Total capital expenditure for the Tasmanian mining industry in 1999-2000 was $57.2m, some 93.4% of which was on plant, machinery and equipment.
Capital expenditure reflects the needs of individual operations at the time. In 1999-2000, major drivers included the need for new equipment (e.g. loaders, mine light vehicles) and development needed to bring new areas for mining into production (e.g. access development, mining construction).
After disposal of assets, net capital expenditure was $34.4m in 1999-2000.
FIXED CAPITAL EXPENDITURE, Coal Mining and Metal Ore Mining, Tasmania(a)
|Capital expenditure on |
|- Dwellings, buildings and other structures|
|- Plant, machinery and equipment|
|Disposal of assets|
|Net capital expenditure|
- nil or rounded to zero
(a) Relates to establishments.
Source: Mining Operations, Australia (Cat. no. 8415.0).