South Australia's Strategic Plan is comprised of 100 targets. These targets are specific and measurable and enable us to measure our progress towards achieving the Plan's visions and goals.

Each target is reported on through this section of the website. Data has been updated as at December 2017.

Target:

42. Minerals production and processing:

Increase the value of minerals production and processing to $10 billion by 2020



Key Measure

 

Explanatory Comments

The value of minerals production and processing in South Australia was $4.67 billion in 2016-17.

The Mineral resources sector is essential to ongoing delivery of growth and diversity to South Australia’s economy and communities – particularly in those regions where mining underpins local business activities and jobs.

South Australia is well positioned for growth in Mineral Production and Processing as it continues to develop new mines, mine expansions, processing facilities and a pipeline of mineral projects.

The State continues to attract investment and is backed by:

  • significant mineral resources, and is a globally important producer of copper, uranium and zircon,
  • online availability of the world’s best geoscientific data through the South Australian Resources Information Geoserver (SARIG),
  • effective regulation for long term sector sustainability to deliver benefits for all.

 

Mineral Production (sub-target $8.5 billion by 2020)

In 2016-17, the value of mineral production was $4.17 billion.

Over the past year, prices for the State’s major commodity; copper have continued to rise.  Companies are now taking advantage of this to progress major developments including; Olympic Dam extension, Prominent Hill transition to underground and Carrapateena project development.

 

Mineral Processing (sub-target $1.5 billion by 2020)

In 2016-17, the value of mineral processing (off-site) was estimated to be $0.5 billion (subject to further updates). The value of minerals processing was affected by; the price of iron ore affecting the steel works at Whyalla, and the major upgrade at the Port Pirie lead smelter.

There are currently two major contributors to mineral processing in South Australia, which both had significant milestones in 2017 securing the long term future of Port Pirie and Whyalla.

  • GFG Alliance purchased the Whyalla Steelworks  — manufacturing steel from iron ore mined from the Middleback Ranges; and
  • Nyrstar’s significant $660 million transformation of the Port Pirie smelter—producing lead, zinc, copper, silver, gold and sulphuric acid from ore sourced from a variety of mines and recycle sources. 

Lead Agency

Department of the Premier and Cabinet