Moo learn: Investing in Australian mining companies

Australia is abundant in resources, ranking among the top producers of iron ore, lithium, gold, zinc, nickel, and cobalt.

The mining industry is a key pillar of the Australian economy, as well as the Aussie share market, contributing around 13.6% to the total GDP in 2023.

In 2023, eight Australian-based companies rank among the world's 40 largest mining companies by market capitalization, with BHP Group Limited and Rio Tinto Group leading the pack.