Copper Strategy set to boost SA's economy with jobs & opportunity
The South Australian Chamber of Mines and Energy (SACOME) welcomes the release yesterday of South Australia’s Copper Strategy.
The strategy is a comprehensive initiative building on existing programs, developing new programs, sharing information and encouraging broad collaboration and innovation.
Terry Burgess, SACOME President, said “Copper has a long history and an even richer potential in South Australia. This long-term copper strategy, produced in collaboration with stakeholders in the wider resources sector, will create the best technical and business environment for a continued positive copper future in this State.”
South Australia’s economy was saved by copper over a century ago, with the State at one point the largest supplier of copper to the world.
Jason Kuchel, Chief Executive SACOME said “Our resource endowment places us in a position to once again be a major global copper supplier.”
“Realising South Australia’s copper potential will reap enormous rewards for the entire State, in terms of investment attraction and economic activity, together with jobs, royalties, service sector opportunities and development of regional infrastructure and services.” Mr Kuchel said.
SACOME says the copper strategy must be followed by action and continued collaboration. “PACE Copper is an early example of this and we look forward to partnering with government and research organisations to build the momentum,” said Mr Kuchel.
The strategy does - and must - support the discovery of new copper deposits, including the regulatory framework to enable their timely advancement.
South Australia hosts 68% of Australia’s copper resources, a commodity traditionally in high demand and diversifying with new applications in advanced manufacturing, energy and a range of new technologies. Global use of the metal increased by 8% last year and is expected to climb at a minimum of 4% annually.
Most industry experts and analysts believe South Australia is host to extensive undiscovered deposits, many likely to be buried deep under cover.
“The Copper Strategy’s aim to treble copper production and create up to 10,000 new jobs is an achievable goal and one we fully support, given our rich copper resources and expertise including our skilled and growing METS sector.” Mr Kuchel said.
The South Australian Chamber of Mines and Energy (SACOME) welcomes the release yesterday of South Australia’s Copper Strategy.
The strategy is a comprehensive initiative building on existing programs, developing new programs, sharing information and encouraging broad collaboration and innovation.
Terry Burgess, SACOME President, said “Copper has a long history and an even richer potential in South Australia. This long-term copper strategy, produced in collaboration with stakeholders in the wider resources sector, will create the best technical and business environment for a continued positive copper future in this State.”
South Australia’s economy was saved by copper over a century ago, with the State at one point the largest supplier of copper to the world.
Jason Kuchel, Chief Executive SACOME said “Our resource endowment places us in a position to once again be a major global copper supplier.”
“Realising South Australia’s copper potential will reap enormous rewards for the entire State, in terms of investment attraction and economic activity, together with jobs, royalties, service sector opportunities and development of regional infrastructure and services.” Mr Kuchel said.
SACOME says the copper strategy must be followed by action and continued collaboration. “PACE Copper is an early example of this and we look forward to partnering with government and research organisations to build the momentum,” said Mr Kuchel.
The strategy does - and must - support the discovery of new copper deposits, including the regulatory framework to enable their timely advancement.
South Australia hosts 68% of Australia’s copper resources, a commodity traditionally in high demand and diversifying with new applications in advanced manufacturing, energy and a range of new technologies. Global use of the metal increased by 8% last year and is expected to climb at a minimum of 4% annually.
Most industry experts and analysts believe South Australia is host to extensive undiscovered deposits, many likely to be buried deep under cover.
“The Copper Strategy’s aim to treble copper production and create up to 10,000 new jobs is an achievable goal and one we fully support, given our rich copper resources and expertise including our skilled and growing METS sector.” Mr Kuchel said.
