METAL ORE MINING 2014-15


KEY DATA

		2013-14	2014-15	2013-14 to 2014-15
				%
Employment at end June	no.	64 804	65 035	0.4
Wages and salaries	$m	10 309	9 784	-5.1
Sales and service income	$m	109 544	103 234	-5.8
Total income	$m	108 701	^98 016	-9.8
Total expenses	$m	74 646	75 857	1.6
Operating profit before tax (OPBT)	$m	34 303	**20 787	-39.4
Earnings before interest, tax, depreciation and amortisation (EBITDA)	$m	48 286	42 948	-11.1
Industry value added (IVA)	$m	70 096	61 064	-12.9
^ estimate has a relative standard error of 10% to less than 25% and should be used with caution
** estimate has a relative standard error greater than 50% and is considered too unreliable for general use
Source: Mining Operations, Australia (cat. no. 8415.0)

Metal ore mining sales and service income decreased by 5.8% ($6.3b) to $103.2b, largely due to the decrease of 12.6% ($10b) in Iron ore mining. Falling sales were related to falling iron ore prices, with a 31.5% fall in the Metal ore mining Export Price Index between 2013-14 and 2014-15.

During 2014-15 total capital expenditure for the Metal ore mining industry was $18.5b, mainly comprising expenditure of $8.8b on dwellings, other buildings and structures and $8b on plant, machinery and equipment.