Digest wraps-up impressive performance of WA’s resources sector
|Date:||Tuesday, 15 December 2020|
- Significant production and employment records broken, investment continues to grow
Mines and Petroleum Minister Bill Johnston today launched the Department of Mines, Industry Regulation and Safety’s 2019-20 Statistics Digest.
The digest provides detailed information on the performance of Western Australia’s resources sector and the significant production records broken during the past financial year.
WA posted $172 billion of mineral and petroleum sales, $103 billion of iron ore sales and $16 billion of gold sales during 2019-20. Employment also hit a record with 135,000 people working in the sector.
WA is the world’s largest supplier of iron ore, lithium, and garnet, the second largest exporter of LNG, diamonds, and alumina, and was among the top five producers of cobalt, gold, rare earth elements and zircon. The State was also a top 10 producer of manganese, nickel, ilmenite, salt, and rutile.
Interest in the resources sector remains strong with more than $100 billion worth of projects in the pipeline. The annual Statistics Digest attracts international attention and is used by a range of global market analysts, investment banks and industry associations.
For more information, visit http://www.dmp.wa.gov.au/About-Us-Careers/Statistics-Digest-3962.aspx.
Comments attributed to Mines and Petroleum Minister Bill Johnston:
“The McGowan Government will continue to promote the global reputation of WA’s resources sector to boost jobs and support our local economy.
“Despite facing several global challenges, the Statistics Digest has encapsulated the outstanding performance of WA’s mining and petroleum industries in 2019-20.
“While our resource exports continue to power our economy, it is especially pleasing to see the State’s downstream processing space continuing to grow.
“With our impressive range of critical and battery minerals, advanced mining expertise and leading-edge technology, WA is the perfect destination for global resources investment.”