PUBLICATION

Global Business Reports

AUTHORS

Alice Pascoletti, Lindsay Davis, Elisa L. Iannacone

Western Australia Mining 2017 Pre-Release

April 27, 2017

A recent change in government brings some uncertainty to WA, as the iron ore giant is forced to look to alternative commodities given fluctuating market prices. With a forward-thinking mentality, Australian risk-takers are front in line to develop projects that will address the global need for lithium, graphite and cobalt in the era of the lithium battery. As global innovation leaders, WA is implementing the latest equipment, working hard to diminish human factor risks through wireless technologies and automation. Service providers are fighting a race against time to provide the best solutions for IoT, Big Data and Data Lake management. While consulting firms are developing the latest strategies to protect clients from cyber-security breaches.

With a strong international focus, WA companies continue to explore new frontiers, with renewed interests in West Africa and Latin America. New junior IPOs and capital from retail and super-annuation funds have entered the mining industry, alluding to a positive outlook for the sector. Though the current political global climate might soften Chinese investments in-country, Europe and Japanese conglomerates maintain a strong interest in WA. With a strong regulatory framework, that can sometimes feel over-regulated, the state remains a safe and wise place to invest for the longer term.

RELATED INTERVIEWS MORE INTERVIEWS

Venus Metals has a varied portfolio of different mineral deposits and is currently concentrating on meeting growing demand for the minerals required by batteries.
Independence Group outlines its current projects in Western Australia and its plans going forwards.
PCF Capital Group describes the investment trends currently affecting the Australian mining industry.
Novo Resources, based in Vacouver, is developing Gold assets in Australia, set to begin construction at Beatons Creek in 2018.

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MACIG

"We plan to double our copper production by the end of the decade. There remains significant upside potential in the gold industry, and the copper operations are strategic and additive to that."

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