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Iron ore mining in Western Australia in the 2018–19 financial year accounted for 54 percent of the total value of the state s resource production with a value of A 78 2 billion The overall value of the minerals and petroleum industry in Western Australia was A 145 billion in 2018 19 a 26 percent increase on the previous financial year Western Australia s iron ore output for 2018–19

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Australia is the world s largest iron ore exporter and 2nd largest producer accounting for around a third of global production 1 Western Australia holds just over 90 of Australia s identified iron ore resources and has a reputation for producing consistently high concentrations of around 60

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