VIC Submissions


SUBMISSION ON THE REGULATORY IMPACT STATEMENT AND DRAFT MR(SD) REGULATIONS

The Minerals Council of Australia, Victoria Division (MCA) welcomes the opportunity to comment on the Regulatory Impact Statement and Draft Mineral Resources (Sustainable Development) (MR(SD) Regulations. The MCA does not support cost recovery to fund the State in carrying out its legislative responsibilities.

LODDON MALLEE NORTH DRAFT REGIONAL GROWTH PLAN

The region is set to benefit from the continuation and expansion of the mineral sands mining sector which is already highly active in Loddon Mallee North. Mineral sands mining activity in the region is substantial, including three deposits near Ouyen which are currently being mined. In addition to these, there are a number of advanced projects underway which should see the region’s identified mineral sands endowment increased and lead to regional production increases in coming years. It has been estimated that the Victorian part of the Murray Basin, much of which is in Loddon Mallee North, contains more than 60 million tonnes of coarse-grained mineral sand deposits and more than 200 million tonnes of fine-grained deposits with the potential to support several long-life mining operations.

HUME DRAFT REGIONAL GROWTH PLAN

The Hume region is prospective for a range of minerals including (but not limited to): brown coal, gold, base metals, and molybdenum. The development of these resources has the potential to boost the region’s economy significantly through the creation of high-skill, high-wage jobs in a high-value add sector.

GIPPSLAND DRAFT REGIONAL GROWTH PLAN

The Gippsland region is a major centre of activity for the Victorian minerals industry with the major coal mines of the Latrobe Valley the focal point. The Latrobe Valley is home to vast brown coal deposits (lignite) which are among the world’s largest. There are approximately 33 billion tonnes of lignite in the Latrobe Valley and much of it is economically extractable at today’s coal prices and with current mining methods. The lignite mining and power generation industry accounts for a significant proportion of the economic activity and employment in the Latrobe Valley. The industry directly and indirectly provides employment to approximately 3000 people, close to 11 per cent of the workforce, in the Latrobe Valley. More tellingly one third of the higher paid jobs in the region are in the lignite mining and related power generation industry1.

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