Australia’s mining and resources sector has boomed in the past decade and, despite turbulent times for the industry during the contentious mining tax debate of 2010, it continues to flourish.
Australia enjoys an abundance of mineral resources, including brown coal, mineral sands, nickel, lead, silver, uranium, iron ore and zinc
The scale of Australia’s resource industry has helped bring the nation to the forefront of mining equipment, technology and services. The results of this include the development of a sophisticated mining infrastructure, a skilled workforce and a forward-thinking, innovative R&D mindset. This highly developed industry allows investors to best utilise Australia’s wealth of natural resources.
Australia is ideally positioned to prosper in the Asian Century as the market potential for its mining and resources sector expands to satisfy rising demand in Asia. In particular, China’s phenomenal economic growth generates ongoing opportunities for the production of resources in Australia.
This collaboration between Government and industry to expedite the inauguration of the next generation of Australian mining is creating unique and significant investment potential.