MATHEW HODGE | Australian Mining
"Australia’s mining industry is a pillar of the Australian economy, with the country being one of the world’s largest exporters of coal, iron ore, bauxite, alumina, and many other resources. The gross value added by the mining industry was in the hundreds of billions of Australian dollars in the past decade alone. The real gross value added of the mining industry accounted for over 10 percent of the total gross value added in Australia, making it one of the largest economic industries in the country. Over 180 thousand people were employed in the Australian mining industry. Historically, several mining booms have increased investment in mining, leading to higher incomes from mining activities and more immigration to Australia." - Mining industry in Australia - statistics & facts | Statista
Matthew Hodge is the Director of Equity Research for Morningstar Australasia. He is a mining analyst who started out working in the mining industry. I've been looking for a while to find someone to give us a sensible overview of the Australian Mining Industry.
Here's a recent video from Mathew going over the latest reporting season.
Mathew makes some interesting points around the demand for minerals in the future like lithium and copper, how long coal will be hanging around for, and whether there is anything that will compensate the big miners to the same extent as iron ore:
TRANSCRIPT FOLLOWS AFTER THIS BRIEF MESSAGE
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