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Australia's Identified Mineral Resources 2022

– Preliminary Tables

Australia's Identified Mineral Resources (AIMR) 2022 presents an annual assessment of Australia's mineral reserves and resources for 36 commodities. Preliminary national Ore Reserve and Mineral Resource estimates, as at 31 December 2021, are available in the tables below. The full AIMR 2022 report will be available in early 2023.

Table 1

Table 1. Australia's Ore Reserves and Mineral Resources of selected commodities at operating mines in 2021.

CommodityUnitNo. of Operating Mines1Ore Reserves2Measured and Indicated Mineral Resources3Inferred Mineral Resources4Mine Production5Reserve Life (years)Resource Life 1 (years)Resource Life 2 (years)
Antimonykt Sb119.539.66.93.4661214
BauxiteMt81,5542,9562,475103.3152953
Black CoalMt9111,02332,563718,7085548205993
Cobaltkt Co5146247225.39284751
CopperMt Cu3318.5581.3626.500.822399131
Goldt Au1623,4027,7442,755307112534
Iron OreMt4411,20530,64342,653922123379
LeadMt Pb168.3027.188.560.49175674
Lithiumkt Li42,5593,3731,3605510476186
Manganese OreMt4108209754.911224358
Mineral Sands12
IlmeniteMt1111.240.67.30.6207487
RutileMt81.03.50.60.272327
ZirconMt103.210.21.60.562023
NickelMt Ni133.87.72.30.15255267
Rare Earths13Mt oxide21.652.101.350.0231482105173
Silver15kt Ag2721.1070.2521.961.33165369
Tinkt Sn1219368398.816254246
Uraniumkt U22379953463.7981762262353
ZincMt Zn1817.2457.0222.061.32134387

Abbreviations
t = tonne; kt = kilotonne (1,000 t); Mt = million tonne (1,000,000 t).
Where an element symbol follows the unit it refers to contained metal content.

Notes
Reserve Life = Ore Reserves ÷ Production.
Resource Life 1 = Measured and Indicated Resources ÷ Production.
Resource Life 2 = Measured, Indicated and Inferred Resources ÷ Production.
Previous editions of this table have included diamond. However, with the closure of the Argyle mine, Australia no longer has any operating diamond mines.

  1. The number of operating mines counts individual mines that operated during 2021 and thus contributed to production. Some of these mines may belong to larger, multi-mine operations and some may have closed during or since 2021.
  2. The majority of Australian Ore Reserves and Mineral Resources are reported in accordance with the JORC Code, however there are a number of companies that report to foreign stock exchanges using other reporting codes, which are largely equivalent. In addition, Geoscience Australia may hold confidential information for some commodities. NB: Not all operating mines report Ore Reserves. Ore Reserves are as at 31 December 2021.
  3. Measured and Indicated Mineral Resources are inclusive of the Ore Reserves. NB: Not all operating mines report Mineral Resources. Mineral Resources are as at 31 December 2021.
  4. Inferred Mineral Resources are as at 31 December 2021. NB: Not all operating mines report Mineral Resources.
  5. Mining production from Resources and Energy Quarterly, September 2022, published by the Office of the Chief Economist, Department of Industry, Science and Resources unless otherwise stated. Production data often have a higher level of certainty than reserve and resource estimates and, thus, may be presented with more significant figures.
  6. Antimony production from company reports (Mandalay Resources Ltd).
  7. Measured, Indicated and Inferred Mineral Resources for black coal are presented on a recoverable basis (these are Geoscience Australia estimates unless provided by the company).
  8. Mine production refers to raw coal.
  9. Cobalt production data from Department of Mines, Industry Regulation and Safety, Western Australian Government, 2021 Major commodities resources file.
  10. Lithium production data (tonnes of spodumene concentrates) from Department of Mines, Industry Regulation and Safety, Western Australian Government, 2021 Major commodities resources file. Production of lithium calculated assuming 6% Li2O in spodumene concentrates.
  11. Australian manganese production from Department of Mines, Industry Regulation and Safety, Western Australian Government (2021 Major commodities resources file) and company reports (OM Holdings Limited, South 32 Limited).
  12. Australian mineral sands production data based on estimates from New South Wales Government Department of Regional NSW (pers. comm.), Department of Mines, Industry Regulation and Safety Western Australian Government (2021 Major commodities resources file), South Australia Department for Energy (Mining Report Book 2022/00002), Northern Territory Department of Industry Tourism and Trade (2021 Territory Mining Production) and Queensland Department of Natural Resources and Mines (Queensland Annual Minerals Summary 2020-21).
  13. Rare earths comprise rare earth oxides (REO) and yttrium oxide (Y2O3).
  14. Rare earths production is based on Western Australian production of concentrates from Mount Weld (15,616 t) and from 58,000 t of zircon - monazite concentrate produced at Eneabba, assuming 20% of concentrate is monazite and 60% of monazite is REO (6,960 t).
  15. Major silver producing mines only; many gold and copper mines also produce silver as a by-product but these are not counted here.
  16. The Office of the Chief Economist reports tin production of 8.8 kt in 2021. Renison, Australia’s only significant tin mine, reports 8.5 kt. Additional production is as by-product from other operations such as Greenbushes.
  17. Uranium production from company reports (BHP Ltd, Energy Resources Australia Ltd, Heathgate Resources Pty Ltd).

