Table 5: World Rankings

Table 5. World Rankings of Australia's mineral resources and production as at December 2017

Commodity World Ranking for Resources Share of World Resources World Ranking for Production Share of World Production
Antimony 4 9% 4 3%
Bauxite 2 20% 1 29%
Black Coal (recoverable) 4 10% 4 7%
Brown Coal (recoverable) 2 24% 6 7%
Chromium n.a. n.a. 0 0%
Cobalt 2 17% 3 5%
Copper 2 11% 5 4%
Diamond 5 4% 4 12%
Fluorine minor minor 0 0%
Gold 1 18% 2 9%
Graphite 7 3% 0 0%
Ilmenite 2 21% 2 15%
Iron Ore 1 28% 1 37%
Lead 1 41% 2 10%
Lithium 3 18% 1 47%
Magnesite 5 4% 7 2%
Manganese Ore 4 14% 3 15%
Molybdenum 6 1% 0 0%
Nickel 1 26% 6 9%
Niobium 2 5% 0 0%
Oil Shale n.a. n.a. 0 0%
Phosphate 10 2% minor minor
PGE minor minor minor minor
Potash 10 2% 0 0%
Rare Earths 6 3% 2 13%
Rutile 1 49% 1 37%
Silver 2 17% 6 4%
Tantalum 1 62% unknown unknown
Thorium 2 10% 0 0%
Tin 4 9% 7 3%
Tungsten 2 12% minor minor
Uranium 1 29% 3 9%
Vanadium 3 18% 0 0%
Zinc 1 29% 5 6%
Zircon 1 66% 2 24%

Abbreviations
n.a. = not applicable because Australia has no Economic Demonstrated Resources (EDR) of that particular commodity; PGE = platinum group elements (Pt, Pd, Os, Ir, Ru, Rh).

Notes
Minor = <1% of global economic resources and/or production, therefore Australia's ranking unable to be determined.
Unknown = production is known to have occurred during the year but quantities are not publicly available.
Rare earths comprise rare earth oxides (REO) and yttrium oxide (Y2O3).
World rankings determined by comparing Australia's EDR and production to economic resources and production reported for other countries, see sources below.

Sources
USGS (Mineral Commodity Summaries 2018), OECD Nuclear Energy Agency/International Atomic Energy Agency (The Red Book 2016), World Nuclear Association (World Uranium Mining Production, July 2018 update), Federal Institute for Geosciences and Natural Resources, Germany (Energy Study 2017), International Energy Agency (Coal Information 2018 Overview) and Geoscience Australia.