2. Reserves, Production, and Prices
2.1 Reserves
2.2 Iron Ore Production
2.3 Iron Ore Production by Company
2.4 Iron Ore Prices
3. Iron Ore Assets
3.1 Active Mines
3.2 Development Projects
3.3 Exploration Projects
4. Demand and Exports
4.1 Iron Ore Exports
4.2 Demand from the Steel Industry
5. Major Iron Ore Producers
5.1 Rio Tinto
5.2 BHP
5.3 Fortescue Metals Group Ltd
5.4 Mineral Resources Limited
6. Australia Fiscal Regime
6.1 Governing Bodies and Agencies
6.2 Laws and Regulations
6.3 Mineral Licensing and Fees
6.4 Royalty and Taxes
6.5 Corporate Tax (CIT)
7. Appendix
7.1 Abbreviations
7.2 Methodology
7.3 Coverage
7.4 Secondary Research
7.5 Development Likelihood
List of Tables
Table 1: Active mines by total reserves (million tonnes)
Table 2: Historical and forecast iron ore production (million tonnes), 2006-26
Table 3: Production and guidance by company (million tonnes), 2020-22
Table 4: Iron ore prices quarterly ($/dmtu), 2014-22
Table 5: Active Mines, 2022
Table 6: Development projects, 2022
Table 7: Exploration Projects, 2022
Table 8: Australia’s iron ore exports by country (million tonnes), 2021
Table 9: Historical and forecast iron ore exports (million tonnes), 2006-26
Table 10: China crude steel production (million tonnes), 2010-26
Table 11: China’s construction output value ($ billion), 2010-26
Table 12: Rio Tinto, major projects, 2022
Table 13: BHP, major projects, 2022
Table 14: Fortescue Metals Group Ltd, major projects, 2022
Table 15: Mineral Resources Limited, major projects, 2022
Table 16: National level mining governing bodies and agencies, 2022
Table 17: Mining governing bodies and agencies by state/territory, 2022
Table 18: Mining governing bodies and agencies by state/territory, 2022
Table 19: Exploration (mineral owner) license application and renewal fees in NSW, 2022
Table 20: Mining leases and fees in NSW, 2022
Table 21: Assessment leases and fees in NSW, 2022
Table 22: Mining license, lease, permit, and administration fees in Northern Territory, 2022
Table 23: Mining titles and fees in Victoria, 2022
Table 24: Mineral titles and fees in Queensland, 2022
Table 25: Mineral tenements and fees in South Australia, 2021
Table 26: Fees for mining license and lease in Tasmania, 2022
Table 27: Other mining related fees in Tasmania, 2022
Table 28: Mining Rents in Tasmania, 2022
Table 29: Mining tenements and fees in Western Australia, 2022
Table 30: Royalty rates in New South Wales by commodity, 2022
Table 31: CRD Factor, 2008-21
Table 32: Price and royalty rate for base and precious metals in Queensland, FY2020-21
Table 33: Discounts on processed minerals, 2021
Table 34: South Australia royalty rates (%), 2022
Table 35: Royalty rates in Western Australia (%), 2022
Table 36: Withholding Tax (%), 2022
List of Figures
Figure 1: Crude ore reserves by country (billion tonnes), 2016-22
Figure 2: Share of iron ore reserves by country (%), January 2022
Figure 3: Historic and forecast iron ore production (million tonnes), 2006-26
Figure 4: Iron ore prices, quarterly ($/dmtu), 2014-22
Figure 5: Australia’s iron ore export by country (%), 2011 vs 2021
Figure 6: Historical and forecast iron ore exports (million tonnes), 2006-26
Figure 7: Global iron ore consumption by end-use (%), 2021
Figure 8: China crude steel production (million tonnes), 2010-26
Figure 9: China’s construction output value ($ billion), 2010-26
Figure 10: Iron ore production by company (million tonnes), 2020 vs 2021
Figure 11: Three levels of the Australian Government