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Regional Overview: Australia
• Labour, consumables & energy costs were key to Australia’s costs
Labour and energy costs represent more than half of Diesel prices in CRU macro assumptions saw a record 45% inflation since 2021
Australia’s site costs Australia – selected unit prices, 2020-2024, $/unit
Australia – Site cost by driver, 2022, %
$/hr & $/MWh $/l
160 1.0
Royalties Costs 120 +45%
Labour Costs
Power Costs
Average Fuel Costs
Site Cost Explosives Costs 80 0.5
11,350 $/t Chemicals Costs
Grinding Media Cost
Consumables Costs 40 Labour
Maintenance Costs Power
Diesel
0.0
2020 2021 2022 2023 2024
Data: CRU 18
