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Q3 2013 Australia Q3 2013 www.businessmonitor.com AUSTRALIA MINING REPORT INCLUDES 5-YEAR FORECASTS TO 2017 ISSN 1755-7763 Published by:Business Monitor International Australia Mining Report Q3 2013 INCLUDES 5-YEAR FORECASTS TO 2017 Part of BMI’s Industry Report & Forecasts Series Published by: Business Monitor International Copy deadline: May 2013 Business Monitor International © 2013 Business Monitor International Senator House All rights reserved. 85 Queen Victoria Street London All information contained in this publication is EC4V 4AB copyrighted in the name of Business Monitor United Kingdom International, and as such no part of this Tel: +44 (0) 20 7248 0468 publication may be reproduced, repackaged, Fax: +44 (0) 20 7248 0467 redistributed, resold in whole or in any part, or used Email: [email protected] in any form or by any means graphic, electronic or Web: http://www.businessmonitor.com mechanical, including photocopying, recording, taping, or by information storage or retrieval, or by any other means, without the express written consent of the publisher. DISCLAIMER All information contained in this publication has been researched and compiled from sources believed to be accurate and reliable at the time of publishing. However, in view of the natural scope for human and/or mechanical error, either at source or during production, Business Monitor International accepts no liability whatsoever for any loss or damage resulting from errors, inaccuracies or omissions affecting any part of the publication. All information is provided without warranty, and Business Monitor International makes no representation of warranty of any kind as to the accuracy or completeness of any information hereto contained. Australia Mining Report Q3 2013 CONTENTS BMI Industry View ............................................................................................................... 7 Australia Still A Regional Standout ............................................................................................................... 7 SWOT .................................................................................................................................... 9 Australia - Q3 2013 ................................................................................................................................... 9 Market Overview ............................................................................................................... 11 Maintaining Prominence Despite Cooling Boom ............................................................................................ 11 Table: Australia - Select Key Mining Projects ......................................................................................................... 12 Table: Australia - Mining Industry Value & Production ............................................................................................... 13 Industry Forecast .............................................................................................................. 15 Bauxite: Environmental Concerns Could Derail Production ............................................................................ 15 Table: Australia - Largest Bauxite Projects ............................................................................................................ 16 Table: Australia - Bauxite Production Forecast ........................................................................................................ 18 Coal: Dimmer Prospects On Mounting Challenges ........................................................................................ 18 Table: Australia: Largest Thermal Coal Projects ...................................................................................................... 22 Table: Australia - Largest Metallurgical Coal Projects ................................................................................................ 23 Table: Australia - Coal Production Forecasts .......................................................................................................... 24 Copper: Enthusiasm Wanes On Market Uncertainty ....................................................................................... 24 Table: Australia - Largest Copper Projects ............................................................................................................ 25 Table: Australia - Copper Production Forecasts (©000 ounces, unless stated otherwise) .............................................................. 27 Gold: Global Share To Decline .................................................................................................................. 28 Table: Australia - Largest Gold Mining Projects ...................................................................................................... 30 Table: Australia - Gold Production Forecast (mn ounces, unless stated otherwise) ................................................................... 30 Iron Ore: Miners To Press On Despite Price Weakness .................................................................................. 31 Table: Australia - Largest Iron Ore Projects ........................................................................................................... 34 Table: Australia - Iron Ore Production Forecast ...................................................................................................... 35 Lead: Paroo Station To Lift Growth ............................................................................................................ 35 Table: Australia - Key Lead Projects ................................................................................................................... 35 Table: Australia - Lead Production Forecasts ......................................................................................................... 37 Nickel: Healthy Growth In Place ................................................................................................................ 37 Table: Australia - Nickel Production Forecasts ........................................................................................................ 40 Tin: Brighter Outlook In Store ................................................................................................................... 40 Table: Australia - Tin Production Forecast (©000 tonnes, unless stated otherwise) ................................................................... 43 Zinc: Growth To Collapse As Century Mine Ends .......................................................................................... 43 Table: Australia - Zinc Production Forecasts (mn tonnes, unless stated otherwise) ................................................................... 45 Industry Risk Reward Ratings .......................................................................................... 46 Asia Risk/Reward Ratings ....................................................................................................................... 46 Table: Asia Mining Risk/Reward Ratings .............................................................................................................. 46 Regulatory Development .................................................................................................. 52 Regulatory Environment Favorable For Investment ....................................................................................... 52 © Business Monitor International Page 4 Australia Mining Report Q3 2013 Table: Australia - Mineral Taxation .................................................................................................................... 53 Table: Australia - Political Overview .................................................................................................................. 56 Competitive Landscape .................................................................................................... 57 Major Miners To Remain Prominent ........................................................................................................... 57 Table: Financial Data For Key Mining Firms Listed In Australia, FY2012 ........................................................................... 58 Company Profile ................................................................................................................ 59 BHP Billiton - Q3 2013 ............................................................................................................................. 59 Table: BHP Billiton - Key Financial Data ............................................................................................................. 64 Rio Tinto ................................................................................................................................................ 64 Company Overview ................................................................................................................................ 66 Company Strategy .................................................................................................................................. 67 Table: Rio Tinto - Key Financial Data ................................................................................................................. 68 MMG Limited - Q3 2013 ........................................................................................................................... 69 Table: MMG Limited - Key Financial Data ...........................................................................................................
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