Australia has a large endowment of mineral, hydrocarbon and non-mineral reserves, which the Mining division extracts, processes and sells. These reserves are often high quality and close to the surface of the earth, enabling Australia's Mining division to be price-competitive on a global scale. The division is export-oriented, with exports expected to account for just over two-thirds of revenue in 2014-15.
The division's performance depends on global trends in supply and demand for commodities, as well as pricing levels and the value of the Australian dollar. As new supply takes years to develop, division operations are generally cyclical.
The Mining division includes all operations mainly engaged in the extraction of minerals or hydrocarbons (oil and gas), exploration for minerals or hydrocarbons and the provision of a variety of services to firms engaged in these activities.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.