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Mining in Western Australia
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Mining in Western Australia
Mining in Western Australia, together with the petroleum industry in the state, accounted for 94% of the State's and 46% of Australia's income from total merchandise exports in 2019–20. The state of Western Australia hosted 123 predominantly higher-value and export-oriented mining projects and hundreds of smaller quarries and mines. The principal projects produced more than 99 per cent of the industry's total sales value.
Western Australia's mineral and petroleum industry, in 2019–20, had a value of $174 billion, up from $145 billion in 2018–19. In comparison, the value of the mineral and petroleum industry in 2005–06 was $43 billion.
Iron ore was, in 2019–20, the most important commodity in Western Australia, accounting for 60 percent of sales in the state's mineral and petroleum industry. The petroleum sector, consisting of oil and gas, followed in second place with 22 percent of the overall value. The third most important commodity in the state was gold, at $16 billion, 9.2 percent of the overall value. Alumina, nickel, and base metals (copper, lead and zinc) followed in order of importance, each achieving a value in excess of A$1 billion. Other major commodities included lithium, mineral sands, salt, coal, cobalt, rare earths, and diamonds.
Employment in the Western Australian mining and petroleum industry has sharply increased over the last decade, from 85,163 in 2010, directly employing an average of 135,001 people during 2019–20. The largest employers were the iron ore (48.5%) and gold (23.4%) sectors.
The industry's regulating authority in Western Australia is the Department of Mines, Industry Regulation and Safety, renamed from the Department of Mines and Petroleum (DMP) on 1 July 2017, which in turn replaced the Department of Industry and Resources (DOIR) on 1 January 2009. The department also produces the annual Western Australian Mineral and Petroleum Statistic Digest and operates the MINDEX website, which is aimed at listing all current and former mining operations in the state.
Mining transformed the Western Australian economy. Gold finds in the 1890s brought unprecedented numbers of people and amounts of capital to the state.
Gold mining declined after 1904, and Western Australia went through a painful period of structural adjustment over the course of the following three decades during which time two world wars, an international depression and a major drought complicated the state's economic development. Mining began to take off again in the 1930s, however at the time the state governments' focus was on agricultural expansion and manufacturing initiatives. The primary sector would experience strong growth until the early 1970s, after which it levelled off. More than one million hectares (2.5 million acres) of marginal agricultural land was abandoned, and the government turned to mining as the state's main economic priority.
The period after 1945 has been characterised by the development of the state's mining sector into a world-scale industry and Western Australia's increasing access to the rest of the world. Communication and transport advances brought Western Australia much closer to the rest of the world, providing opportunities for local producers to access markets in other countries much more easily. On the other hand, overseas producers could access the Western Australian market relatively more readily. The outcome has been a highly specialised and trade-dependent Western Australian economy (with mining and mineral processing the dominant industries), using income derived to import many other goods and services.
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Mining in Western Australia
Mining in Western Australia, together with the petroleum industry in the state, accounted for 94% of the State's and 46% of Australia's income from total merchandise exports in 2019–20. The state of Western Australia hosted 123 predominantly higher-value and export-oriented mining projects and hundreds of smaller quarries and mines. The principal projects produced more than 99 per cent of the industry's total sales value.
Western Australia's mineral and petroleum industry, in 2019–20, had a value of $174 billion, up from $145 billion in 2018–19. In comparison, the value of the mineral and petroleum industry in 2005–06 was $43 billion.
Iron ore was, in 2019–20, the most important commodity in Western Australia, accounting for 60 percent of sales in the state's mineral and petroleum industry. The petroleum sector, consisting of oil and gas, followed in second place with 22 percent of the overall value. The third most important commodity in the state was gold, at $16 billion, 9.2 percent of the overall value. Alumina, nickel, and base metals (copper, lead and zinc) followed in order of importance, each achieving a value in excess of A$1 billion. Other major commodities included lithium, mineral sands, salt, coal, cobalt, rare earths, and diamonds.
Employment in the Western Australian mining and petroleum industry has sharply increased over the last decade, from 85,163 in 2010, directly employing an average of 135,001 people during 2019–20. The largest employers were the iron ore (48.5%) and gold (23.4%) sectors.
The industry's regulating authority in Western Australia is the Department of Mines, Industry Regulation and Safety, renamed from the Department of Mines and Petroleum (DMP) on 1 July 2017, which in turn replaced the Department of Industry and Resources (DOIR) on 1 January 2009. The department also produces the annual Western Australian Mineral and Petroleum Statistic Digest and operates the MINDEX website, which is aimed at listing all current and former mining operations in the state.
Mining transformed the Western Australian economy. Gold finds in the 1890s brought unprecedented numbers of people and amounts of capital to the state.
Gold mining declined after 1904, and Western Australia went through a painful period of structural adjustment over the course of the following three decades during which time two world wars, an international depression and a major drought complicated the state's economic development. Mining began to take off again in the 1930s, however at the time the state governments' focus was on agricultural expansion and manufacturing initiatives. The primary sector would experience strong growth until the early 1970s, after which it levelled off. More than one million hectares (2.5 million acres) of marginal agricultural land was abandoned, and the government turned to mining as the state's main economic priority.
The period after 1945 has been characterised by the development of the state's mining sector into a world-scale industry and Western Australia's increasing access to the rest of the world. Communication and transport advances brought Western Australia much closer to the rest of the world, providing opportunities for local producers to access markets in other countries much more easily. On the other hand, overseas producers could access the Western Australian market relatively more readily. The outcome has been a highly specialised and trade-dependent Western Australian economy (with mining and mineral processing the dominant industries), using income derived to import many other goods and services.
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