Table 2

Table 2. Australia's Estimated Ore Reserves1 as at December 2021.

CommodityUnit Proved Ore Reserves Probable Ore Reserves Proved & Probable Ore Reserves2 Total Ore Reserves Mine Production3 Reserve Life (years)
Antimony kt Sb 13.1 6.4 0 19.5 3.44 6
Bauxite Mt 816 744 0 1,560 103.3 15
Black Coal Mt 7,392 7,433 1,418 16,243 5545 29
Brown Coal Mt n.a. n.a. n.a. n.a 42.36 n.a.
Chromium kt Cr 0 0 0 0 0 0
Cobalt kt Co 196 417 0 613 5.37 116
Copper Mt Cu 7.98 15.66 0.05 23.70 0.82 29
DiamondMc000000
Fluorine kt F 0 0 0 0 0 0
Gold t Au 972 3,530 0 4,502 307 15
Graphite Mt 1.42 3.58 0 5.00 0 0
High-Purity AluminaMt Al2O30.210.9501.1600
Iron
Iron ore Mt 7,794 15,240 0 23,034 922 25
Contained iron Mt Fe 3,755 6,630 0 10,385 571 18
Lead Mt Pb 6.07 4.01 0 10.08 0.49 21
Lithium kt Li 551 4,012 0 4,563 558 83
Magnesite Mt MgCO3 10 3 24 37 0.99 41
Manganese Ore Mt 52 51 17 120 4.910 22
Mineral Sands
Ilmenite Mt 32.5 38.2 0 70.7 0.611 128
Rutile Mt 6.5 4.9 0 11.4 0.211 76
Zircon Mt 14.5 14.8 0 29.2 0.511 56
Molybdenum kt Mo 0 155 0 155 0 0
Nickel Mt Ni 3.0 5.6 0 8.7 0.15 58
Niobium kt Nb 58 0 0 58 n.a.12 n.a.
PGE t metal 0 50.6 0 50.6 0.47013 108
Phosphate
Phosphate rock14 Mt 15 28 81 124 >0.415 <310
Contained P2O5 Mt P2O5 4 9 20 33 n.a. n.a.
Potash Mt K2O 2.9 15.5 0 18.4 <0.116 n.a.
Rare Earths17Mt oxide 1.76 1.35 0 3.11 0.02318 156
Scandium kt Sc 6.02 5.63 0 11.65 0 n.a.
Silver kt Ag 13.33 10.73 0 24.06 1.33 18
Tantalum kt Ta 7.0 42.8 0 49.8 0.119 442
Thorium kt Th 0 0 0 0 0 0
Tin kt Sn 37 166 98 301 8.8 34
Tungsten kt W 21 192 0 213 <120 845
Uranium kt U 146 107 0 253 3.79821 67
Vanadium kt V 708 2,241 0 2,948 0 n.a.
Zinc Mt Zn 12.26 7.01 0 19.28 1.32 15

Abbreviations
t = tonne; kt = kilotonnes (1,000 t); Mt = million tonnes (1,000,000 t); Mc = million carats (1,000,000 carats); n.a. = not available; PGE = platinum group elements (platinum, palladium, osmium, iridium, ruthenium, rhodium).
Where an element symbol follows the unit it refers to contained metal content.

Notes
Reserve Life = Ore Reserves ÷ Production.
Figures are rounded so Proved, Probable and Proven & Probable Ore Reserves may not add up to Total Ore Reserves exactly.

