Western Australian Economy
The state is resource rich and has benefitted substantially from the recent growth in world demand for iron ore and coal. Currently, Western Australia supplies more than 45% of all Australian exports.
Extensive natural gas reserves ensure Western Australia will be an important source of energy well into the next century. The State supplies liquefied natural gas (LNG) to Japan, and is developing markets in Taiwan and Korea.
With more than 270 operating mines, Western Australia is a leading supplier of many commodities including alumina, diamonds, iron ore and mineral sands, – monazite; ilmenite; rutile/synruite and zircon.