NSW and South Australia to Join Forces on Mineral Development

Chris Hartcher
NSW Minister for Resources and Energy

Tom Koutsantonis
SA Minister for Mineral Resources and Energy

The New South Wales and South Australian Governments will sign a Memorandum of Understanding in order to maximise opportunities for mineral investment and economic development.

NSW Resources Minister Chris Hartcher and South Australian Mineral Resources Minister Tom Koutsantonis today announced the co-operative approach between the two States to support exploration and resource development.

“Far-western NSW contains mineral-rich areas with proven potential for iron, base metals and mineral sands, and strong potential for uranium deposits,” Mr Hartcher said.

“Both States have much to gain from an MOU which will encourage co-operation between agencies in respect to infrastructure access and development, policies on best practice regulation and planning processes.

“And as global leaders in geoscientific information acquisition and delivery, the MOU will help attract resources-related investment across both States.”

Mr Koutsantonis said the MOU aims to facilitate infrastructure access and interagency collaboration in the development of resources near the State border regions.

“We don’t want a state border to become an impediment to developing an asset,” he said.

“This MOU aims to eliminate cross-border obstacles so that we can ensure both States reach the full potential offered by our mineral endowment, especially in the Braemar Province.”

The MOU was announced at the AusIMM International Uranium Conference in Darwin.

Source: ProjectLink.com.au

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