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Task 2

 
 

Now that you have found how much of each resource is required to produce your selected item, try to answer the following:

  1. Does Australia have enough of each of these resources:
  1. for itself?
  2. for the rest of the world?

Give answers for both the short term and the long term future.

  1. Research the extent to which Australia processes and value adds to each of the resources mentioned.
  2. Is there a need to find more of these resources in future?

 For some answers refer to
ABARE - Australian Mineral and Energy Statistics

and open the latest Australian Commodity Statistics site.