Resources Sector Heatmap & Infrastructure Corridors​

SACOME calls for the completion and implementation of the South Australian Resources Sector Economic Heatmap and Resources Infrastructure Corridors initiatives.

Over the past two decades, the South Australian Government has made considerable effort to better understand where mineral and petroleum resources are located across the State.

In the interests of growing the South Australian resources sector, SACOME advocates for measures that will expedite the development of known resource reserves to better capitalise on investments made in exploration by both
government and industry.

SACOME continues to call for development of a Resources Sector Economic Heatmap to provide the State Government with a consolidated understanding of the value of South Australia’s resources provinces and enable prioritisation of provinces/areas of the State for development.

SACOME’s intent is for the Heatmap to identify:

•  The potential economic value of a province to the State;
•  The investment required to build a path to market for identified provinces;
•  What actions the State could take to resolve infrastructure-related barriers to investment;
•  Opportunities to leverage Commonwealth funding and prioritisation;
•  The timeframes necessary for implementing a solution; and
•  The opportunity cost of doing nothing.

SACOME submits that the Heatmap should be finalised in line with its original intent for use as a vehicle to inform Government decision-making at a ‘region/province level ‘and as an investment attraction tool to enable province development.

Dovetailing with the Resources Sector Economic Heatmap, SACOME also calls on the State Government to finalise development of the ‘Resources Infrastructure Corridors’ initiative.

SACOME continues to advocate for implementation of the Infrastructure Corridors initiative as an infrastructure investment attraction tool by identifying and establishing infrastructure project pathways to major South Australian resources
provinces.
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This includes holistically resolving land access, approvals and logistics issues and operating as a jurisdictional advantage by providing operators with a de-risked and expedited path to project development.

SACOME notes the State Development & Coordination Facilitation Bill 2024 as a vehicle for expediting project development, principally through creation of the Office of the Coordinator General; and granting the Coordinator General power to declare ‘State Development Areas’.

SACOME supports the concept of State Development Areas and notes alignment with our Resources Sector Heatmap & Infrastructure Corridors proposal, however, we emphasise that the intended function of the Heatmap/Infrastructure Corridors proposal is to provide a consolidated understanding of where expedited project development can be best applied across the State.

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