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Miners react to election result

777ϻ lobby groups lay out priorities

Staff reporter

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The Minerals Council of Australia and Chamber of Minerals and Energy of Western Australia congratulated Scott Morrison on his re-election as prime minister.

MCA CEO Tania Constable said the government's pledge to keep taxes low would strengthen the mining sector.

"This is a win for regional jobs, particularly in the big resources states of Queensland, New South Wales and Western Australia," she said.

"There is now a clear mandate for resources projects that have lawful approvals to proceed, such as the Adani coal mine in central Queensland and the Yeelirrie uranium mine in Western Australia."

Constable said the Coalition's Resources Statement would promote the national brand, boost cooperation with the states on the development of new resource basins, and upgrade and enhance skills and investment in advanced seismic and aero-magnetic surveys to discover the critical minerals we will need for Australia's future.

The Coalition has pledged A$30 million to build a Central Queensland University School of Mines and Manufacturing; further develop the critical minerals strategy and priority status for funding applications for projects under the $20 million round seven of the Cooperative Research Centres Project; provide $3.4 million over four years to encourage more women into science, technology, engineering and mathematics (STEM) education and careers; and renewed its $100 million commitment to Geoscience Australia and the Junior Minerals Exploration Initiative.

"The Western Australian resources sector is going to need an additional 15,000 specific skilled roles over the next six months," CME CEO Paul Everingham said.

"During the election campaign, Mr Morrison committed a new $525 million skills package with 80,000 new apprenticeships, in addition to record education funding.

"While this might not help in the short-term, it's reassuring to know that we will have skilled workers coming through the pipeline, who can choose a long-term career in the resources sector."

The CME called for part of the Coalition's $100 billion infrastructure plan to be used for investment that would make it easier for miners to get their product to port.

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777ϻ Journal Intelligence World Risk Report 2024 (feat. MineHutte ratings)

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The 777ϻ Company ESG Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.