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Researched by Industrial Info Resources Australia (Perth, Australia)--Some of South Australia's largest and most expensive planned projects can be found in the Metals & Minerals Industry. Of the 183 known developments that total $29.67 billion in investment value, nine of the 10 most expensive are in mining.
South Australia slightly edges out Victoria for both value and the total number of planned projects. Mining remains the most dominant industry in South Australia, not unlike other Australian states, and commands $17.09 billion in planned project spending. The Power Industry places second, with a total of $8.05 billion of planned spending on 59 projects.
The $2.22 billion, grassroot Mutooroo Magnetite Iron Ore Mine & Processing Plant is the largest South Australian mining project in Industrial Info's database. The joint venture between Minotaur Exploration Limited (ASX:MEP) (Adelaide, Australia) and Sumitomo Metal Mining Oceania Pty Limited confirmed earlier this year that it does not plan to continue with the project, and it is seeking potential buyers to offload the assets.
View Project Report - 300027547
South Australia is primed to complete a number of planned projects in the short term. According to Industrial Info's database, construction has begun on more than $451 million worth of projects, and another 20 projects worth $1.56 billion are in the engineering design phase. The highest-value project in the region is the grassroot Arckaringa Coal-to-Liquids Plant, which will cost Altona Energy Australia (Adelaide, Australia) $2.67 billion to develop. The company is awaiting permits and government approvals to move ahead with the development.
Industrial Info is following 119 projects in the early planning stages with a total investment value of $27.65 billion. One of the state's most promising planned developments is the grassroot Central Eyre Iron Ore Mine and Processing Plant, which aims to produce 21.5 million tonnes of magnetite concentrate per year.
View Project Report - 200005241
Industrial Info also has confirmed $699 million in project spending in South Australia's Oil & Gas Production Industry, and another $662 million of planned spending in the Industrial Manufacturing Industry.
Exports Could See Growth
In the first quarter of 2014, the Department of Foreign Affairs (DFAT) published its annual report, "Australia's Trade by State and Territory." South Australia reported $1.87 billion in combined mineral exports. Exports of iron ore made up $834 million of the total, with copper ore contributing $801 million. These export values may increase over time, as large iron ore projects become operational.
Having been Australia's largest export market for some time, it is not surprising that China also is the state's biggest export market for combined goods. More than $1.8 billion of goods was exported from South Australia to China in 2013, according to the DFAT publication. China received $817 million in iron ores and concentrates, and $212 million in copper for the year. China also received $68.55 million in meat products, excluding beef.
The U.S. and India make up South Australia's second- and third-largest export markets, respectively, with the U.S. receiving $870.62 million in export products from the state and India receiving $584.41 million. Of India's total, $392.46 million is made up of copper ore and concentrates.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, three offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities.
South Australia slightly edges out Victoria for both value and the total number of planned projects. Mining remains the most dominant industry in South Australia, not unlike other Australian states, and commands $17.09 billion in planned project spending. The Power Industry places second, with a total of $8.05 billion of planned spending on 59 projects.
The $2.22 billion, grassroot Mutooroo Magnetite Iron Ore Mine & Processing Plant is the largest South Australian mining project in Industrial Info's database. The joint venture between Minotaur Exploration Limited (ASX:MEP) (Adelaide, Australia) and Sumitomo Metal Mining Oceania Pty Limited confirmed earlier this year that it does not plan to continue with the project, and it is seeking potential buyers to offload the assets.
View Project Report - 300027547
South Australia is primed to complete a number of planned projects in the short term. According to Industrial Info's database, construction has begun on more than $451 million worth of projects, and another 20 projects worth $1.56 billion are in the engineering design phase. The highest-value project in the region is the grassroot Arckaringa Coal-to-Liquids Plant, which will cost Altona Energy Australia (Adelaide, Australia) $2.67 billion to develop. The company is awaiting permits and government approvals to move ahead with the development.
Industrial Info is following 119 projects in the early planning stages with a total investment value of $27.65 billion. One of the state's most promising planned developments is the grassroot Central Eyre Iron Ore Mine and Processing Plant, which aims to produce 21.5 million tonnes of magnetite concentrate per year.
View Project Report - 200005241
Industrial Info also has confirmed $699 million in project spending in South Australia's Oil & Gas Production Industry, and another $662 million of planned spending in the Industrial Manufacturing Industry.
Exports Could See Growth
In the first quarter of 2014, the Department of Foreign Affairs (DFAT) published its annual report, "Australia's Trade by State and Territory." South Australia reported $1.87 billion in combined mineral exports. Exports of iron ore made up $834 million of the total, with copper ore contributing $801 million. These export values may increase over time, as large iron ore projects become operational.
Having been Australia's largest export market for some time, it is not surprising that China also is the state's biggest export market for combined goods. More than $1.8 billion of goods was exported from South Australia to China in 2013, according to the DFAT publication. China received $817 million in iron ores and concentrates, and $212 million in copper for the year. China also received $68.55 million in meat products, excluding beef.
The U.S. and India make up South Australia's second- and third-largest export markets, respectively, with the U.S. receiving $870.62 million in export products from the state and India receiving $584.41 million. Of India's total, $392.46 million is made up of copper ore and concentrates.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, three offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities.
