The next projects to boost NSW mining

Twenty-five projects worth almost $11 billion are lined up at various planning stages in New South Wales over the next two decades.

The 25 projects are comprised of new projects and extensions and modifications of existing operations, including the Bylong project and Tahmoor South project.

In the Hunter region, there are nine projects in the pipeline with a potential to deliver over $1.5 billion in investment and over 3400 jobs.

In the Lithgow/Mid West region, seven projects are set to contribute an investment of over $1.5 billion and attract over 2100 jobs.

Four projects in the Illawarra, three in the Central West and two in the Gunnedah region are also predicted to create almost $5.5 billion in combined investment and close to 6000 jobs.

NSW Minerals Council chief executive Stephen Galilee said the state was blessed with high quality resources combined with strong and growing demand in our region.

“Without a stable and certain policy environment that supports the mining sector, the economic benefits will be lost to NSW,” he said.

Galilee said in terms of coal, new mining projects will be essential if the state is to meet the growing demand for high quality coal in Southeast Asia.

The latest International Energy Agency (IEA) report estimates that growth in demand for coal in the Asia Pacific will increase by 492 million tonnes of coal equivalent by 2040.

“NSW has a limited number of large scale metals mining operations, with some forecasts predicting this will fall sharply beyond 2025 without the discovery of new mineral resource and development of new mining operations to replace existing production,” Galilee said.

“The future of the NSW mining industry and our mining communities is linked to our ability to meet the growing demand. This will require policies that support our export sector and the tens of thousands of people working in mining and related jobs here in NSW.”