The Australian minerals industry has launched a new campaign to raise awareness of the benefits to every Australian of a strong and successful Australian minerals industry.

 

The Australian minerals contributed over $74 billion in taxes and royalties in the 2021-2022 financial year.

 

In an analysis based on ABS and ATO data, the MCA figures demonstrate that over 72 percent of all minerals profits stay in Australia.

 

The Australian minerals industry is proud of its contribution to building a stronger Australia and it’s our goal to keep investing, building and developing greater opportunities right across our nation.

 

Every Australian has a stake in Australian mining.

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Australia does well when Australian minerals do well.

The Australian minerals industry is well recognised for the important economic contribution it makes to the nation in terms of taxes and royalties paid.

What is less well understood is that this economic contribution is critical to help all Australians with the healthcare, education and infrastructure they deserve.

 

The Australian minerals contributed over $63 billion in taxes and royalties in the 2021-2022 financial year.

 

MCA figures demonstrate that over 72 per cent of all minerals profits stay in Australia.

Australia’s world class mining industry is ideally placed to lead global efforts to decarbonise and achieve the goal of net zero emissions by 2050.

 

Astronomical volumes of minerals and metals will be required to achieve this goal. By 2030 alone, 50 new lithium mines, 60 new nickel mines and 17 new cobalt mines will be needed to supply the materials required to meet demand for battery storage.

 

This makes the minerals and raw materials produced by resource-rich countries increasingly critical over coming decades to address the major challenges reshaping the world.

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Did you know an electric vehicle uses around 6 times more minerals than a conventional vehicle?

The Minerals Council of Australia report, Future Critical: Meeting the minerals investment challenge, highlights the importance of the Australian mining industry to the economy, the opportunity that lies ahead, and the critical role of policy settings to attracting new investment.

From cloud robotics to space exploration,
quantum computing to advanced bionics, the pace and progress of human advancement will be determined by the technologies made possible by minerals and metals.