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Australia self-sufficient in aluminium

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(Statement by Senator the Hon. Sir ■ '

- William Spooner, K.C.M.G., M.M. , .

‘ Minister for National Development.) ' . ·

The most significant- change in Australia's mineral

trade pattern for 1963, .will-be in al uranium, Australia has

been self-sufficient in production of aluminium since April

this year and since June, has been well in excess of domestic

requirements. .

. This is revealed in the latest issue of the Australian

..Md.nero.1 Indus Cry Quarterly Review (Vol. 15 No. 4, June, 1963).

The overall level of mineral exports in 1963, may

be expected to show a slight increase over 1962, with increased

domestic production of base metals and beachsand minerals the

predominant factor.

In the short term, 1963, may ohov/ a favourable minei-al

"trade- balance, the first since 1957· However, 1963, will

■probably be much more - significant in the long term because of the

developments in the lead, zinc, aluminium industries and in

iron ore.

The lead and zinc industry is still Australians '

major mineral export earner and the tendency towards stable and

realistic world prices evident in early 1963, at the same time

as resumption of full-scale production at Broken Hill, is a

welcome combination of circumstances. ~

Events in 1963, which are of even more significance,

for the future are the establishment of integrated- aiuminium

complexes and the very recent liberalisation of iron ore export

conditions.. . . ^Development of Australia's immense resources of

bauxite and iron ore is'the most"notable contribution the ’ ■ · .

mineral industry has to make to the export economy in the next

decade, . ■ ·


' · ’ The.Αυο-frr-dlian Mineral Industry Quarterly Review

is published, -"by the Bureau of Mineral Resources, under the

authority of the Minister for Rational Development. Sir

William Spooner. Copies are available from the Bureau of

Mineral Resources, Canberra; the Department of National

Development, Melbourne and Sydney; the State Controller,·

Department of Supply, Brisbane, Adelaide and Perth and through

Trade Commissioners and Australian Government representatives


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