Australia

Australia is an independent state that acquires its wealth through its large timber, iron, copper, and coal reserves. They have an abundant gold supply worldwide. Offshore, this nation possesses a vast and enormous resource of natural gas that it shares with Indonesia. Australia is home to natural resources worth an estimated $19.9 trillion, including coal, wood, copper, iron ore, gold, and uranium. Australia is a major producer of oil and liquefied natural gas while being just around 80% the size of the United States. At the end of 2021, it had 2.4 billion barrels of proven oil reserves.

With 29% of the world's coal exports, the nation is also the greatest net coal exporter. Alumina, iron ore, copper, tin, gold, silver, uranium, nickel, tungsten, rare earth elements, mineral sands, lead, zinc, and diamonds are some of its additional natural resources. Due to its diversified topography, Australia has a diverse mining industry, with gold, coal, natural gas, petroleum, and iron ore accounting for the majority of its industrial output.