2024 Policy Priorities - State Economic Development
Northern Water Project
SACOME reiterates its strong support for the Northern Water Project and calls for continued effort by the South Australian Government to bring it to development.
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.
Further information here
Resources Sector Heat Map & Infrastructure Corridors SACOME calls for the completion and implementation of the South Australian Resources Sector Economic Heatmap and Resources Infrastructure Corridors initiatives. SACOME continues to call for the development of a Resources Sector Economic Heatmap to provide government, industry and investors with a consolidated understanding of the value of South Australia’s resources provinces and facilitate greater project investment across the State. Further information here |
Critical Minerals Acceleration
SACOME calls for completion of a Critical Minerals to Metals Strategy and the provisioning of $50 million as an initial investment in the proposed Critical Minerals Development Fund.
This would capture the full value chain of South Australia’s resources and act as a jurisdictional advantage in accelerating development of critical minerals projects in South Australia.
Further information here
South Australian CO2 Industry Development
SACOME calls on the Government to investigate appropriate financial supports for the development of a local CO2 industry in South Australia. Disruptions to food and industrial-grade CO2 supplies are impacting food and beverage industries, including major wineries, breweries, and soft drink suppliers. Shortages are currently being experienced due to plant shutdowns and exposure to high import prices. Further information here |
Industrial Transition & Decarbonisation
SACOME recommends that consideration be given to the broader civic infrastructure requirements of the green industrial transformation to inform ‘whole of supply chain’ infrastructure planning.
to the objectives of industrial transformation and decarbonisation, as set out in the South Australian Economic Statement released by the Malinauskas Government in March 2023 which aims to ‘capitalise on the green energy transition’.
Further information here
SACOME recommends that consideration be given to the broader civic infrastructure requirements of the green industrial transformation to inform ‘whole of supply chain’ infrastructure planning.
to the objectives of industrial transformation and decarbonisation, as set out in the South Australian Economic Statement released by the Malinauskas Government in March 2023 which aims to ‘capitalise on the green energy transition’.
Further information here