  1. The majority of Australian Ore Reserves are reported in accordance with the JORC Code, however there are a number of companies that report to foreign stock exchanges using other reporting codes, which are largely equivalent. In addition, Geoscience Australia may hold confidential information for some commodities.
  2. ‘Proven & Probable Ore Reserves’ is a reporting category distinct from 'Proved Reserves' and 'Probable Reserves'. It is no longer supported by the JORC Code but because some overseas reporting codes still use this category, and some historical resources fall into this category, it is included in this table.
  3. Mining production from Resources and Energy Quarterly, September 2022, published by the Office of the Chief Economist, Department of Industry, Science and Resources unless otherwise stated. Production data often have a higher level of certainty than reserve and resource estimates and, thus, may be presented with more significant figures.
  4. Antimony production from company reports (Mandalay Resources Ltd).
  5. Black coal production refers to raw coal.
  6. Australian production of brown coal is sourced from the Victorian State Government, Earth Resources Regulation, Annual Statistical Report FY 2020-21.
  7. Cobalt production data from Department of Mines, Industry Regulation and Safety, Western Australian Government, 2021 Major commodities resources file.
  8. Lithium production data (tonnes of spodumene concentrates) from Department of Mines, Industry Regulation and Safety, Western Australian Government, 2021 Major commodities resources file. Production of lithium calculated assuming 6% Li2O in spodumene concentrates.
  9. The Department for Energy and Mining, South Australia (Report Book 2022/00002) reported magnesite production of 5,149 t in 2021. The Queensland Department of Natural Resources and Mines (Queensland Annual Mineral Summary 2020-21) reported magnesite production of 888,474 t in 2020-21.
  10. Australian manganese production from Department of Mines, Industry Regulation and Safety, Western Australian Government (2021 Major commodities resources file) and company reports (OM Holdings Limited, South 32 Limited).
  11. Australian mineral sands production data based on estimates from New South Wales Government Department of Regional NSW (pers. comm.), Department of Mines, Industry Regulation and Safety Western Australian Government (2021 Major commodities resources file), South Australia Department for Energy (Mining Report Book 2022/00002), Northern Territory Department of Industry Tourism and Trade (2021 Territory Mining Production) and Queensland Department of Natural Resources and Mines (Queensland Annual Minerals Summary 2020-21).
  12. There are no mines producing niobium as a primary product in Australia. However, it is likely produced as a by-product at some lithium/tantalum operations, but these data have not been reported.
  13. Platinum and palladium production data from Department of Mines, Industry Regulation and Safety, Western Australian Government, 2021 Major commodities resources file.
  14. Phosphate rock is reported as being economic at grades ranging from 8.7% to 30.2% P2O5.
  15. Geoscience Australia estimate based on reported mining production from Christmas Island—435,737 t in 2021, South Australia—694 t in 2021 (South Australia Department for Energy and Mining Report Book 2022/00002) and Queensland—24 t in 2020–21 (Queensland Department of Natural Resources and Mines, Queensland Annual Mineral Summary 2020–21).
  16. Australian potash production from company reports (Kalium Lakes Ltd).
  17. Rare earths comprise rare earth oxides (REO) and yttrium oxide (Y2O3).
  18. Rare earths production is based on Western Australian production of concentrates from Mount Weld (15,616 t) and from 58,000 t of zircon - monazite concentrate produced at Eneabba, assuming 20% of concentrate is monazite and 60% of monazite is REO (6,960 t).
  19. Tantalum production data from Department of Mines, Industry Regulation and Safety, Western Australian Government, 2021 Major commodities resources file. Production represents a maximum as no correction has been made for actual tantalite concentration in reported concentrates.
  20. Tungsten production from company correspondence (Tasmania Mines Pty Ltd) and company reports (EQ Resources Ltd).
  21. Uranium production from company reports (BHP Ltd, Energy Resources Australia Ltd, Heathgate Resources Pty Ltd).

Table 3

Table 3. Australia's Identified Mineral Resources as at December 2021.

CommodityUnitAustraliaWorld
Demonstrated Resources Inferred Resources2 Accessible EDR3 Mine Production4 Economic Resources5 Mine Production6
Economic (EDR)1Subeconomic
ParamarginalSubmarginal
Antimony kt Sb 136.5 8.8 0 49.5 136.5 3.47 2,000 109
Bauxite Mt 3,565 0 1,429 3,206 3,565 103.3 30,285 383
Black Coal
In situ Mt 89,012 2,475 4,638 104,208     
Recoverable Mt 75,433 1,907 3,362 81,577 74,775 5548 756,2069 6,75410
Brown Coal
In situ Mt 81,234 45,696 239,225 122,509     
Recoverable Mt 74,039 42,082 215,303 105,228 72,453 42.311 320,63612 96613
Chromium kt Cr 0 302 0 6,584 0 0 569,62014 41,40014
Cobalt kt Co 1,582 244 8 1,189 1,582 5.315 7,800 165
Copper Mt Cu 100.07 1.51 0.25 44.25 100.07 0.82 883 20.9
Diamond Mc 1.28 0 0 20.30 1.28 016 1,79117 37
Fluorine kt F 343 721 6 2,543 343 0 153,000 4,17518
Gold t Au 11,980 155 36 6,177 11,953 307 55,080 3,007
Graphite Mt 7.97 0.10 0 7.42 7.97 0 333 1.0
High-Purity Alumina Mt Al2O3 16.72 0 0 33.26 16.72 0 n.a. n.a.
Iron
Iron ore Mt 56,646 5,469 1,280 91,782 56,646 922 184,876 2,570
Contained iron Mt Fe 26,497 1,776 426 41,424 26,497 571 86,105 1,587
Lead Mt Pb 35.95 1.31 0.14 24.34 35.95 0.49 88.91 4.3
Lithium kt Li 6,700 0 <1 2,144 6,700 5519 23,400 105
Magnesite Mt MgCO3 286 75 35 999 286 0.920 7,265 3021
Manganese Ore Mt 277 3 190 400 277 4.922 1,33823 19.523
Mineral Sands
Ilmenite Mt 273.8 16.3 10.9 262.9 263.9 0.624 1,163.7 14.4
Rutile Mt 33.8 0.1 3.1 35.9 31.2 0.224 49.6 0.6
Zircon Mt 78.6 0.3 4.7 64.3 76 0.524 105.5 1.6
Molybdenum kt Mo 482 366 <1 1,193 482 0 20,421 297
Nickel Mt Ni 21.7 2.3 <1 19.5 21.7 0.15 96 2.7
Niobium kt Nb 216 15 0 397 216 n.a.25 >17,000 75
PGE t metal 247.7 115.0 0 316.5 245.1 0.47026 70,158 38027
Phosphate
Phosphate rock28 Mt 1,080 498 0 2,364 1,080 >0.429 71,000 217
Contained P2O5 Mt P2O5 178 91 0 388 178 n.a. n.a. n.a.
Potash
Recoverable Mt K2O 44.2 1.6 0 153.1 44.2 <0.130 >3,500 46,000
In situ Mt K2O 44.2 290.4 0 1,111.3 44.2 n.a 250,000 n.a.
Rare Earths31 Mt oxide 4.26 4.07 35.12 24.49 4.26 0.02332 125 0.24
Scandium kt Sc 36.65 0.75 0 14.60 36.65 0 n.a. n.a.
Silver kt Ag 94.27 1.68 0.48 43.62 94.27 1.33 535 23.9
Tantalum kt Ta 104.4 1.4 0.2 37.2 104.4 0.133 >140 2.1
Thorium kt Th 0 0 604 776 0 0 n.a. n.a.
Tin kt Sn 585 61 32 294 585 8.8 4,900 303
Tungsten kt W 570 0 5 215 570 <134 3,700 79
Uranium kt U 1,227 52 29 623 1,224 3.79835 3,81536 47.337
Vanadium kt V 8,110 121 1,376 17,319 8,110 0 26,300 110
Zinc Mt Zn 66.25 0.43 0.75 47.19 66.25 1.32 248 13

