Abstract: Zirconium is an important rare metal and is widely used in various industrial fields. Australia is the main producer of zirconium resources in the world. This article analyzes the development situation and future development trend of Australia's zirconium industry, and then analyzes the Australian zirconium industry policy. The analysis found that Australia has the world's largest zirconium production enterprise and advanced technology, and the development of the zirconium industry is in a good situation, which has a greater influence on the international zirconium market. In addition, Australia attaches great importance to the formulation and implementation of zirconium industry policies. These policies mainly include the zirconium industry exploration policy, investment policy and sustainable development policy. These industrial policies have played a greater role in improving the international competitive advantage of Australia's zirconium industry. Finally, on the basis of enlightenment analysis, the article puts forward three corresponding countermeasures and suggestions to promote the development of China's zirconium industry, namely, vigorously promote the investigation of zirconium resources and reserves, strive to improve the research of processing technology; strengthen the layout of overseas strategic minerals, and speed up the mining "going out" pace; build a full industrial chain of zirconium industry, promote the healthy development of China's zirconium industry, and so on.