Australia Iron Ore Mining Market by Reserves and Production, Assets and Projects, Fiscal Regime including Taxes and Royalties, Key Players and Forecast, 2021-2026
Summary
GlobalData's Australia Iron Ore Mining Market by Reserves and Production, Assets and Projects, Fiscal Regime including Taxes and Royalties, Key Players and Forecast, 2021-2026 provides a comprehensive coverage on the Australian iron ore mining industry. It provides historical and forecast data on iron ore production, reserves by country, and world iron ore prices. The report also includes a demand drivers section providing information on factors that are affecting the country’s iron ore industry such as demand from end use sectors including steel, construction and automobile industries. It further profiles major iron ore producers, information on the major active, planned and exploration projects.
Australia’s iron ore production reached 922.2Mt in 2021, which was up by a marginal 0.4% over the previous year. The flat growth was primarily due to weather disruptions, supply chain delays, maintenance activities, and labor shortages due to COVID-19-related border restrictions. The country's output is expected to reach 931.7Mt in 2022—up by just 1% compared to the previous year—owing to the development projects that began operations in 2021, such as South Flank, West Angelas, Mesas B, C, and D, and Western Turner Syncline Phase 2, as well as Rio Tinto’s Gudai-Darri mine, which commenced operations in June 2022. Production in 2022 will be supported by an expected increase in output from top players, such as Rio Tinto and BHP.
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.
- Comprehensive evaluation of the impact of COVID-19 on Australian iron ore industry
- To gain an understanding of the Australian iron ore mining industry, relevant driving factors
- To understand historical and forecast trend on Australian iron ore production
- To identify key players in the Australian iron ore mining industry
- To identify major active, exploration and development projects in Australia
- 1. Executive Summary
- 2. Reserves, Production, and Prices
- 2.1 Reserves
- 2.2 Iron Ore Production
- 2.3 Iron Ore Production by Company
- 2.4 Iron Ore Prices
- 3. Iron Ore Assets
- 3.1 Active Mines
- 3.2 Development Projects
- 3.3 Exploration Projects
- 4. Demand and Exports
- 4.1 Iron Ore Exports
- 4.2 Demand from the Steel Industry
- 5. Major Iron Ore Producers
- 5.1 Rio Tinto
- 5.2 BHP
- 5.3 Fortescue Metals Group Ltd
- 5.4 Mineral Resources Limited
- 6. Australia Fiscal Regime
- 6.1 Governing Bodies and Agencies
- 6.2 Laws and Regulations
- 6.3 Mineral Licensing and Fees
- 6.4 Royalty and Taxes
- 6.5 Corporate Tax (CIT)
- 7. Appendix
- 7.1 Abbreviations
- 7.2 Methodology
- 7.3 Coverage
- 7.4 Secondary Research
- 7.5 Development Likelihood
- List of Tables
- Table 1: Active mines by total reserves (million tonnes)
- Table 2: Historical and forecast iron ore production (million tonnes), 2006-26
- Table 3: Production and guidance by company (million tonnes), 2020-22
- Table 4: Iron ore prices quarterly ($/dmtu), 2014-22
- Table 5: Active Mines, 2022
- Table 6: Development projects, 2022
- Table 7: Exploration Projects, 2022
- Table 8: Australia’s iron ore exports by country (million tonnes), 2021
- Table 9: Historical and forecast iron ore exports (million tonnes), 2006-26
- Table 10: China crude steel production (million tonnes), 2010-26
- Table 11: China’s construction output value ($ billion), 2010-26
- Table 12: Rio Tinto, major projects, 2022
- Table 13: BHP, major projects, 2022
- Table 14: Fortescue Metals Group Ltd, major projects, 2022
- Table 15: Mineral Resources Limited, major projects, 2022
- Table 16: National level mining governing bodies and agencies, 2022
- Table 17: Mining governing bodies and agencies by state/territory, 2022
- Table 18: Mining governing bodies and agencies by state/territory, 2022
- Table 19: Exploration (mineral owner) license application and renewal fees in NSW, 2022
- Table 20: Mining leases and fees in NSW, 2022
- Table 21: Assessment leases and fees in NSW, 2022
- Table 22: Mining license, lease, permit, and administration fees in Northern Territory, 2022
- Table 23: Mining titles and fees in Victoria, 2022
- Table 24: Mineral titles and fees in Queensland, 2022
- Table 25: Mineral tenements and fees in South Australia, 2021
- Table 26: Fees for mining license and lease in Tasmania, 2022
- Table 27: Other mining related fees in Tasmania, 2022
- Table 28: Mining Rents in Tasmania, 2022
- Table 29: Mining tenements and fees in Western Australia, 2022
- Table 30: Royalty rates in New South Wales by commodity, 2022
- Table 31: CRD Factor, 2008-21
- Table 32: Price and royalty rate for base and precious metals in Queensland, FY2020-21
- Table 33: Discounts on processed minerals, 2021
- Table 34: South Australia royalty rates (%), 2022
- Table 35: Royalty rates in Western Australia (%), 2022
- Table 36: Withholding Tax (%), 2022
- List of Figures
- Figure 1: Crude ore reserves by country (billion tonnes), 2016-22
- Figure 2: Share of iron ore reserves by country (%), January 2022
- Figure 3: Historic and forecast iron ore production (million tonnes), 2006-26
- Figure 4: Iron ore prices, quarterly ($/dmtu), 2014-22
- Figure 5: Australia’s iron ore export by country (%), 2011 vs 2021
- Figure 6: Historical and forecast iron ore exports (million tonnes), 2006-26
- Figure 7: Global iron ore consumption by end-use (%), 2021
- Figure 8: China crude steel production (million tonnes), 2010-26
- Figure 9: China’s construction output value ($ billion), 2010-26
- Figure 10: Iron ore production by company (million tonnes), 2020 vs 2021
- Figure 11: Three levels of the Australian Government
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