Western Australia’s mineral and petroleum industry again topped $100 billion in 2011-12 to reach just over $106 billion

Western Australia continues to power along the Australian economy with mineral and petroleum industry again topping $100 bn in 2011–12, to reach just over $106 bn. This represents an increase of 4.4 per cent over the previous financial year, and is only slightly less than the record set in any one year, being the $107 bn reached in the 2011 calendar year. This achievement is remarkable, particularly when considering the negative impact on commodity prices resulting from the continuing strength of the Australian dollar, which maintained an average exchange rate in excess of US$1 over this period.

Click here for more details from the Western Australian Department of Mines and Petroleum.

Platinum Partners
Industry Partners

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