Abbreviations
t = tonne; kt = kilotonnes (1,000 t); Mt = million tonnes (1,000,000 t); Mc = million carats (1,000,000 carats); n.a. = not available; PGE = platinum group elements (platinum, palladium, osmium, iridium, ruthenium, rhodium).
Where an element symbol follows the unit it refers to contained metal content.

Notes

  1. Economic Demonstrated Resources (EDR) predominantly comprise Ore Reserves and most Measured and Indicated Mineral Resources that have been reported in accordance with the Joint Ore Reserves Committee (JORC) Code to the Australian Securities Exchange (ASX). In addition, some reserves and resources have been reported using other reporting codes to foreign stock exchanges and Geoscience Australia may hold confidential data for some commodities.
  2. Total Inferred Resources in economic, subeconomic and undifferentiated categories.
  3. Accessible Economic Demonstrated Resources (AEDR) is the portion of total EDR that is accessible for mining. AEDR does not include resources that are inaccessible for mining because of environmental restrictions, government policies or military lands.
  4. Australian mine production from Resources and Energy Quarterly, September 2022 published by the Office of the Chief Economist, Department of Industry, Science and Resources unless otherwise stated. Production data often have a higher level of certainty than reserve and resource estimates and, thus, may be presented with more significant figures.
  5. World economic resources from Mineral Commodity Summaries 2022 published by the USGS and adjusted with Geoscience Australia data, unless otherwise stated.
  6. World production from Mineral Commodity Summaries 2022 published by the USGS and adjusted with Geoscience Australia data, unless otherwise stated.
  7. Australian antimony production from company reports (Mandalay Resources Ltd).
  8. Australian black coal production refers to raw coal.
  9. World economic resources of black coal from the Federal Institute for Geosciences and Natural Resources, Germany (Energy Study 2021).
  10. World mine production of black coal from the Federal Institute for Geosciences and Natural Resources, Germany (Energy Study 2021).
  11. Australian production of brown coal is sourced from the Victorian State Government, Earth Resources Regulation, Annual Statistical Report FY 2020-21.
  12. World economic resources of brown coal from the Federal Institute for Geosciences and Natural Resources, Germany (Energy Study 2021).
  13. World mine production of brown coal from the Federal Institute for Geosciences and Natural Resources, Germany (Energy Study 2021).
  14. World economic resources and mine production are presented as chromite ore.
  15. Australian cobalt production data from Department of Mines, Industry Regulation and Safety, Western Australian Government, 2021 Major commodities resources file.
  16. Australian diamond production from Office of the Chief Economist (Resources and Energy Quarterly September 2022).
  17. World resource figures are for industrial diamonds only, no data provided for resources of gem diamonds.
  18. World mine production of fluorine excludes the USA.
  19. Australian lithium production data (tonnes of spodumene concentrates) from Department of Mines, Industry Regulation and Safety Western Australian Government, 2021 Major commodities resources file. Production of lithium calculated assuming 6% Li2O in spodumene concentrates.
  20. The Department for Energy and Mining, South Australia (Report Book 2022/00002) reported magnesite production of 5,149 t in 2021. The Queensland Department of Natural Resources and Mines (Queensland Annual Mineral Summary 2020-21) reported magnesite production of 888,474 t in 2020-21.
  21. World mine production excludes the USA.
  22. Australian manganese production from Department of Mines, Industry Regulation and Safety, Western Australian Government (2021 Major commodities resources file) and company reports (OM Holdings Limited, South 32 Limited).
  23. World economic resources and mine production of manganese are published by the United States Geological Survey as manganese content, not manganese ore.
  24. Australian mineral sands production data based on estimates from New South Wales Government Department of Regional NSW (pers. comm.), Department of Mines, Industry Regulation and Safety Western Australian Government (2021 Major commodities resources file), South Australia Department for Energy (Mining Report Book 2022/00002), Northern Territory Department of Industry Tourism and Trade (2021 Territory Mining Production) and Queensland Department of Natural Resources and Mines (Queensland Annual Minerals Summary 2020-21).
  25. There are no mines producing niobium as a primary product in Australia. However, it is likely produced as a by-product at some lithium/tantalum operations, but these data have not been reported.
  26. Australian platinum and palladium production data from Department of Mines, Industry Regulation and Safety, Western Australian Government, 2021 Major commodities resources file.
  27. World mine production is platinum and palladium only.
  28. Phosphate rock is reported as being economic at grades ranging from 8.7% to 30.2% P2O5.
  29. Geoscience Australia estimate based on reported mining production from Christmas Island—435,737 t in 2021, South Australia—694 t in 2021 (South Australia Department for Energy and Mining Report Book 2022/00002) and Queensland—24 t in 2020–21 (Queensland Department of Natural Resources and Mines, Queensland Annual Mineral Summary 2020–21).
  30. Australian potash production from company reports (Kalium Lakes Ltd).
  31. Rare earths comprise rare earth oxides (REO) and yttrium oxide (Y2O3).
  32. Rare earths production is based on Western Australian production of concentrates from Mount Weld (15,616 t) and from 58,000 t of zircon - monazite concentrate produced at Eneabba, assuming 20% of concentrate is monazite and 60% of monazite is REO (6,960 t).
  33. Australian tantalum production data from Department of Mines, Industry Regulation and Safety, Western Australian Government, 2021 Major commodities resources file. Production represents a maximum as no correction has been made for actual tantalite concentration in reported concentrates.
  34. Tungsten production from company correspondence (Tasmania Mines Pty Ltd) and company reports (EQ Resources Ltd).
  35. Australian uranium production from company reports (BHP Ltd, Energy Resources Australia Ltd, Heathgate Resources Pty Ltd).
  36. World economic resources from the International Atomic Energy Agency estimate for Reasonably Assured Resources recoverable at costs of less than US$130/kg, personal communication, October 2022.
  37. World production of uranium in 2021 from World Nuclear Organisation (Uranium Production, Figures, 2012-2021, July 2022 update).

