Industry strengths and capabilities
Building blocks for bigger and better things
The mining, resources and energy industry is backed by highly developed infrastructure such as ports and rail links, low average operating costs and a sound regulatory regime. It also benefits from NSW's highly skilled workforce.
The sector's wealth is generated by 56 coal mines, 17 major metallic minerals mines and many smaller gold, copper, lead and zinc mines, in regions such as Broken Hill, Parkes, Cobar and New England.
Copper, gold and silver are all expected to continue to attract expenditure for new mines, while zinc, tungsten, tin and other base metals are major exploration targets.
Sustainable resource development
The government is dedicated to sustainable resource development and has strict planning controls and environmental protections in place.
The NSW Government is also keen to develop and expand the supply of cleaner energy sources, especially gas, and has funded three exploration programs:
- New Frontiers
- Exploration NSW
- Discovery 2000
It has also launched initiatives in the solar and wind energy space as part of its commitment to increase the amount of energy derived from renewable sources and reduce the state's carbon footprint.