Position of Western Australia within Australia highlighted
Location
State
Western Australia
Country
Australia
Regulatory authority
Authority
Department of Mines, Industry Regulation and Safety
Website
www.dmirs.wa.gov.au
Production
Commodity
Iron ore
Production
844.4 million tonnes
Value
A$137.6 billion
Employees
78,974
Year
2021–22[1]
Iron ore mining in Western Australia, in the 2018–19 financial year, accounted for 54 percent of the total value of the state's resource production, with a value of A$78.2 billion. The overall value of the minerals and petroleum industry in Western Australia was A$145 billion in 2018–19, a 26 percent increase on the previous financial year.[2][3]
Western Australia's iron ore output for 2020–21 was 838.7 million tonnes, the second-highest figure after 2017–18. The bulk of Western Australian ore went to China, which imported 82% of 2021 production, followed by Japan and South Korea, with 6% each.[4] The state has the world's largest reserves of iron ore with 29% of the world's iron ore, followed by Brazil with 19%, Russia with 15% and China with 12%.[2][5][3]
In 2020–21 the Western Australian Government received A$9.8 billion in royalties from the iron ore mining industry in the state.[4][2][6][3] The remaining life of the Pilbara iron ore fields has been estimated as 65 years from 2021.[7]
^Cite error: The named reference digest22 was invoked but never defined (see the help page).
^ abc"Western Australian Mineral and Petroleum Statistics Digest 2017–18" (PDF). East Perth, WA: Government of Western Australia Department of Mines, Industry Regulation and Safety. 2018. Retrieved 12 June 2019.
^ abc"Western Australian Mineral and Petroleum Statistics Digest 2018–19" (PDF). Department of Mines and Petroleum. East Perth, WA: Government of Western Australia. 2019. Retrieved 1 April 2020.
^ abCite error: The named reference digest21 was invoked but never defined (see the help page).
^Tuck, Christopher A. (28 February 2019). "Mineral Commodity Summaries 2019" (PDF). Reston, Virginia: U.S. Geological Survey. pp. 88–89. Archived from the original (PDF) on 26 October 2019. Retrieved 12 June 2019.
^"Western Australia Iron Ore Profile" (PDF). Perth, WA: Government of Western Australia Department of Jobs, Tourism, Science and Innovation. June 2018. Retrieved 12 June 2019.
^Haselgrove, Salomae (9 February 2021). "Pilbara to lead decades of Australian iron ore prosperity". Australian Mining. Retrieved 14 December 2023.
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