Western Australia’s powerhouse resources sector delivered a strong performance in the 2024–25 financial year, recording total sales of $220 billion despite challenging global market conditions.
New government figures reveal the sector’s resilience, supported by robust employment and record sales across several key commodities.
“It’s encouraging to see mining and petroleum employment remain resilient, supporting economic growth in our regional communities and across the state,” WeA Mines and Petroleum Minister David Michael said.
“The billions invested in projects committed and under construction, combined with WA’s long history of excellence, reaffirm our status as a reliable business partner and global investment destination.”
Iron ore remained WA’s economic anchor, generating $122 billion in sales from near-record output. The gold sector was also key, achieving an all-time high in sales of $29 billion, driven by high global prices and slightly increased output.
Liquefied natural gas (LNG) production was also robust, with sales valued at $36 billion, ranking among the highest for any financial year.
These results were partly offset by weaker market conditions, with lithium sales falling to $4.3 billion and nickel sales at their lowest in over 20 years at $2.1 billion. The industry supported 134,009 on-site full-time equivalent mining positions, according to a government report.
