Australia’s mining industry is poised for steady growth until 2030, supported by a strong resource base and new projects. Iron ore production is expected to increase to 1.11 million tonnes, while gold output is forecasted to rise to 13.2 million ounces. Lithium, uranium, and bauxite production are also set to grow.

Despite challenges, coal production is projected to slightly increase by 2030. Silver output will stabilize, while lead, zinc, and manganese production are expected to decline due to mine closures and operational challenges. Overall, Australia’s mining sector is gearing up for growth, with various commodities showing different trends.

Read more at Yahoo Finance: Australia’s mining sector strengthens toward 2030