Energy and mining opportunities in South Australia

Australian Institute of Geoscientists > News > Energy and mining opportunities in South Australia

Consultation paper released for comment

The South Australian government has initiated Growth State – Our Plan for Prosperity recognising we need to do things differently to create an environment that is conducive to economic growth and a more sustainable, prosperous future for South Australians.

Carefully designed to leverage South Australia’s competitive advantages, Growth State is a work plan to promote industry growth by responding to the needs of business and industries.

At its heart, Growth State articulates what government is doing, informed by what industry needs.

Growth State is a coordinated government commitment to real, concrete actions and deliverables.

Removing barriers, clearing paths, facilitating, and aggregating, Growth State will be instrumental in focusing government resources and energies. Working in consultation with industry, together we will reaffirm the positive aspects of living and working in South Australia to enhance the prospect of investing here.

The energy and mining sector is one sector where substantial prospects exist to responsibly develop opportunities, grow productivity and grow our competitiveness.

The Consultation Paper outlines current Energy and Mining programs and potential further action to support Growth State in this critical sector of the economy.

Existing industry initiatives such as the Copper Strategy, Magnetite Strategy,
South Australian Hydrogen Action Plan and the Roundtable for Oil and Gas will be complemented by the Clean Energy Transition and new initiatives such as the Accelerated Discovery Initiative, Battery and Emerging Minerals Strategy and the Electric Vehicle Strategy foreshadowed in the 2019-2020 State Budget.

This Consultation Paper defines the scope of the energy and mining sector and suggests ambitious targets to support the objectives of Growth State. It also seeks feedback to define what business needs so further actions can be identified that will encourage confidence and address barriers to investment.

The final version of the Strategy will inform government of the energy and mining sector’s priority needs in delivering stronger growth and will highlight relevant government commitments.

Government will respond to sector strategies through the Growth State work plan.

We need energy and mining businesses and industry input for this Energy and Mining Strategy and your feedback on the information provided in this Consultation Paper.

You can provide feedback through the Department for Energy and Mining website or email DEM.customerservices@sa.gov.au by 1 November 2019.