Resources Minister Scott Stewart will lead a group of international investors and resources leaders on a tour of Queensland, showcasing State’s potential multi-billion dollar critical minerals sector.
“There has been an overwhelming amount of interest from international investors and resources companies in the potential of establishing projects in Queensland,” Minister Stewart said.
“I’m proud to be leading a tour of North Queensland which will showcase the opportunities on offer, from mine pit to product in our region. From Mt Isa to Cloncurry, to Townsville, delegates will get a chance to see the best Queensland’s geology and geography have to offer,” Minister Stewart stated.
According to the Minister, Queensland contains some of the world’s richest mineral-producing locations, with North Queensland alone containing an estimated $500 billion in critical minerals.
The delegates have spent the week in Brisbane at the World Mining Congress, which is being held in Australia for the first time.
The Queensland Government has this week unveiled the Queensland Critical Minerals Strategy. The Strategy will oversee a $245 million investment to position the State as a global leader in producing the critical minerals the world requires to transition to a zero-emissions future.
“The Queensland Critical Mineral Strategy we launched this week is about not just mining the raw materials but also being able to process and manufacture the minerals the world needs right here in Queensland,” Minister Stewart said.
University of Utah Professor Rajive Ganguli commented, “I’m hoping to see how mining used to be done, especially in places like Mt Isa – it’s in the mining textbooks so it’s exciting for me to actually be there and to see it.”
Professor Ganguli said Australia is always a great location to invest in mining, but with Queensland in particular, you have the proper mix of deposits, people, and knowledge to handle things as they arise and lead the globe.
“Because of the partnership between the state, universities and industry, a lot of chess pieces are in place here so I expect Queensland to contribute quite a bit,” he added.
