According to GlobalData, Australia is the world’s fifth-largest producer of nickel, with output of 159kt in 2022, up by 6% on 2021. Over the five years to 2021, production from Australia decreased by a CAGR of 5.03% and is expected to rise by a CAGR of 10% between 2022 and 2026. GlobalData uses proprietary data and analytics to provide a complete picture of this market in its Global Nickel Mining to 2026 report. Buy the report here.
Australia accounts for 6% of global production, with the other largest producers being Indonesia (39%), the Philippines (12%), Russia (8%) and New Caledonia (7%). Exports of nickel from Australia increased by 5% to 228kt in 2022 over 2021, with the highest share being exported to China. Australia’s nickel exports are expected to grow at a CAGR of 9% between 2022 and 2026, to 317kt by 2026.
Leading producers of nickel in Australia are BHP and Glencore. BHP's output was 82.10kt in 2021, down by 10% on 2020. Glencore produced 33.79kt, a decrease of 7% on the previous year.
For more detailed analysis of global nickel mining, buy the report here.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Commodity Analyzer tracks production, consumption, imports and exports of 17 key commodities across 60 countries, whilst its Mines & Projects Database tracks over 30,000 mines and projects with 200+ data fields for each, including production, operating costs, equipment and key mine-site contacts.
