Australia's nickel mine output is expected to increase in 2014-15 as miners look to increase revenue and recover from recent major falls. This is despite output from some higher cost operations being curtailed in response to ongoing softness in nickel prices (in both Australian and US dollars). Nickel ore production is expected to be about 218,100 tonnes in 2014-15, up from 213,900 tonnes in the previous year and well above the 159,500 tonnes produced in 2009-10. Most of the nickel ore mined in Australia is processed locally into nickel concentrate. An estimated 20.2% of industry revenue is generated from exports in 2014-15.
Firms in this industry mine nickel-bearing ores. These firms can also carry out basic nickel ore beneficiation processes to produce nickel ore concentrate, which is still considered to be a product within the industry. Nickel ore that undergoes additional processing is included in other downstream manufacturing industries.
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.