https://www.miningweekly.com

WA resources sales surge

WA resources sales surge

Photo by Bloomberg

29th March 2018

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

     

Font size: - +

PERTH (miningweekly.com) – Western Australia’s resources sector saw a 16% surge in sales revenue during 2017, to reach A$108.8-billion, as iron-ore prices increased, liquefied natural gas (LNG) volumes grew and gold output remained strong.

The Department of Mines, Industry Regulation and Safety reported on Thursday that iron-ore sales were up 14% on 2016, to nearly A$63-billion, while gold sales exceeded A$11-billion for the first time, more than twice what it was a decade ago, while LNG volumes increased by 38% on 2016 to a record 32.7-million tonnes.

"2017 was a positive year for Western Australia's resources industry and it was encouraging to see record production across key sectors,” said Mines and Petroleum Minister Bill Johnston.

"The statistics reflect the industry's strong economic performance in 2017, despite facing global demand challenges and geopolitical instability.”

Sales of spodumene, the primary lithium-bearing mineral produced in the state, increased by 166% to reach A$780-million in 2017.

Meanwhile, the average number of people directly employed in Western Australia's minerals sector also increased by 6% to more than 111 000.

"It's pleasing to see that employment in the mining sector continues to increase,” the Minister said.

Edited by Creamer Media Reporter

Comments

Showroom

Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

VISIT SHOWROOM 
Booyco Electronics
Booyco Electronics

Booyco Electronics, South African pioneer of Proximity Detection Systems, offers safety solutions for underground and surface mining, quarrying,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Hyphen, Eva mine, ferrochrome price make headlines
Hyphen, Eva mine, ferrochrome price make headlines
27th March 2024
Resources Watch
Resources Watch
27th March 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.111 0.147s - 106pq - 2rq
Subscribe Now