Mining export revenue in Australia totalled A$455 billion (US$298.64 billion) in the financial year 2022-23, according to the Australia Bureau of Statistics.
This is a 10.5% increase on 2021-22, which was the previous record.
- coal (thermal and metallurgical) export revenue totalled $128 billion
- iron ore, $125 billion
- gold, $27.4 billion
- aluminium, $14.9 billion
- copper, $12.5 billion
Over the decade, the total contribution of minerals, metals and energy commodities to export revenue totalled $2.7 trillion.
The growth comes as Australia works to pivot it’s mining industry towards the US.