New South Wales Natural Resources Minister Courtney Housso has met with key stakeholders to discuss the NSW Government’s approach to its critical minerals and high-tech metals strategy.
The strategy intends to provide a framework for the critical minerals and high-tech metals mining industry with the aim of promoting domestic manufacturing, investment and net-zero opportunities.
It will consider new opportunities to encourage domestic processing and manufacturing, boost regional economies, develop skills and training, and safeguard NSW’s clean energy supply chain.
It was originally announced in September and is expected to be released in 2024.
The roundtable discussing the strategy consisted of more than 40 stakeholders from the sector such as mining company representatives, industry bodies and unions.
“It was great to hear the views of industry at the roundtable. The new strategy will provide certainty and stability for the sector as it embarks on a new period of growth,” Houssos said.
“We are collaborating closely with the industry and with unions to establish a clear framework to guide government action and support the critical minerals and high-tech metals sector in NSW.”
The strategy was also highlighted when Houssos gave the opening ministerial keynote address at the International Mining and Resources Conference (IMARC) last week.
“NSW has globally significant deposits of critical minerals and high-tech metals. Showcasing the state at IMARC is an opportunity to capitalise on their increasing global demand and drive investment to the state,” she said.
The roundtable follows the Federal Government’s $2 billion increase to the Critical Minerals Facility, rounding up its total to $4 billion.
Submissions on the new NSW critical minerals and high-tech metals strategy close on November 17.
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