By Paula Doran
The importance of the Far West in driving investment in the mineral sector has not been lost on the NSW Government as it seeks external investment in key projects – including Cobalt Blue in Broken Hill and the South Cobar copper project.
In the latest promotion of NSW as the preferred destination for investing in critical minerals and high-tech minerals, NSW Deputy Premier and Minister responsible for resources Paul Toole has released the state’s mining investor register which promotes 15 investment-ready minerals projects seeking capital or offtake agreements.
Mr Toole said there was a strong focus on critical minerals and high-tech metals projects, which are in high demand globally.
“We know our exploration and mining sector is critical to the success of the NSW economy now and into the future and the Far West is front and centre in that,” Mr Toole said.
“Our state, particularly western NSW, is rich in critical minerals and high-tech metals which are crucial to a range of technologies including the defence space, the manufacture of electric vehicles, solar panels, and wind turbines,” he said.
The second edition of the NSW Mining Investor Register is about connecting both domestic and international investors with investment-ready projects.
“I want NSW to be the number one investment destination for mining and advanced manufacturing,” says the Minister.
“I was pleased to see some of the great work already taking place in this space during my visit to Cobalt Blue in Broken Hill in April.”
Mr Toole said there was currently an “exploration boom” in NSW, and positive trends were expected to translate to significant growth in the mining sector.
“Exploration and mining are critical to the ongoing success of the State’s economy.
“Our thriving mining and exploration industry contributes billions in economic activity, tens of thousands of jobs and is the lifeblood of many of our regional communities,” he said.
“The NSW Government is intent on driving investment to ensure a valuable, viable and sustainable mining sector into the future.”
The NSW Mining Investor Register was developed in consultation with industry. It is distributed worldwide through NSW and Commonwealth Government investment networks and is also translated into Japanese and Korean.
