According to GlobalData, Australia is the world’s fifth-largest producer of nickel in 2023, with output up by 3% on 2022. Over the five years to 2022, production from Australia decreased by a CAGR of 0.89% and is expected to rise by a CAGR of 3% between 2023 and 2027. GlobalData uses proprietary data and analytics to provide a complete picture of this market in its Global Nickel Mining to 2030 report. Buy the report here.
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Australia accounts for 5% of global production, with the largest producers being Indonesia, the Philippines, Russia and New Caledonia. Exports of nickel from Australia increased by 10% in 2023 over 2022. Australia’s nickel exports are expected to grow at a CAGR of 5.44% between 2023 and 2027.
Leading producers of nickel in Australia are BHP, Glencore and First Quantum Minerals. During 2020-2021, BHP's output was down by 8%, Glencore's output increased by 5%, while output from First Quantum Minerals increased by 28%.
For more detailed analysis of global nickel mining, buy the report here.
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