{"id":22761,"date":"2023-09-08T21:24:39","date_gmt":"2023-09-08T21:24:39","guid":{"rendered":"http:\/\/www.16news.com.au\/?p=22761"},"modified":"2023-09-08T21:24:39","modified_gmt":"2023-09-08T21:24:39","slug":"new-critical-minerals-strategy-to-promote-domestic-manufacturing-investment-and-net-zero-opportunities","status":"publish","type":"post","link":"http:\/\/www.16news.com.au\/index.php\/2023\/09\/08\/new-critical-minerals-strategy-to-promote-domestic-manufacturing-investment-and-net-zero-opportunities\/","title":{"rendered":"New critical minerals strategy to promote domestic manufacturing, investment and net zero opportunities"},"content":{"rendered":"\n<p>The NSW Government has announced consultations will begin as it develops a new Critical Minerals and High-Tech Metals Strategy.<\/p>\n\n\n\n<p>This strategy is a crucial document that provides the framework for the critical minerals and high-tech metals mining industry. The renewed strategy will provide certainty and direction for the industry as it continues to grow. It will include a sharper focus on domestic manufacturing, skills and training opportunities.<\/p>\n\n\n\n<p>Ensuring a stable supply of critical minerals and high-tech elements is necessary to translate the state\u2019s natural competitive advantage to economic growth and regional employment. Doing so will also safeguard the clean energy supply chain and sovereign capability.<\/p>\n\n\n\n<p>The consultation on the NSW Critical Minerals and High-Tech Metals Strategy will canvass new opportunities to:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Create more local jobs by encouraging domestic processing and manufacturing of products with significant critical minerals inputs like solar panels.<\/li><li>Develop skills and training opportunities in the workforce to reinforce the state\u2019s natural competitive advantages and the unique mix of deposits found in the state.<\/li><li>Further encourage greenfield critical minerals exploration across the state, including through the release of geological survey data.<\/li><li>Examine the economics of the industry and the best ways to leverage the government\u2019s purchasing power to ensure investment growth.<\/li><li>Create additional certainty for the industry and support NSW\u2019s strong environmental, social and corporate governance (ESG) position.<\/li><li>Attract investment for innovation, research and development in NSW.<\/li><li>Entrench NSW\u2019s role as a preferred supplier of critical minerals to global trading partners.<\/li><\/ul>\n\n\n\n<p>NSW has an abundance of critical minerals and high-tech metals, including 17 of the 26 nationally identified critical minerals.<\/p>\n\n\n\n<p>Resources like copper, silver and scandium are abundant in NSW and are crucial components in the products that will ensure NSW realises its goal of net zero emissions by 2050.<\/p>\n\n\n\n<p>Recognising the crucial role copper and silver play in electrification and decarbonisation, NSW will focus efforts on these commodities as part of the new strategy.<\/p>\n\n\n\n<p>The NSW Government will conduct a series of consultation meetings with key stakeholders, including mining companies, industry representatives, investors and workers.<\/p>\n\n\n\n<p>The consultation period will begin next week with submissions open until Friday 17 November 2023. The government will also host a stakeholder roundtable on the sidelines of the International Mining and Resources Conference (IMARC), which is being hosted in Sydney for the second time in October 2023.<\/p>\n\n\n\n<p>More information on the critical minerals consultation process will be available on the&nbsp;<a href=\"https:\/\/meg.resourcesregulator.nsw.gov.au\/\" target=\"_blank\" rel=\"noreferrer noopener\">Mining, Exploration and Geosciencelaunch<\/a>&nbsp;website from next week.<\/p>\n\n\n\n<p><strong>Minister for Natural Resources Courtney Houssos said:<\/strong><\/p>\n\n\n\n<p>\u201cI\u2019m excited by the opportunities created by critical minerals in NSW. The new strategy will ensure the state is able to best realise the gains of the next mining boom.<\/p>\n\n\n\n<p>\u201cNSW is uniquely positioned to support global supply of critical minerals with our diverse mix of critical mineral and high-tech metal deposits and capacity to promote domestic processing and manufacturing.<\/p>\n\n\n\n<p>\u201cWe will establish a clear framework on how the government can support the exploration and mining of critical minerals and high-tech metals in NSW.<\/p>\n\n\n\n<p>\u201cWe will consider how boosted skills and training opportunities throughout the state can drive the industry. Critical minerals mining requires a skilled labour force and that means more, high-paying jobs for people in regional NSW.<\/p>\n\n\n\n<p>\u201cOur ability to leverage the state\u2019s natural abundance of materials to create employment opportunities and economic growth will be the best measure of our success.\u201d<\/p>\n\n\n\n<p><strong>CEO of SunDrive solar technology company Vince Allen said:<\/strong><\/p>\n\n\n\n<p>\u201cNSW has the potential to become a world-leading manufacturer of products that leverage critical minerals and high-tech metals.<\/p>\n\n\n\n<p>\u201cWith our breakthrough solar technology, SunDrive believes Australia can become a renewable energy manufacturing superpower.<\/p>\n\n\n\n<p>\u201cBy building out a local solar manufacturing industry we can help shape the future of net zero for NSW, Australia, and the world.<\/p>\n\n\n\n<p>&#8220;Promoting a strong supply of critical minerals \u2013 like the copper at the core of SunDrive\u2019s technology \u2013 is crucial to realising this ambition.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The NSW Government has announced consultations will begin as it develops a new Critical Minerals and High-Tech Metals Strategy. This strategy is a crucial document that provides the framework for the critical minerals and high-tech metals mining industry. The renewed strategy will provide certainty and direction for the industry as it continues to grow. It &hellip; <a href=\"http:\/\/www.16news.com.au\/index.php\/2023\/09\/08\/new-critical-minerals-strategy-to-promote-domestic-manufacturing-investment-and-net-zero-opportunities\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;New critical minerals strategy to promote domestic manufacturing, investment and net zero opportunities&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-22761","post","type-post","status-publish","format-standard","hentry","category-nswnews"],"_links":{"self":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/22761","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/comments?post=22761"}],"version-history":[{"count":1,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/22761\/revisions"}],"predecessor-version":[{"id":22762,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/22761\/revisions\/22762"}],"wp:attachment":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/media?parent=22761"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/categories?post=22761"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/tags?post=22761"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}