Table 4

Table 4. Changes in Australia's Economic Demonstrated Resources (EDR) and production from 2020 to 2021.

CommodityUnitEDRProduction
20202021 Change (%)20202021 Change (%)
Antimony kt Sb 125.2 136.5 9% 3.9 3.4 -13%
Bauxite Mt 5,132 3,565 -31% 103.6 103.3 0%
Black Coal – Recoverable Mt 74,147 75,433 2% 542 554 2%
Brown Coal – Recoverable Mt 74,039 74,039 0% 41.5 42.3 2%
Chromium kt Cr 0 0 0% 0 0 0%
Cobalt kt Co 1,495 1,582 6% 5.6 5.3 -5%
Copper Mt Cu 96.65 100.07 4% 0.88 0.82 -6%
Diamond Mc 10.97 1.28 -88% 9.98 0 -100%
Fluorine kt F 343 343 0% 0 0 0%
Gold t Au 11,101 11,980 8% 328 307 -6%
Graphite Mt 7.97 7.97 0% 0 0 0%
High-Purity Alumina Mt Al2O3 n.a 16.72 n.a n.a 0 n.a
Iron
Iron ore Mt 51,709 56,646 10% 922 922 0%
Contained iron Mt Fe 27,553 26,497 -4% 571 571 0%
Lead Mt Pb 35.73 35.95 1% 0.49 0.49 0%
Lithium kt Li 6,174 6,700 9% 40 55 38%
Magnesite Mt MgCO3 286 286 0% 0.8 0.9 12%
Manganese Ore Mt 276 277 0% 4.8 4.9 2%
Mineral Sands
Ilmenite Mt 274.0 273.8 0% 1.1 0.6 -45%
Rutile Mt 35.3 33.8 -4% 0.2 0.2 0%
Zircon Mt 79.3 78.6 -1% 0.4 0.5 25%
Molybdenum kt Mo 403 482 20% 0 0 0%
Nickel Mt Ni 21.4 21.7 1% 0.17 0.15 -12%
Niobium kt Nb 216 216 0% n.a n.a 0%
PGE t metal 107.0 247.7 131% 0.522 0.470 -10%
Phosphate
Phosphate rock Mt 1,081 1,080 0% 1.3 >0.4 n.a.
Contained phosphate Mt P2O5 178 178 0% n.a n.a n.a.
Potash Mt K2O 42.5 44.2 4% 0 <0.1 n.a.
Rare Earths1 Mt oxide 4.20 4.26 1% 0.020 0.023 15%
Scandium kt Sc 30.34 36.65 21% 0 0 0%
Silver kt Ag 92.50 94.27 2% 1.34 1.33 -1%
Tantalum kt Ta 99.4 104.4 5% 0.1 0.1 0%
Thorium kt Th 0 0 0% 0 0 0%
Tin kt Sn 574 585 2% 8.1 8.8 9%
Tungsten kt W 577 570 -1% <1 <1 0%
Uranium kt U 1,239 1,227 -1% 6.195 3.798 -38%
Vanadium kt V 7,408 8,110 10% 0 0 0%
Zinc Mt Zn 66.41 66.25 0% 1.31 1.32 0%

