National resources statement provides significant growth

Australia's Prime Minister Scott Morrison

The Liberal and National Government has rejoiced in a successful 12 months of commitment to the national resources statement.

The statement presents a long-term plan for the future of Australia’s resource sector.

“Since the release of the resources statement, Australia’s resources sector has continued to expand and employment in our resources industries has increased to nearly 250,000 jobs,” Resources, Water and Northern Australia Minister Keith Pitt said.

The Federal Government’s national resources statement has paved the way for the creation of the Critical Minerals Facilitation Office to support Australia’s global mineral exports.

Groundwork for Australia’s hydrogen sector has been given the green light after the Federal Government released the national hydrogen strategy last year.

A $30 million investment was also given to the Central Queensland University campuses for a their new school mines and manufacturing to boost the industry’s future workforce.

Meanwhile, northern Australia is also set to grow within the sector after development of the Beetaloo Basin has seen increasing potential for new gas projects.

“At the same time, our resources sector continues to set new records with resource and energy export earnings forecast to reach $281 billion this year,” Pitt said.

“Our vision is for Australia to have the world’s most advanced, innovative and successful resources sector, which delivers sustained prosperity and development for the benefit of all Australians.”

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