MINERALS and energy production and export capacity is tipped to rise with a record number of projects planned throughout Australia.
According to the Australian Bureau of Agriculture and Resource Economics, there are 207 major projects across most minerals and energy commodities, comprising 73 advanced projects and 65 new projects.
There were also 134 less advanced projects identified. ABARE said it was a record number of advanced projects and, at $24.3 billion, the total value of these advanced projects was also a record.
The advanced projects have a slight weighting towards the energy sector, while there is also strong investment interest in alumina, iron ore, gold and nickel projects.