The Chamber of Minerals and Energy of Western Australia’s Post

The IOM3 (Institute of Materials, Minerals & Mining) have published this document on the key things the next Government need to address going forward. If you have any thoughts or opinions on this we would love to hear them.

The Northern Territory Legislative Assembly has passed a bill that will change the way mineral royalties are calculated in the Territory. https://hubs.li/Q02zbHhH0 #dna #developingnorthernaustralia #northernaustralia #economicdevelopment #economicgrowth #sustainability #outnorthourfuture

Five #Materials, #Minerals & #Mining priorities for the next UK Government: - A #MaterialsStrategy; - #ResourceEfficiency for a resilient, more circular society; - #CriticalRawMaterials; - Support #FoundationIndustries to decarbonise; - #Skills. Engineering Council Society for the Environment (SocEnv) Science Council EngineeringUK Henry Royce Institute Green Alliance Critical Minerals Association (UK) Transforming Foundation Industries

Ahead of the UK’s general election, IOM3 has outlined five crucial priorities for the next government to ensure a strategic focus on materials, minerals, and mining. From sustainable sourcing to national security, these priorities are key to our economic and environmental future. Read our full policy briefing to learn more 👉 https://bit.ly/4eyNdyS

The five in a bit more detail below, and the document itself has some specific recommendations to underpin this: 1. Establish and implement a UK Materials Strategy: a comprehensive, cross-government, cross-economy strategic approach to sustainable use and management of materials covering the full life cycle to ensure supply chain resilience, secure access to the materials and minerals required for modern society and to deliver net-zero. 2. Advance the transition to a resource efficient and resilient society: embedding resource efficiency and productivity across government policy, driving the transition to a more circular economy where materials are kept in circulation at their highest value for as long as possible, building resource and energy security and reducing environmental impacts. 3. Bolster the UK’s approach to critical materials: developing a better understanding of critical material flows and building responsible supply chains through domestic capability and collaboration with international partners driving resilience vital for UK industry, energy and national security and delivering the low-carbon transition. 4. Support energy intensive industries to decarbonise: advancing the low-carbon and resource efficient transition and ensuring a competitive and viable future for manufacturing industries in the UK. 5. Deliver a plan for skills and workforce development: across materials, minerals and mining including updating perceptions and advancing equity, diversity and inclusion to address the current and future gaps and minimise the risks posed to the UK economy. https://bit.ly/4eyNdyS

The Economic and Social Significance of Mineral Resources https://lnkd.in/gfTZMjgD #ermmineralsandresources #ermminingandmetalscompany #ermminingindustry #ermsteelcompany

In an exclusive interview, AME - Association for Mineral Exploration President and CEO Keerit Jutla tells Resource Works that industry must have a seat at the table when it comes to making new policies. He says that recent government policies and legislation have created a climate of uncertainty in the mineral sector, and the consequences may include industry players leaving British Columbia. Read the full interview here 👇 #miningindustry #mineralexploration https://lnkd.in/gi_U6phQ

We welcome yesterday’s 2024-25 Australian federal budget, which unequivocally underscored the Australian Government 's commitment to supporting the domestic critical minerals sector, now positioned as a cornerstone of the nation's economic agenda. We intend to pursue all avenues of supportive government funding and policy assistance to enable rapid development of our flagship high-grade Kookaburra Graphite Project on South Australia’s Eyre Peninsula. CEO Jonathon Trewartha commented: “The Australian Government's support for the critical minerals sector in last night’s federal budget sends a clear message to investors: that these targeted incentives and investment frameworks will pave the way for increased private sector and strategic participation in domestic critical minerals projects and supply chains. Formation of a stable operating environment, conducive to long-term growth and profitability, complements the high quality of our Kookaburra Graphite Project, with increased interest from potential strategic partners in recent weeks. The Federal Government's recognition of the strategic importance of Australia’s critical minerals sector comes at the ideal time for Lincoln Minerals, as we aim to capitalise on the growing global demand for critical minerals and with appropriate support from government, we see multiple opportunities for expansion, growth and ultimately strong shareholder returns.” Our recently announced Share Purchase Plan is set to close to investors on 24 May, with funds to be used to advance our KGP Project and our critical minerals portfolio. Read the full media release here: https://lnkd.in/e3kgrJta #LML #lincolnminerals #graphite #criticalminerals #resources #budget

As a direct result of our advocacy in #Saskatchewan, the newly enhanced Saskatchewan Mineral Exploration Tax Credit (#SMETC) regulations have been amended to allow for greater global investment in the province. In the Saskatchewan 2023 Budget, the government increased the SMETC from 10% to 30% in order to make the province more competitive with British Columbia, Manitoba, Ontario and Quebec. Learn more about the Saskatchewan METC with Alanna Clark in the latest #PearTreePerspective. https://bit.ly/3Nm4Fea #Investment #MiningNews 

In an interview with Bloomberg News today, Canada's natural resource minister reiterated the government's tougher stance on Chinese investment in the domestic critical minerals business. “We need to be working to solve access to capital issues, but the answer cannot be investment from Chinese state-owned industries,” said Jonathan Wilkinson. Chinese firms have pursued a string of investments in Canadian junior mining companies in recent months, suggesting that tougher federal government rules haven’t dissuaded China from delving deeper into the country’s mining sector. Transactions like Zijin Mining Group’s plans to take a 15% stake in Vancouver-based copper company Solaris Resources Inc., announced in January, are testing Canada’s national security rules. China’s Yintai Resources Co., Ltd., meanwhile, reached an agreement last month with Osino Resources Corp. to buy the Canadian gold explorer for C$368 million. Canada’s crackdown “may not have totally dissuaded the Chinese, but they will all have to go through a national security review,” Wilkinson said. https://lnkd.in/gK74fH6H