Australia Copper Mining to 2023

Australia Copper Mining to 2023

Summary

GlobalData's "Australia Copper Mining to 2023" comprehensively covers Australia's reserves of copper, historic and forecast trends in the country's copper production, copper pries, consumption, exports, and the key active, exploration and development copper mines and projects. The report also analyses factors affecting the country’s demand for copper and profiles the major copper producers.

Australian copper mine production is estimated to have reached 938.7kt in 2019, up by 2.8% over 2018, owing to higher production at BHP’s Olympic Dam mine, which increased from 147kt in 2018 to 181kt in 2019 owing to planned preparatory work in the prior period related to the refinery crane replacement. The commencement of new projects in that same year, including the Monty Copper-Gold, Woodlawn and Carrapateena, further boosted supply in that year.

Production is expected to grow at a forecast-period (2019-2023) CAGR of 4.5%, to reach 1.1Mt in 2023, backed by the commencement of Cadia expansion 1 project, which has an annual copper mine production capacity of 78kt in 2023. Other projects due to commence over the forecast period include the Eva, Hillside, Renison Expansion, Savannah North, Cleveland and Jervois.

Scope

- The report analyses Australia's copper mining industry, with details of reserves, production, consumption trends and forecasts, exports, the competitive landscape and listing of the major active, exploration and development projects.

Reasons to Buy

- To gain an understanding of Australia's copper mining industry, relevant driving factors
- To understand historical and forecast trend on the country's copper production, consumption and exports