Abbreviations
t = tonne; kt = kilotonnes (1,000 t); Mt = million tonnes (1,000,000 t); Mc = million carats (1,000,000 carats); n.a. = not available; PGE = platinum group elements (platinum, palladium, osmium, iridium, ruthenium, rhodium).
Where an element symbol follows the unit it refers to contained metal content.

Notes

  1. Rare earths comprise rare earth oxides (REO) and yttrium oxide (Y2O3).

Table 5

Table 5. World ranking for Australia's mineral resources (EDR) and production as at December 2021.

CommodityWorld Ranking for ResourcesShare of World ResourcesWorld Ranking for ProductionShare of World Production
Antimony67%43%
Bauxite312%127%
Black Coal – Recoverable410%38%
Brown Coal – Recoverable223%84%
Chromium00%00%
Cobalt220%33%
Copper211%84%
Diamond minorminor00%
Fluorine9minor00%
Gold122%210%
Graphite82%00%
Ilmenite223%84%
Iron Ore131%136%
Lead140%211%
Lithium229%153%
Magnesite44%53%
Manganese Ore49%311%
Molybdenum62%00%
Nickel123%56%
Niobiumunknownunknownunknownunknown
Phosphate82%131%
PGEminorminorminorminor
Potash121%minorminor
Rare Earths63%48%
Rutile163%126%
Scandiumunknownunknown00%
Silver218%56%
Tantalumunknownunknown55%
Thorium00%n.a.n.a.
Tin412%83%
Tungsten215%minorminor
Uranium132%48%
Vanadium231%00%
Zinc127%310%
Zircon172%130%

Abbreviations
PGE = platinum group elements (platinum, palladium, osmium, iridium, ruthenium, rhodium).

Notes
World rankings determined by comparing Australia’s EDR and production to economic resources and production reported for other countries (see sources below). Undocumented resources and production are not used in the comparisons.
Minor = <1% of global economic resources and/or production, therefore Australia’s ranking unable to be determined.
Unknown = Global economic resources are too opaque for comparisions (e.g., there are large, undocumented tantalum resources in the Congo) or Australian production is likely to have occurred during the year but quantities are not publically available.

Sources
United States Geological Survey (Mineral Commodity Summaries 2022), OECD Nuclear Energy Agency/International Atomic Energy Agency (personal communication 2022), World Nuclear Organisation (Uranium Production, Figures, 2012-2021, July 2022 update). Federal Institute for Geosciences and Natural Resources, Germany (Energy Study 2021) and Geoscience Australia.

Table 6

Table 6. Average reserve life and resource life (years) for selected commodities as at December 2021.

Commodity Operating Mines1 All Deposits
Ore Reserves2Demonstrated Mineral Resources3 All Resources4 Ore Reserves5 AEDR6 All Resources7
Bauxite 15 29 33 15 35 80
Black Coal 20 59 93 29 135 295
Cobalt 28 47 51 116 300 570
Copper 23 99 131 29 120 180
Gold 11 25 34 15 40 60
Ilmenite 20 74 87 130 480 955
Iron Ore 12 33 79 25 60 170
Lead 17 56 74 21 75 125
Lithium 47 61 86 83 120 160
Manganese Ore 22 43 58 24 55 180
Nickel 25 52 67 58 145 290
Rutile 7 23 27 75 205 445
Silver 16 53 69 18 70 105
Tin 25 42 46 34 65 110
Uranium 62 262 353 67 320 510
Zinc 13 43 87 15 50 85
Zircon 6 20 23 55 145 270

Notes
Reserve and resource life for each mineral commodity are calculated by dividing the inventory by production. The resulting ratio is a snapshot in time that can only be used for general impressions because it is an average and it assumes (1) that production rates in the future will remain the same as those used in the calculation, (2) deposits deemed economic/uneconomic remain so in the future and (3) that depleted resources are never replaced.
Previous editions of this table have included diamond. However, with the closure of the Argyle mine, Australia no longer has any operating diamond mines.

