New South Wales Premier Chris Minns has issued a clear message to the global resources sector at the International Mining and Resources Conference (IMARC): NSW is open for investment and ready to power the world’s clean energy transition.
Opening Australia’s largest mining conference in Sydney, the Minns acknowledged that the state’s planning system had created duplication and red tape that was holding back projects, but committed to improving this as part of his pitch to investors to back NSW’s growing pipeline of critical minerals projects.
“Not only do we have experienced companies, the trained workforce, the stable democracy, the rule of law, we’ve also got the critical minerals sitting there to make a big difference: 21 of 31 on the critical minerals list, four out of five on the strategic minerals list, significant deposits of rare earths,” Minns said.
“New South Wales is absolutely open for business right now. We’ve got critical minerals and high-tech metal projects that are ready to go. They’ve completed their exploration and their planning approval, and they’re waiting for investment to start production.
“If we can get that capital on board, these projects will bring billions of dollars to New South Wales and make a major difference to the global economy.”
IMARC attracted a record number of attendees this year, bringing together more than 11,000 mining executives, operational staff, investors, government officials, diplomats and METS companies.
Source: IMARC