According to GlobalData, Australia is the world’s fifth-largest producer of silver in 2022, with output down by 0.3% on 2021. Over the five years to 2021, production from Australia increased by a CAGR of 4% and is expected to rise by a CAGR of 3% between 2022 and 2026. GlobalData uses proprietary data and analytics to provide a complete picture of this market in its Global Silver Mining to 2026 report. Buy the report here.
Australia accounts for 5% of global production, with the largest producers being Mexico, China, Peru and Chile.
Leading producers of silver in Australia are South32, Glencore, BHP and Evolution Mining. During 2020-2021, South32's output was up by 24%, Glencore's output decreased by 4%, while output from BHP increased by 9%.
For more detailed analysis of global silver mining, buy the report here.