  1. Operating mines includes all mines that operated during 2021 and thus contributed to production (see Table 1).
  2. Ore Reserves for operating mines, as reported in accordance with the JORC Code, plus non-JORC Code equivalents (see Table 1).
  3. Measured and Indicated Mineral Resources for operating mines are inclusive of Ore Reserves, as reported in accordance with the JORC Code, plus non-JORC Code-equivalents (see Table 1).
  4. All Resources for Operating Mines includes Measured, Indicated and Inferred Mineral Resources, inclusive of Ore Reserves, as reported in accordance with the JORC Code, plus non-JORC Code-equivalents (see Table 1).
  5. Ore Reserves for all deposits as reported in accordance with the JORC Code, plus non-JORC Code equivalents (see Table 2).
  6. AEDR for all deposits = Accessible Economic Demonstrated Resources (see Table 3). Figures rounded to nearest five years.
  7. All Resources for all deposits includes EDR, Subeconomic Demonstrated Resources and Inferred Resources (see Table 3). Figures rounded to nearest five years.

Table 7

Table 7. Comparisons of EDR of major commodities at Australian mines to total EDR as at December 2021.

CommodityUnitEDRNumber ofPercentage of EDR
Deposits with EDROperating MinesAll MinesOperating MinesAll MinesOther Deposits
BauxiteMt3,5322081080%81%19%
Black Coal – RecoverableMt75,4332749111946%52%48%
Cobaltkt Co1,582795616%16%84%
CopperMt Cu100.07196334681%83%17%
Goldt Au11,98070416223670%74%26%
Iron OreMt56,64687446454%64%36%
LeadMt Pb35.9578162677%86%14%
Lithiumkt Li6,700114850%98%2%
Manganese OreMt27794567%70%30%
Mineral Sands
IlmeniteMt273.879111615%38%62%
RutileMt33.85881110%15%85%
ZirconMt78.680101413%38%62%
NickelMt Ni21.799132536%40%60%
Silverkt Ag94.27147274275%78%22%
Uraniumkt U1,227322381%82%18%
ZincMt Zn66.2589182686%88%12%

Abbreviations
t = tonne; kt = kilotonnes (1,000 t); Mt = million tonnes (1,000,000 t).
Where an element symbol follows the unit it refers to contained metal content.

Notes
All Mines = mines that are currently operating, placed on care and maintenance or under development.
'Deposits with EDR’ is inclusive of the mines.
Previous editions of this table have included diamond. However, with the closure of the Argyle mine, Australia no longer has any operating diamond mines.

Table 8

Table 8. Comparisons of Ore Reserves of major commodities to total EDR and AEDR as at December 2021.

CommodityUnitOre ReservesEDRAEDROre Reserves/EDR (%)Ore Reserves/AEDR (%)
BauxiteMt1,5603,5653,56544%44%
Black Coal – RecoverableMt16,24375,43374,77522%22%
Cobaltkt Co6131,5821,58239%39%
CopperMt Cu23.70100.07100.0724%24%
Goldt Au4,50211,98011,95338%38%
Iron OreMt23,03456,64656,64641%41%
LeadMt Pb10.0835.9535.9528%28%
Lithiumkt Li4,5636,7006,70068%68%
Manganese OreMt12027727743%43%
Mineral Sands
IlmeniteMt70.7273.8263.926%27%
RutileMt11.433.831.234%36%
ZirconMt29.278.67637%38%
NickelMt Ni8.721.721.740%40%
Silverkt Ag24.0694.2794.2726%26%
Uraniumkt U2531,2271,22421%21%
ZincMt Zn19.2866.2566.2529%29%

Abbreviations
t = tonne; kt = kilotonnes (1,000 t); Mt = million tonnes (1,000,000 t).
Where an element symbol follows the unit it refers to contained metal content.
EDR = Economic Demonstrated Resources.
AEDR = Accessible Economic Demonstrated Resources.

Notes
Previous editions of this table have included diamond. However, with the closure of the Argyle mine, Australia no longer has any operating diamond mines.

Table 9

Table 9. Distribution of EDR of major commodities in Australia as at December 2021.

CommodityUnitEDR Number of Percentage of EDR in largest
Deposits Deposits with EDR 10 deposits 20 deposits
Bauxite Mt 3,565 40 20 (50%) 98 100
Black Coal – Recoverable Mt 75,433 360 274 (76%) 29 41
Cobalt kt Co 1,582 155 79 (51%) 66 81
Copper Mt Cu 100.07 368 196 (53%) 83 90
Gold t Au 11,980 1,312 704 (54%) 50 60
Iron Ore Mt 56,646 281 87 (31%) 68 86
Lead Mt Pb 35.95 155 78 (50%) 87 94
Lithium kt Li 6,700 16 11 (69%) 100 100
Manganese Ore Mt 277 44 9 (20%) 100 100
Mineral Sands
Ilmenite Mt 273.8 178 79 (44%) 65 81
Rutile Mt 33.8 161 58 (36%) 68 88
Zircon Mt 78.6 179 80 (45%) 73 90
Nickel Mt Ni 21.7 181 99 (55%) 65 85
Silver kt Ag 94.27 260 147 (57%) 72 85
Uranium kt U 1,227 96 32 (33%) 95 99
Zinc Mt Zn 66.25 170 66 (39%) 86 92

Abbreviations
t = tonne; kt = kilotonnes (1,000 t); Mt = million tonnes (1,000,000 t).
Where an element symbol follows the unit it refers to contained metal content.
EDR = Economic Demonstrated Resources.

