Construction Boom

Construction Boom Advanced Projects in 2012 The Australian resources industry has 98 projects currently under or about to start construction with a record value of $26.8 billion in capital expenditure. More than 60,000 additional jobs willI be created as a result of these projects, both in the construction phase and for ongoing operations Construction Projects by State Victoria (2.0%) Queensland (29.6%) $26.8 billion - New South Wales (18.4%) 98 total projects Northern Territory (5.1%) Tasmanla (1.0%) Record value of advanced projects is due to Ichthys LNG project, Great Western Flank and Nammuldi iron ore mine expansion. South Australla (2.0%) Western Australla (41.8%) Western Australia and Queensland power the resources projects but nearly every state benefits from the boom. New Job Creation A $5 billion increase in Curtis Island project contributed to growth in value of projects. 78% Construction Jobs Expenditure by Sector Energy Projects Minerals Projects Infrastructure Projects 76% 14% 9% Port, rail and gas pipalines lead the infrastructure Despite it being called a 'mining' boom, LNG projects dominate the capital expenditure for new projects. Iron ore is the king of the m inerals projects with $25.7 billion in cap tial expenditure, mostofitin Wes tem Australia. proects. 11 of the 19 projects are ralated to coal. ACUTE SKILLS SHORTAGES Steel Wokere By State Concreters Carpenters & Johem Crane. LIt & Holst Operators Western Australia Motor Mechanics Eectriclans We lde re -Queensland Fmers 12 16 20 24 28 32 36 No. of Months with less than 50% Availability www.miningoilandgasjobs.com Sources: Bureau of Resources and Energy Economics Mining and Industry Major Projects Report, April 2012 Mining Industry Major Projects-Projects Listing http://bree.gov.au/data/resources/mining-major-projects2012.html Pit Crew Labour Market Report