SACOME's 2024 Policy Priorities
SACOME's 2024 Priorities are informed by close consultation with member companies and set out the actions and bipartisan policy commitments sought by the sector. Our priorities maintain a focus on impactful, strategic, and long-term outcomes that require cohesive leadership, a continued focus on supporting economic growth, improving regulatory outcomes, and addressing skills shortages. Click on the cover to view entire document The Northern Water Project remains a critical enabler to growth of the South Australian resources sector and the South Australian Government’s hydrogen and green industry transition goals. SACOME welcomes the strong support shown to date by the Commonwealth and State Governments, including the $100 million in equity contribution funding that formed part of the 2023 State Budget.
Ensuring that the Northern Water Project progresses to completion remains a key priority for SACOME in 2024. Northern Water Project Briefing Note Read more |
Supporting the Resources Sector and the State
In 2024, SACOME continues to advocate for priorities that resolve long-standing impediments to development of the South Australian resources sector, in addition to calling for action on important emerging priorities.
Noting that resources projects can often take decades to reach production, SACOME reiterates its calls for policy continuity in relation to transformative economic development and infrastructure initiatives. Consistent, concerted effort is fundamental to realising growth of the resources sector and transformation of the State’s economy at the scale envisaged by both SACOME’s member companies and the South Australian Government.
Key to this outcome is ongoing collaboration between industry and government, recognising that continuing engagement on regulatory and policy matters is crucial to achieving our shared objectives, including:
On behalf of its members, SACOME remains committed to working with all stakeholders for the continued development of the South Australian resources sector and the economic, social and environmental benefit of the State.
Noting that resources projects can often take decades to reach production, SACOME reiterates its calls for policy continuity in relation to transformative economic development and infrastructure initiatives. Consistent, concerted effort is fundamental to realising growth of the resources sector and transformation of the State’s economy at the scale envisaged by both SACOME’s member companies and the South Australian Government.
Key to this outcome is ongoing collaboration between industry and government, recognising that continuing engagement on regulatory and policy matters is crucial to achieving our shared objectives, including:
- Ensuring the orderly transformation and decarbonisation of the resources sector in a rapidly changing energy system;
- Continued investment in critical enabling infrastructure;
- Development and maturation of the State’s the nascent ‘green energy’ industry, including hydrogen production in the Upper Spencer Gulf;
- Development of a world-class copper province in the Gawler Craton;
- The manufacturing of ‘green steel’ at Whyalla; and
- Positioning South Australia as a supplier of critical minerals at a time of growing demand.
On behalf of its members, SACOME remains committed to working with all stakeholders for the continued development of the South Australian resources sector and the economic, social and environmental benefit of the State.