<Tr> <Th> Year </Th> <Td> </Td> </Tr> <P> Iron ore mining in Western Australia, in the financial year 2008 - 09, accounted for 47 percent of the total value of the state's resources, with a value of A $33.56 billion . The overall value of the mineral and petroleum industry in Western Australia was A $71.3 billion in 2008 - 09, a 19 percent increase compared to the previous financial year . </P> <P> Western Australia's iron ore output for 2011 was 474 million tonnes, 97% of Australian production . The bulk of Western Australian ore went to China, which imported 70 percent of 2010 production, followed by Japan with 19% and South Korea with 10% . The state has the world's largest Economic Demonstrated Resources of iron ore with 22% of the world's iron ore followed by Brazil with 17%, Russia with 15% and China with 14% . </P> <P> In the financial year 2015 - 2016, the Western Australian Government received over A $3.4 billion in royalties from the iron ore mining industry in the state . </P>

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