New South Wales mining and mining services sector snapshot

Mining

New South Wales (NSW) has a long and proud history of mining. This vibrant industry is the product of favourable geology, leading to the discovery and development of many world-class mineral deposits. NSW has well developed infrastructure, low average operating costs, leading edge mining technologies, an available and highly skilled workforce, and a supportive state government.

Mining is a major contributor to the NSW economy providing employment for around 27,000 people directly, as well as nearly 100,000 people indirectly.

Mining is the state’s largest export industry. In 2015–16, NSW mining exports generated $17.4 billion in revenue and contributed to 30% of the state’s total exports. The state received nearly $1.2 billion in royalties from mineral production.

The wealth generated by the NSW minerals industry is based on nearly 50 coal mines, 17 metallic mineral mines, many smaller metallic and mineral mines, and numerous construction materials operations. Future growth is expected to continue due to ongoing investment in mines, infrastructure, services, exploration, and research and development.

Mining equipment, technology and services

NSW is a leading supplier of innovative mining equipment, technology and services (METS) solutions for the resources industry. Many products and services used today by the global mining industry were developed in NSW. These include coal longwall mining equipment, hydraulic roof supporting systems, roof bolting machines, advanced mining technologies, mine planning and evaluation software.

NSW is host to the largest number of mining services headquarters and is estimated to generate $23 billion in gross revenue, which is 25% of the national total.1

1 Australia’s New Driver for Growth, Mining Equipment, Technology and Services, Austmine 2013

NSW is home to world class universities and research institutes that truly combine research capability, industry collaboration and innovative solutions in the METS sector. NSW METS companies have the proven capability and capacity to deliver innovative solutions to all facets of a mining project including research, design, construction, project management, equipment supply and remediation.

Industry Investment & Export Support

The Industry Investment & Export Support branch provides assistance to businesses that are contemplating significant new investment in the state. For mining and METS companies that are looking to set up, relocate or expand existing operations, the dedicated team provides services free-of-charge to:• create awareness and promotion of investment in

exploration, development and METS• promote and grow investment in NSW resources

and energy• engage the mining and METS sector to understand

current issues in NSW• assist companies with projects to successfully

achieve positive development outcomes• advise investors on opportunities in the NSW

resources and energy sectors• assist through planning, exploration and mining

licences, environmental and other regulatory applications

• identify areas of efficiency gains through the reduction in red tape.

For more information contactNSW Department of Industry www.industry.nsw.gov.au

NSW Division of Resources & Energywww.resourcesandenergy.nsw.gov.au

Industry Investment & Export SupportExecutive Director: Charlie DowsettPhone: +61 (0)2 9338 6887Email: charlie.dowsett@industry.nsw.gov.auPostal: Industry Investment & Export Support NSW Department of IndustryGPO Box 5477Sydney NSW 2001

New South Wales – A leader in mining and METS

PUB16/476 © State of New South Wales through the Department of Industry, Skills and Regional Development 2016. You may copy, distribute and otherwise freely deal with this publication for any purpose, provided that you attribute the NSW Department of Industry, Skills and Regional Development as the owner.

Disclaimer: The information contained in this publication is based on knowledge and understanding at the time of writing (October 2016). However, because of advances in knowledge, users are reminded of the need to ensure that information upon which they rely is up to date and to check currency of the information with the appropriate officer of the NSW Department of Industry, Skills and Regional Development or the user’s independent advisor.

Why invest in New South Wales?

1 Diversity and richness of minerals NSW has a wide range of minerals, including coal, precious metals, rare earths, petroleum and base metals. As a low-cost supplier and a value-adding centre for processed metals and mineral products, NSW is hard to beat as an investment opportunity.

2 Quality geological information Extensive geological and geophysical mapping carried out by the Geological Survey of NSW ensures that you can save time and money understanding the mineral make-up of a particular area prior to exploration.

3 Commitment to renewable energies NSW is open for business in renewable energy. The state needs to obtain 20% of its energy from renewable sources by 2020. To meet this national target, the government is actively encouraging investment in a growing mix of renewable energy technologies.

4 Reliable infrastructure NSW has an extensive infrastructure that can support mining operations, from mine to road, to rail, to port. Several of Australia’s major port facilities are in NSW, including Newcastle, Sydney and Port Kembla.

5 Skilled workforce The workforce of NSW is highly educated, with 55 per cent of the working age population holding a tertiary qualification. The workforce is also culturally diverse and multilingual. One in three Sydney residents can speak a language other than English.

6 International business hub NSW is an attractive investment location, offering a stable political system, open government and transparent laws. Sydney is also home to regional and global headquarters of financial institutions and businesses, making it an ideal base to build your business.

NSW gold and silver production for 2015-16

$96 m

37.3 tonnes

129 tonnes

$1.91 bGold

Silver

NSW saleable coal production 2015-16 = 191 million tonnes ($14.6 billion)

191 m

Time di�erence fromhalf the world’spopulation

6hrs

Of the workingage population aretertiary qualified53%

32%NSW GENERATES

OF AUSTRALIA’S GDP

households & small businesses in NSW have gone solar

350 K