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Mining in Australia has long been a significant primary sector industry and contributor to the Australian economy by providing export income, royalty payments and employment. Historically, mining booms have also encouraged population growth via immigration to Australia , particularly the gold rushes of the 1850s.
The coal industry claims that extensive rehabilitation of areas mined helps to ensure that land capability, after coal mining, meets agreed and appropriate standards. [ 61 ] [ 62 ] It is estimated that air pollution from coal-fired power stations in Australia is responsible for 785 premature deaths each year.
For a brief period in 1980, MIM was Australia's largest company. It has pioneered several significant mining industry innovations, including the Isa Process copper refining technology, the Isasmelt smelting technology, and the IsaMill fine grinding technology, and it also commercialized the Jameson Cell column flotation technology.
In January 2022, BHP relinquished its London Stock Exchange listing, becoming a solely Australian Securities Exchange-listed company. As of 2022, BHP is the largest company in Australia, [6] and the largest mining company in the world, both as measured by market capitalization. [7] In 2023, the company's position in the Forbes Global 2000 was ...
Australia's largest export markets are Japan, China, South Korea, India and the United States. [81] At the turn of the current century, Australia experienced a significant mining boom. The mining sector's contribution to overall GDP grew from around 4.5% in 1993–94, to almost 8% in 2006–07.
Click to skip ahead and jump to the 5 biggest mining companies in the world. It may not be the flashiest of industries or the most popular, but it is easily one of the most integral industries in ...
View history; Tools. Tools. move to sidebar hide. Actions ... This is a list of the largest mining companies in terms of revenue ... Australia: 4: Rio Tinto: 50.55 ...
History Today (June 1968), Vol. 18 Issue 6, pp 406–414 online. Covers transportation 1788 to 1920, regarding ships, bullock drays, concord coaches, camels, railways, buggies, horse bucks, trams, and automobiles. Ville, Simon and Glenn Withers, eds. The Cambridge Economic History of Australia (Cambridge University Press, 2015).