Question

write about "is Australia mining industry always need for its economic prosperity?"

positive side
500~1000 words please

Answer 1

Overview of Australian Mining Indistries

Since the mid-19th century, the mining industry has been a significant contributor to the Australian economy. The value added by the mining industries was in the hundreds of billions of Australian dollars in the past decade alone. The real gross value added of the mining industries accounted for about 6.4 percent of the total gross value added in Australia, making it one of the largest economic industries in the country. Over 130 thousand people were employed in the Australia mining Industries. Historically, several mining booms have increased investment in mining, leading to higher incomes from mining activities and more immigration to Australia.

Contribution of Australia resources toward economy prosperity/Positive foots towards Economic development

Since being appointed Minister for Resources, Energy and Northern Australia I have:

Met with many of my international counterparts at the G20 Energy Ministers’ meeting in Turkey and also at the APEC Energy ministers’ meeting in the Philippines;

Travelled to Japan to hold discussions with government Ministers, officials and senior business leaders with significant investments in Australia; and Undertaken numerous site visits across Western Australia, Queensland and the Northern Territory.

The national significance of the sector;

• The importance of building on Australia’s strong international reputation as a reliable energy and commodity supplier and attractive place to invest; and

• The wonderful optimism and resilience of people working in the sector –particularly those living in regional mining communities.

• From 2003 to 2014, over $400 billion of resources projects were initiated in Australia.

• Mining contributes about 8 per cent to Australia’s GDP and around 60 per cent of exports.

• In the last financial year, export earnings from resource and energy commodities totalled $174 billion.

• Australia is the world’s largest exporter of iron ore, accounting for 53 per cent of world trade in 2014.

• Australia is also the second largest exporter of coal, our leading energy export.

• Australia is also a major exporter of aluminium, copper, gold, uranium and zinc.

• One of the great benefits of having such a strong mining industry is the job creation it facilitates.

• Mining directly employs more than 200,000 people in Australia, with many more people benefiting indirectly, and is particularly important to the economic and social wellbeing of our regional and Indigenous communities.

• In addition to creating much–needed high skilled and high paid jobs for regional Australians, it helps build careers and ensures more young people stay in regional communities.

• It also supports regional economic activity, including supporting local small businesses through sourcing supplies locally.

• Mining offers significant employment opportunities to Indigenous populations and has been at the forefront in the recognition of Indigenous Australians’ rights and special connections to land and waters.

• Taxes and royalties from mining are a major source of income for the national, state and territory governments, with approximately $25 billion in taxes and royalties received in the 2013-2014 financial year.

• They help us deliver infrastructure and services to our communities, including roads, schools and hospitals.

And beyond our shores, Australia’s resource and energy commodities are supporting the development of nations in the Asia–Pacific region.

Conclusion

Australia’s world class resource base and expertise in exploration, mining and processing are a great asset for the nation.

They’re also important for the development of countries in the Asia–Pacific region.

Australia remains well placed to meet the growing global demand for many resources and energy products driven by the continuing industrialisation of these countries.

As commodity markets adjust, we’re preparing for a new wave of investment in exploration and mining.

It remains the Government’s priority that Australia continue to have an investment-friendly environment that facilitates business and your industry’s success.