1. China Mining 2012 Uncovering Australia’s mineral resource potential: Hidden treasures Andy Barnicoat Chief, Minerals and Natural Hazards Division, Geoscience Australia 4 th November 2012

2. China Mining 2012 China’s imports of coal: volume share by country Australia is second largest supplier of coal (thermal and metallurgical) to China, with 22% share

3. China Mining 2012 China’s imports of iron ore: volume share by country Australia is the largest supplier of iron ore to China AUSTRALIA

4. China Mining 2012 $43.9b$109.5b $34.1b$69.7b Mineral resources Energy (incl. coal) 6.8% 39.3% 2.1% 12.9% Australia’s mineral and energy export markets: China’s growth Source: Bureau of Resources and Energy Economics, 2012

5. China Mining 2012 Australian minerals and energy commodities production Energy Minerals

6. China Mining 2012 Australian energy and minerals export earnings Energy Minerals

7. China Mining 2012 Australia’s mineral and energy resource investments: value in $AUD

8. China Mining 2012 Australian resources growth 1977-2010, and world rankings Commodity Total production Growth in resources cf. production * Resources # World ranking Iron ore5,000 Mt6.8x2 Black coal8,000 Mt22x5 Gold6,000 t3.2x1 Copper16 Mt8.3x3 Nickel5 Mt9.4x1 Zinc31 Mt2.2x1 Sources: Resources - Geoscience Australia; Production - Australian Bureau of Agricultural and Resource Economics * All categories:- Measured + Indicated + Inferred Resources # Economic Demonstrated Resources (EDR)

9. China Mining 2012 see next image Source: Australian Bureau of Statistics Australian mineral exploration expenditure to June 2011 Exploration spending (A$ million, 2010-11 $)

10. China Mining 2012 Is Australia ‘mature’ for mineral exploration? NO! (greyscale, 0.5 vertical derivative) draped on simplified surface geology (coloured areas), and major mineral deposits (coloured circles)

11. China Mining 2012 Mineral deposit discoveries: Australia vs the World

12. China Mining 2012 Australia’s commodity inventory

13. China Mining 2012 1:1m Surface Geology National datasets to support exploration Geoscience Australia is a federal government agency, delivering fundamental national & regional datasets to reduce risk in exploration targeting Gravity Radiometrics Magnetics Data from State/NT Geological Surveys and GA

14. China Mining 2012 Australian exploration projects Number of exploration projects by stage of development

15. China Mining 2012 Australia: More to discover downunder! Geological potential is high –Many opportunities; proven record of discovery; wide range of commodities Supportive governments –State/NT exploration incentive schemes –National and State/NT free digital data –Partnerships with investors Low sovereign risk –Australia is 7 th lowest risk in World

16. China Mining 2012 For more information, and free national and regional geoscientific datasets, visit: Australia stand (in the Exhibition) www.ga.gov.au/minerals www.geoscience.gov.au/ Australia: More to discover downunder!