Each year, Geoscience Australia prepares the annual assessment of Australia’s mineral reserves and resources for all major, and some minor, commodities. This report draws on more than 40 years of data to reveal trends in reserve estimates, resource estimates and mine production over both short and long periods of time. It provides useful indicators of potential resource life and future supply capability.

The report also provides useful comparisons of resources at operating mines as proportions of the national inventory and insights into the distribution of Australia’s mineral wealth. It is also of interest to note Australia’s position as a global source of minerals as many countries are dependent on reliable supply from Australia for their own economies.

Ministers Forward:

“The 2024 edition of Australia’s Identified Mineral Resources (AIMR) highlights how Australia’s unique geology has positioned us to be a responsible and reliable supplier of minerals for future generations.

As we deepen our understanding of what lies beneath our feet, we are uncovering Australia’s abundant valuable minerals, including those the Australian Government has identified as critical minerals and strategic materials essential for a net-zero emission future.

AIMR2024 provides the evidence base and confidence in Australia’s mineral resource potential and unveils crucial trends in reserves, resources, and production.

This important publication will inform government and industry decision-making and assist in guiding future exploration and discovery to unlock our resources potential.”