10 . PEABODY ENERGY
TOP 10
MINING IS THE lifeblood of Australia . It is among the biggest aides to the economy , as it brings in billions of dollars of export income and creates jobs for over 220,000 Aussies ( or about 2.2 per cent of the country ’ s labour force ). It also has encouraged immigration to “ The Land Down Under ” as several different ores and minerals are mined throughout the great nation .
Some of the biggest exports include iron ore , nickel , aluminum , gold , uranium , opal , zinc and coal , as the mining industry has been looked at as the savior of the Australian economy . According to the Australian Bureau of Statistics and the Department of Industry and Science , earnings from minerals and energy exports reached AUD $ 195 billion last year alone . Iron ore brought in AUD $ 74.67 billion , while coal was second at AUD $ 39.96 billion and LNG came in third at AUD $ 16.31 billion .
Although many predict that increases in supply by foreign countries , along with slower demand , may lead to a decrease in export profits over the next year , it ’ s still a booming business in Australia . Below is a list of the top 10 highest
revenue earning mining companies in Australia .
10 . PEABODY ENERGY
The world ’ s largest private-sector coal company and a global leader in sustainable mining and clean coal solutions , Peabody serves highgrowth markets in 25 countries . It is the only global pure-play coal investment , and has mining operations in both Queensland and New South Wales . In 2014 , Peabody ’ s Australian operations achieved total sales of 249.8 million tonnes of coal through sales , trading and brokerage activities in 2014 across six continents , mainly to steel producers around the world in addition to electricity generators in Australia and Asia .
24 June 2015