Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

The Australian mineral industry has withstood the COVID-19 crisis and maintained operations throughout the pandemic thanks to its pre-existing safety culture, according to the Minerals Council of Australia (MCA). 


Citing the Australian Bureau of Statistics, MCA added that the country’s investment in the mining industry rose by 18pc in 2019-20 to A$2.8bn ($2bn) over the previous annual period. Moreover, investment in new explorations is inevitable to boost the industry’s economy post-crisis, MCA said in a statement. 


The council stated that government support and funding for new geoscience programs will enhance the industry’s potential because there remain plenty of unexplored regions in the county. 

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