The Nickel and Other Basic Non-Ferrous Metal Manufacturing industry has been extremely volatile over the past five years. The period has been characterised by large swings in industry revenue, reflecting dramatic shifts in US dollar prices for nickel and substantial variations in the value of the Australian dollar. The industry is expected to generate revenue of $4.75 billion in 2012-13, compared with $7.68 billion in 2007-08, equating to a fall of 9.2% per year. Industry revenue is forecast to fall by 2.2% in 2012-13, mainly due to lower nickel prices. The industry is expected to produce less than 0.1% of Australia's GDP in 2012-13 and generate profit of $160.5 million.
Firms in this industry smelt and refine nickel, smelt tin and refine gold. Producers may also recover these metals from scrap.
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.