Media Releases


Workforce Skills, Education & Training

A productive workforce needs to be a skilled workforce. The Minerals Council of Australia (MCA) advocates building an uninterrupted, sustainable education and training pathway to increase workforce participation, workforce diversity and workforce skills, regardless of the business cycle in the industry.

MCA - Quarterly Economic Brief • SUMMER 2012

The global economy weakened in the September quarter 2012, lowering prospects for recovery in advanced economies and reducing growth projections for 2012, barring the USA. The IMF now forecasts global growth of 3.3% in 2012 with downside risks judged to be more elevated than in July 2012. Short term economic challenges in Europe and the high government debt of most developed economies are looming factors that continue to affect global recovery.

LA TROBE VALLEY BROWN COAL ALLOCATION

The Minerals Council of Australia - Victorian Division welcomes the State Government announcement on the next step in the allocation process for the Latrobe Valley’s brown coal reserves.

Victoria is fortunate to be endowed with significant brown coal resources. This low-cost power source has directly contributed to the economic development of the state and on most projections, most recently the Energy White Paper, the future for coal remains bright.

Opening up the Latrobe Valley coal fields will significantly boost the Victorian economy.

In addition to meeting the State’s current and future power needs, brown coal can be converted into a range of products including fertiliser, diesel and export quality coal. With gas demand in Victoria soon to exceed production, the production of natural gas from brown coal also holds significant economic potential for the state.

The MCA encourages the Government to proceed with a tender in a timely manner to align with investment and demand cycles.

NEW VICTORIAN MINING LAWS FURTHER UNDERMINE INDUSTRY

The Victorian minerals industry is profoundly disappointed the State Government has ignored the mining sector’s concerns with the Mineral Resources (Sustainable Development) Amendment Bill 2012 and passed the legislation through the Lower House of Parliament yesterday.

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