserves by country and world iron ore prices. The report also includes a demand drivers section providing information on factors that are affecting the Australia iron ore industry. It further profiles major iron ore producers, information on the major active, planned and exploration projects by region.

Australia’s iron ore production is expected to remain flat in 2023 with just 0.3% year-on-year (YoY) growth rate, before increasing by 3.1% in 2024. Flat output in 2023 will be primarily due to the ramp down at BHP’s Yandi mine, which is set to close in 2024. The Yandi mine produced 45.8Mt of iron ore in 2022, accounting for 4.9% of total iron ore production in Australia.

Overall, Australia’s iron ore production is expected to grow at a compound annual growth rate (CAGR) of 3.8% to reach 1,220.2Mt by 2030.

Scope

• The report contains an overview of the Australia iron ore mining industry including key demand driving factors affecting the Australia iron ore mining industry. It provides detailed information on reserves, reserves by country, production, competitive landscape, major operating mines, major exploration, and development projects.

Reasons to Buy

• To gain an understanding of the Australia Iron ore mining industry, relevant driving factors
• To understand historical and forecast trend on Australia Iron ore production
• To identify key players in the Australia Iron ore mining industry
• To identify major active, exploration and development projects by region