Mining and resources continue to support economic growth

Minister for Resources and Northern Australia has welcomed confirmation today that mining and resources have been a key contributor to Australia’s economic growth, according to the June Quarter National Accounts data by the Australian Bureau of Statistics. The figures show that resources accounted for more than half of total growth in the June quarter in production terms. GDP grew by 0.5 percentage points in the quarter, of which mining contributed 0.3 percentage points. Read more

New report highlights Australia’s opportunity in critical minerals

Minister for Resources and Northern Australia Matt Canavan has welcomed a new report which examines the market outlook for six critical minerals that hold significant potential for Australia: niobium, rare earth elements, cobalt, antimony, magnesium and tungsten. Read more

India-Singapore visit helps bolster ties with key economies

Promoting Australia’s resources industry and encouraging international investment opportunities in the sector will be priorities during visits to India and Singapore by Minister for Resources and Northern Australia Matt Canavan next week. Minister Canavan will be in India from 26-29 August, where he will meet with resource industry leaders and ministerial counterparts to promote the strengths and potential of Australia’s resources and energy sectors. Read more

India our next coal export hotspot

Minister for Resources and Northern Australia Matt Canavan has welcomed a new report which outlines India’s potential as our greatest new thermal coal export market, potentially creating at least 4,000 new direct jobs in regional Australia. The Coal in India 2019 report, prepared by the Office of the Chief Economist, states that India’s rapidly growing demand for energy presents a golden opportunity for Australia to increase its thermal coal exports to the country. Read more

From little things, big things grow: Broadacre cropping to be tested in Far North Queensland

A $50 million industry could stem from a test crop of oilseed in Far North Queensland launched today as one of three projects designed to diversify the crops industry across Australia’s north.    Read more

Five varieties of the spice of life in Northern Australia trial

A new project will test if Northern Australia has the potential to step into the global spice trade worth $12 billion annually.   Read more

Backing Smart Energy Resources Projects

The Morrison Government is backing the next generation of Australian technology pioneers by locking in $2 million to help deliver the future of energy resources innovation. Read more

World leading CO2 injection project starts operations

The world’s largest greenhouse gas mitigation project undertaken by the LNG industry has started on Barrow Island, Western Australia. Read more

New data sheds light on groundwater in the Upper Burdekin

Fresh new elevation data relating to groundwater resources in the Upper Burdekin is set to benefit north Queensland’s farmers, businesses and communities. Read more

Key resource exports continue growth in 2019

Australia’s exports of iron ore, coal and LNG have grown for six months straight, with ABS figures released this week showing the value of our resources and energy exports reached $142.5 billion from January to June. Read more


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