"Australia Mining Report Q4 2015" now available at Fast Market Research

From: Fast Market Research, Inc.
Published: Tue Sep 29 2015

Australia's mining sector is set to suffer the painful spillover effects of a prolonged period of weak mineral prices, in part resulting from a sharp investment slowdown in China.

Australia has been among the biggest beneficiaries of the China-led commodities boom over the past decade, attracting huge amounts of investment into the minerals space. Driven by China's voracious appetite for key commodities such as coal and iron ore, the value of Australia's mining industry had increased by more than six-fold from USD24bn in 2003 to USD154bn in 2013. As a result, this has seen the sector's share of GDP rising from 4.5% to 10.2% over the same period. However, the boom years in the mining industry are over. With China's economy on course for a continued slowdown over the coming years and mineral prices set to remain low, Australia's mining sector will suffer the painful spillover effects.

We believe Australia will be the biggest loser from the mineral imports shift in China. The latter commands a prominent role in Australia's exports of key commodities including coal and iron ore. Already, the mining sector is feeling the crunch of plummeting commodity prices as a string of miners scale back their ambitions and slam the brakes on investment. The rising tide of economic nationalism, declining labour productivity and aggressive minimum wage legislation will compound the challenges in the mining industry, amplifying the downshift in Australia's economy going forward. We expect the value of Australia's mining sector to reach USD191.9bn by 2019, growing at an annual average rate of 3.6% over our forecast period. This contrasts with an average growth rate of 21.5% per annum over the past decade.

Full Report Details at
- http://www.fastmr.com/prod/1052896_australia_mining_report_q4.aspx?afid=301

The Australia Mining Report has been researched at source and features BMI Research's mining and commodity forecasts for metals, minerals and gems, covering all major indicators including reserves, production, exports and values. The report also analyses trends and prospects, national and multinational companies and changes in the regulatory environment.

BMI's Australia Mining Report provides industry strategists, service companies, company analysts and consultants, government departments, trade associations and regulatory bodies with BMI's independent forecasts and competitive intelligence on the mining industry in Australia.

Key Benefits

* Use BMI's independent industry forecasts on Australia to test other views - a key input for successful budgeting and planning in this mining market.
* Target business opportunities and risks in Australia's mining sector through our reviews of latest mining industry trends, regulatory changes and major deals, projects and investments in Australia.
* Assess the activities, strategy and market position of your competitors, partners and clients

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Contact Name: Bill Thompson
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