Australia’s mining industry is a pillar of the Australian economy, with the country being one of the world’s largest exporters of coal, iron ore, bauxite, alumina, and many other resources. The Australian government recently announced a 23 billion Australian dollar package to support its domestic manufacturing and renewable energy sectors, with a large share of this investment going to the processing and refining of critical minerals. With this investment, the country looks set to position itself as a global leader in critical mineral mining.
The gross value added by the mining industry was in the hundreds of billions of Australian dollars, making it one of the largest economic industries in the country. Around 200 thousand people were employed in the Australian mining industry. Australia’s mining market is diverse, and accordingly, so are its mining companies. BHP and Rio Tinto, both Anglo-Australian multinational mining companies, are two of the biggest names in mining worldwide. In Australia, these companies dominate the metals and mining market, along with Fortescue Metals Group.
The gross value added by the mining industry was in the hundreds of billions of Australian dollars, making it one of the largest economic industries in the country. Around 200 thousand people were employed in the Australian mining industry. Australia’s mining market is diverse, and accordingly, so are its mining companies. BHP and Rio Tinto, both Anglo-Australian multinational mining companies, are two of the biggest names in mining worldwide. In Australia, these companies dominate the metals and mining market, along with Fortescue Metals Group.
