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South Australia will be the leading contributor to Australia becoming the world's third largest copper producer

South Australia's Copper Strategy

Achievements to 30 June 2017

Copper Strategy achievements to 30 June 2017Since South Australia's Copper Strategy was launched in February 2016 there has been significant progress towards achieving the action themes that support the vision of 1 million tonnes per annum of copper by 2030.

The South Australia's Copper Strategy Achievements to 30 June 2017 report presents:

  • the achievements of the Action Themes
  • the Copper Scorecard, developed to
    • track industry progress across the value-chain, and
    • inform Copper Strategy directions.

Download South Australia's Copper Strategy Achievements to 30 June 2017 (PDF)

DSD280_Copper_Strategy_-_FA-1On 23 February 2016, the Premier of South Australia, Hon Jay Weatherill and the Minister for Mineral Resources and Energy, Hon Tom Koutsantonis, launched South Australia’s Copper Strategy.

South Australia’s Copper Strategy outlines the plan to triple the State’s copper production to 1 million tonnes per year within the next two decades and ensure the South Australian community benefits from this increase.

The Copper Strategy has been a collaborative effort with input from industry, research institutions, community groups and Aboriginal representatives.

The strategy targets accelerating exploration and discovery, improved productivity and efficiency through innovation and maximising community engagement to guarantee continued public support for the resources sector.

The South Australian Government has already taken several early steps to implement the strategy, including providing $20 million for PACE Copper and $10 million to support innovative research into a process to improve copper-in-concentrate.

Why a copper strategy?

Copper has a key role in the 21st Century. The efficiency of copper aids sustainable construction in a rapidly urbanising world and is important in mitigating the effects of climate change.

South Australia has the resources and the expertise to meet the increasing need for copper -  the geologically significant Gawler Craton contains one of the world’s largest ore bodies at Olympic Dam and a host of other significant deposits, including Prominent Hill.

A copper strategy that:

  • accelerates exploration leading to increased production
  • supports research and development leading to innovations
  • makes the industry more efficient

will ensure South Australia reaps the full potential of its natural resources in a coordinated way that benefits everyone in the community. The strategy will also have spill-over benefits for South Australians - regional communities and the next generation of South Australians seeking a high-skilled career in the mineral and mining services industries all stand to benefit.

Growth in copper demand across the world is estimated to outstrip supply from 2020.

Our geography means we are well placed to meet the long-term demand for copper from the economic powerhouses of Asia. We have a highly-skilled workforce and academic institutions that are on the forefront of research and development.

But we also face some challenges.

A comprehensive Copper Strategy for South Australia will allow us to address those challenges so we can unlock the full potential of our assets.

Our geography means we are well placed to meet the long-term demand for copper from the economic powerhouses of Asia. We have a highly-skilled workforce and academic institutions that are on the forefront of research and development.

But we also face some challenges.

Developing South Australia's Copper Strategy

Download the South Australian Copper Strategy consultation directions paperA comprehensive Copper Strategy for South Australia will allow us to address those challenges so we can unlock the full potential of our assets.

Timeline

For more information, contact:

Charles Moore
Director, Resource and Strategy
Resources Infrastructure and Investment Task Force

Phone: +61 (8) 8303 2202
charles.moore@sa.gov.au
Department of the Premier and Cabinet, Government of South Australia

Phone: +61 8 8226 3821
Email: DPC.copperstrategy@sa.gov.au