Notes
For classification as a mineral deposit there must be, at a minimum, an Inferred Resource compliant with the JORC Code (or equivalent) or, in some cases, a historical (pre-JORC) resource estimate.

Table 10

Table 10. Export value ($million) of mineral commodities, resources and energy, merchandise and goods and services, 2012 to 2021.

Category2012201320142015201620172018201920202021
Total Mineral Exports149,879162,572158,312140,885150,186178,999201,208233,772231,233295,088
Total Resources and Energy Exports179,007190,323190,859166,131175,645213,046257,304296,859278,248359,988
Total Merchandise Exports249,678263,456266,739250,334259,071301,998345,468390,579364,472460,114
Total Goods and Services Exports306,237323,442333,120323,136336,894386,677438,284492,684436,302519,512

Notes
Total mineral exports includes: metallic minerals, energy minerals (coal and uranium), gemstones, mineral sands and refined minerals (concentrates, bullion, ingot metals).

Source
Office of the Chief Economist (Resources and Energy Quarterly September 2022).

Table 11

Table 11. Australian export volume and values of mineral and metal commodities 2021.

Commodity Export volume Unit Export earnings ($million) Value
($/t or $/c)
Percentage of total mineral export earnings
Aluminium – Bauxite 35,392 kt 1,266 36 0.4%
Aluminium – Alumina 18,383 kt 7,769 423 2.6%
Aluminium – Ingot Metal 1,369 kt 4,683 3,421 1.6%
Black Coal – Metallurgical 166,993 kt 36,840 221 12.5%
Black Coal – Thermal 198,789 kt 26,665 134 9.0%
Copper – Ore and Concentrates 1,640 kt 7,717 4,705 2.6%
Copper – Refined 371 kt 4,312 11,625 1.5%
Diamonds – Unsorted 30,833 c 0.3 11 minor
Diamonds – Sorted Gem 38,538 c 232 6,011 0.1%
Gold – Refined 257 t 23,281 90,539,864 7.9%
Iron – Ore 871,257 kt 154,656 178 52.4%
Iron – Crude Steel 688 kt 810 1,178 0.3%
Iron – Scrap 2,012 kt 1,200 597 0.4%
Lead – Concentrates 333 kt 936 2,813 0.3%
Lead – Refined 119 kt 356 2,983 0.1%
Lead – Bullion 183 kt 653 3,576 0.2%
Nickel – Ore and Concentrates 204 kt 575 2,812 0.2%
Nickel – Refined and Intermediate 128 kt 2,954 23,068 1.0%
Silver – Refined 274 t 308 1,123,263 0.1%
Tin – concentrate 15,610 t 329 21,084 0.1%
Uranium – Oxide (U3O8) 5,699 t 459 80,540 0.2%
Zinc – Ore and Concentrates 2,103 kt 2,570 1,222 0.9%
Zinc – Refined 405 kt 1,486 3,670 0.5%

Notes
Total mineral exports earnings in 2021 were $295,088 million (see Table 10).

Source
Office of the Chief Economist (Resources and Energy Quarterly September 2022).

Table 12

Table 12. Changes in Australian mineral and metal export volumes, earnings and values from 2020 to 2021, along with percentage share of export earnings in 2020 and 2021.

Commodity Export volume (%) Export earnings (%) Value (%) Percentage of total mineral export earnings 2020 Percentage of total mineral export earnings 2021
Aluminium – Bauxite -5% -15% -10% 0.6% 0.4%
Aluminium – Alumina 1% 11% 10% 3.0% 2.6%
Aluminium – Ingot Metal -3% 31% 34% 1.5% 1.6%
Black Coal – Metallurgical -3% 38% 41% 11.6% 12.5%
Black Coal – Thermal <1% 60% 62% 7.2% 9.0%
Copper – Ore and Concentrates -6% 8% 15% 3.1% 2.6%
Copper – Refined -6% 26% 35% 1.5% 1.5%
Diamonds – Unsorted -100% -100% -22% 0.1% minor
Diamonds – Sorted Gem -2% -10% -8% 0.1% 0.1%
Gold – Refined -16% -9% 9% 11.0% 7.9%
Iron – Ore <1% 32% 32% 50.5% 52.4%
Iron – Crude Steel -23% -13% 13% 0.4% 0.3%
Iron – Scrap <1% 25% 25% 0.4% 0.4%
Lead – Concentrates 5% 16% 10% 0.4% 0.3%
Lead – Refined -14% -32% -21% 0.2% 0.1%
Lead – Bullion 16% 75% 51% 0.2% 0.2%
Nickel – Ore and Concentrates -7% 27% 38% 0.2% 0.2%
Nickel – Refined and Intermediate 9% 30% 20% 1.0% 1.0%
Silver – Refined 13% 39% 22% 0.1% 0.1%
Tin – concentrate 4% 88% 81% 0.1% 0.1%
Uranium – Oxide (U3O8) -19% -40% -26% 0.3% 0.2%
Zinc – Ore and Concentrates -6% 33% 42% 0.8% 0.9%
Zinc – Refined -8% 16% 26% 0.6% 0.5%