The Territory is rich in mineral and energy commodities and has a long history as a supplier resources to world markets.
The economically strong minerals sector provides a wealth of opportunity, with the mining sector valued at AU$6.45 billion and contributed over 24% of the Territory economic output in 2020-21. The Territory’s mineral industry produced $4.28 billion worth of commodities in 2020-21, the third highest figure on record.
The mining industry is valued at >AU$6.45 billion
The Territory is mineral rich with large underexplored areas providing tremendous opportunities for mineral discoveries in a stable, safe and secure jurisdiction. Featuring world-class resource endowments and some of Australia’s largest deposits in non-ferrous metals (zinc, copper, lead, tungsten), battery and high-technology minerals (lithium, rare earths and vanadium), fertiliser commodities (phosphate and potash), gold and uranium.
Resourcing the Territory (2018-2022), the largest geoscience initiative ever undertaken by the government, supports resources exploration in the Territory and is designed to strategically position the Territory as the preferred destination for minerals and energy investment.
The NT Government also provides high quality, free of charge geoscience information and data, and facilitation assistance with regulatory processes.
The Territory offers high quality and modern infrastructure, including a well-equipped bulk commodity port with direct connection to a freight railway corridor running the length of the Territory, and a network of natural gas pipelines. The Port of Darwin boasts the shortest shipping routes to East Asia compared to any other Australian bulk commodity port.
Industrial land availability providing the opportunity to refine bulk materials close to market paired with easy commuting distance for a residential workforce to host downstream processing and manufacturing.
Significant opportunities to invest in minerals production exist with a major focus on facilitating partnership with junior and mid-tier explorers across the commodities.
Potential investment scenarios include:
- equity investments
- project finance
- joint ventures and
- farm-in arrangements.
The Territory is a significant minerals producing jurisdiction with:
- six major mines currently operational, with a seventh under construction
- the world’s largest manganese mine at Groote Eylandt, supplying 15% of world demand
- one of the largest deposits of zinc-lead in the world at McArthur River Mine
- 30% of Australia’s total known uranium reserves
- strong and well established export relations with China, Korea, Japan and India.