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.
Download the resource statistics factsheet PDF (571.4 KB).
Contribution to NT economy
- Value of mining sector in the Territory: $8.1 billion
- Gross State Product: 28%
- Direct jobs: 4093
- Royalties paid: $209 million
Minerals
- Value of Mineral Production: $4.32 billion
- Operating mines: 7
- Developing projects: 20
- Projected capex: $6.9 billion
- Projected construction jobs: 4500
- Projected operational jobs: 3500
- Mineral exploration expenditure: $227.4 million
- Mineral tenure:
- Exploration leases (EL) at 1 Jan 2024: 1077 (down from 1083 on 1 Jan 2023)
- EL granted coverage NT: 22.6%
- EL under application at 1 Jan 2024: 701
- EL under application coverage NT: 21.8%
- EL applications received (2023): 178 (down from 202 in 2023)
- EL applications granted (2023): 107 (down from 192 in 2023)
Petroleum
- Onshore petroleum production: 13.71 Bcf Gas and 0.12 MMbbl Oil
- Petroleum Exploration expenditure: $84.6 million
- Onshore gas contingent resources: 6512 Bcsf
- Petroleum tenure:
- Exploration permits (EP): 37
- 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) | not released | $8.1 billion | $5.74 billion ($9.9 billion re-based) | $5.1 billion |
GSP (mining only) | not released | 28% | 22% (31% re-based) | 20% |
Direct jobs (mining only) | not released | 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 | $227.4 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: