Mining: company insolvencies in Australia
In Mining, 193 companies entered external administration in 2025-26, 1.4% of the year's total.
That was up 34.0% on 2024-25.
Source: ASIC, Australian insolvency statistics, Series 1, retrieved 26 Oct 2026. Grouped by industry and summarised by onestepright. No company is named. Series 1 to 4 Oct 2026, released 19 Oct 2026. Series 3.1 to 2024-25. Both change as ASIC publishes.
ASIC's statistics are not exhaustive. They are based on the information available to ASIC at the time of publication.
In 2024-25, administrators' reports in Mining most often named inadequate cash flow or high cash use (74.2%) and poor strategic management of business (58.4%).
- Inadequate cash flow or high cash use: 74.2%
- Poor strategic management of business: 58.4%
- Under capitalisation: 51.7%
- Trading losses: 44.9%
- Poor financial control including lack of records: 42.7%
- Other: 38.2%
- Poor economic conditions: 21.3%
- DOCA failed: 7.9%
- Dispute among directors: 6.7%
- Poor management of accounts receivable: 3.4%
- Business restructuring: 2.2%
- Fraud: 2.2%
- Natural disaster: 1.1%
- Industry restructuring: 0.0%
Source: ASIC, Australian insolvency statistics, Series 3.1, retrieved 26 Oct 2026. Grouped by industry and summarised by onestepright. No company is named. Series 1 to 4 Oct 2026, released 19 Oct 2026. Series 3.1 to 2024-25. Both change as ASIC publishes.
See business exits in Mining, every business that stopped trading, from ABS data.
ASIC does not operate, sponsor or endorse this site, and did not write this page. The grouping and the summaries are onestepright's.
Read ASIC's insolvency statistics (opens in a new window) in full.