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Australia’s National Resource statement predicts 24,000 new mining jobs

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The Australian government has announced a commitment to supporting the mining industry in their first National Resources statement in two decades.

Australia's first National Resources statement in 20 years commits the country to the mining and resources industry, predicting the creation of at least 24,000 direct mining jobs by 2030
(Image via Shutterstock)

Currently the resources sector makes up 8 percent of Australia’s economy, with exports predicted to reach a record $250 billion in 2018-19.

The National Resources statement outlines the government’s plan to attract investment, develop new markets and share the benefits of mining with more regional communities.

The report focuses on global economic growth that can benefit from the region’s resources, stating that by 2030, Asia will produce more than half the world’s economic output, consume 40 percent of its energy and be home to a middle class of almost 3.5 billion people.

If Australia can maintain its global share of commodity production, it can result in the creation of at least 24,000 direct mining jobs.

To achieve success, the government revealed five key priorities:

  • Attracting investment
  • Developing new resources, industries and markets
  • Investing in new technologies, especially to improve environmental outcomes
  • Creating well paid secure jobs
  • Ensuring local communities receive benefits from mining activities

For the initial part, the report outlines plans to promote a national resources brand to market Australia as an investment destination to the world. 

With greater investment, they plan to continue supporting the development of new resource basins through co-operation with state and territory jurisdictions, such as the recent MoU with the Northern Territory on the development of the Beetaloo Basin.

Technology investments will include the $100m Exploring for the Future program, which implements advanced seismic and aero-magnetic surveys to help discover the next major mineral find.

They also plan to improve the consistency and scope of data across the resource sector.

Prior to the release of the statement, Resources Minister Matt Canavan said:

“The government’s vision is to have the world’s most advanced, innovative and successful resources sector which delivers sustained prosperity and social development for all Australians.

“Our work starts now.”

It follows the Prime Minister’s attendance at a mining event on Wednesday, where he said that Australia must counter the “noisy voices” that want to shut the industry down.

“We want you to succeed, I want you to succeed, because a stronger mining industry means a stronger Australia, and a weaker mining industry means a weaker Australia.”

Join the next generation of Australia’s mining and resource industry

Fircroft recruits technical engineers for major mining projects. View all the current opportunities or register with us for free.

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Australia’s National Resource statement predicts 24,000 new mining jobs - Time to read 3 min
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