Snapshot of the Territory's resource industry
Resource statistics are compiled from Department of Mining and Energy, Treasury and Australia Bureau of Statistics. They highlight a thriving industry contributing significantly to the economy of the Northern Territory.
Contribution to NT economy
- Value of mining sector in the Territory: $10.2 billion
- Gross State Product: ~29%
- Direct jobs: 4060
- Royalties paid: $209 million
Minerals
- Value of Mineral Production: $4.32 billion
- Operating mines: 8
- Developing projects: 19
- Projected capex: $6 billion
- Projected construction jobs: 4500
- Projected operational jobs: 4500
- Mineral exploration expenditure: $176 million
- Mineral tenure:
- Exploration leases (EL) at 1 Jan 2025: 1034 (down from 1077 on 1 Jan 2024)
- EL granted coverage NT: 20.32%
- EL under application at 1 Jan 2025: 737
- EL under application coverage NT: 22.34%
- EL applications received (2024): 185 (up from 178 in 2023)
- EL applications granted (2024): 96 (down from 107 in 2023)
Petroleum
- Onshore petroleum production: 11.66 Bcf Gas and 0.115 MMbbl Oil
- Petroleum Exploration expenditure: $369.7 million
- Onshore gas contingent resources: 6512 Bcsf
- Petroleum tenure:
- Exploration permits (EP): 36
- Retention licences: 3
- Production licences: 5
- Pipeline licences: 29
Record of comparable figures
Statistic | 2023-24 | 2022-23 | 2021-22 | 2020-21 |
---|---|---|---|---|
Value of mining sector (mining only) | $10.2 billion | $8.1 billion | $5.74 billion ($9.9 billion re-based) | $5.1 billion |
GSP (mining only) | 29% | 28% | 22% (31% re-based) | 20% |
Direct jobs (mining only) | 4060 | 4093 | 3500 (Deloitte 2019-20) | 3070 |
Royalties (budget papers estimate) | $209 million | not released | $353 million | $344 million |
Value of mineral production | $4.32 billion | $4.38 billion | $4.86 billion | $4.28 billion |
Mineral exploration expenditure | $228.6 million | $200.1 million | $171.5 million | $128.3 million |
Onshore gas contingent resources | not released | 6512 Bcsf gas | 8957 Bcsf gas | 7933 Bcsf gas |
Rebase figures explained by ABS:
Download the resource statistics factsheet PDF (571.4 KB).