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Business View Australia - July 2015 35
The
committee
handling
issues related to petroleum
was established in 2013. It has
played a crucial role in identifying
and addressing priority issues,
maintaining awareness amongst
decision makers of industry
actions and
i d e n t i f y i n g
the
areas
w h e r e
r e g u l a t o r y
changes are
r e q u i r e d .
S o u t h
Australia is
extremely rich in minerals with 25%
of the world’s known recoverable
uranium reserves and 80% of
Australia’s. It has the world’s
largest uranium deposit, and
Australia’s largest underground
mine - Olympic Dam - is the
world’s four th largest remaining
copper deposit and fif th largest
gold deposit. The state also has
a host of other proven resources.
With these tremendous resources
available, the state has been
successful in framing policies
which
encourage
companies
to invest, thereby boosting the
economy and creating employment
oppor tunities.
SACOME
has
played an impor tant role in this
process by serving to provide
a forum for industry players to
put forward their views to the
government and by lobbying to
get the required changes made.
S A C O M E ’ s
60
industry
members form
the core of
the
mining,
energy
and
e x p l o r a t i o n
b u s i n e s s e s
in
the
state. Over the last 35 years
they have derived significant
benefits from this membership.
Jason Kuchel says, “One of the
things that has the most significant
potential to accelerate projects is
to get adequate infrastructure in
place. To do that we actually need
to have some government buy-
in. It does not mean government
funding, but it does mean
government involvement by using
its balance sheet in some shape
or form to de-risk some of the
private infrastructure projects
that are needed to accelerate
a range of resources projects.”
It does not mean
government
funding, but it does
mean government
involvement
ASSOCIATIONS