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Gas & Oil

Future jobs in oil and gas will be a focus of a Collaboration Forum to be held at the Australasian Oil and Gas (AOG) Conference and Exhibition 2019, with sessions seeking to identify new long-term job opportunities focused on servicing, maintaining and improving existing oil and gas operations.

Iron Ore

Australia’s mineral exploration expenditure was $2 billion in 2017–18, up from $1.6 billion in 2016–17. WA contributed $1.2 billion (61 per cent) of this spend with the gold and iron ore sectors attracting the largest shares. Gold exploration expenditure in WA continued to increase from $509.5 million in 2016–17 to $591.5 million in 2017–18. Iron ore exploration decreased, but only marginally from $281.6 million in 2016–17 to $274.1 million in 2017–18..

Lithium

Western Australia’s two newest lithium mines are hard at work in the State’s far-north Pilbara region. Pilbara Minerals’ lithium-tantalum project at Pilgangoora, 120km south of Port Hedland, was officially opened by Mines and Petroleum Minister Bill Johnston, bringing the number of operating lithium mines in WA to seven.

• Western Australia has a significant proportion of global battery minerals, including lithium (9%), cobalt (17%), nickel (25%), alumina (20%), manganese (14%), vanadium (9.5%), and non-battery minerals used in the manufacturing of electric vehicles and energy storage systems, such as rare earths.

• Western Australia is the largest single producer of lithium worldwide, accounting for 42% of lithium production in 2017.

• Three of the world’s four largest producers of lithium are developing downstream processing projects to produce lithium hydroxide, lithium carbonate, and nickel sulphate in Western Australia: Tianqi (China), Albermarle (US) and SQM (Chile).

• The State Government manages 12 Strategic Industrial Areas (SIAs) and leases land and utilities for strategic industry proponents.





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