Australia's nickel mine output is expected to decline in 2012-13, as output from some higher cost operations is curtailed in response to ongoing softness in nickel prices (in both Australian and US dollars). Nickel ore production is expected to be about 207,000 in 2012-13, down from 225,000 tonnes in the previous year, but well above the 191,400 tonnes produced in 2007-08. Most of the nickel ore mined in Australia is processed locally.
Industry revenue is expected to fall by 12.3% in 2012-13 to $2.43 billion as nickel prices continue to recede in the face of weak demand for steel. In China, the government has slowed some of its infrastructure projects.
Firms in this industry mine nickel-bearing ores.
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.