Western Australia Ranked Most Attractive Place in World for Mining Investment

The pit at Citic Pacific Mining's Sino Iron magnetite iron ore project in the Pilbara region of Western Australia on March 5, 2010. AMY COOPES/AFP via Getty Images

The Australian state of Western Australia (WA) has been ranked the top jurisdiction in the world for mining investment based on investment attractiveness, an annual survey has found.

The resource-rich state moved up from the fourth place in 2020, pipping Saskatchewan, Canada (second) and Nevada, U.S.A. (third) in the Fraser Institute’s 2021 Annual Survey of Mining Companies, which was published on Tuesday.