PERTH – Western Australia's resources sector reported record sales of A$231-billion and the highest-ever employment figures in 2021/22, the state government announced on Wednesday.
The petroleum sector continued to recover following a downturn during the pandemic. Liquefied natural gas production was valued at an all-time high of A$38-billion and condensate production was valued at a record A$8.6-billion.Surging lithium prices drove the value of spodumene concentrate sales to a record A$6.8-billion, more than two-and-a-half times its previous record. Lithium was Western Australia's third highest mineral by sales value.
“Our exploration sector was about half of Australia's total exploration activity and it's now over 60% of national exploration activity here in Western Australia. And that includes A$241-million last year into nickel cobalt exploration,” Johnston said.
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