SA Mines and Energy Journal : April-May 2010
18 APRIL/MAY 2010 SA MINES & ENERGY JOURNAL GOVERNMENT Infrastructure is the major challenge facing SA's mining industry, with the bulk commodity export facility at Port Bonython the most urgent need. However, the Labor Party "missed the main game" when formulating its mining industry policies, by not placing enough emphasis on the port's development, said Chief Executive of the South Australian Chamber of Mines and Energy (SACOME) Jason Kuchel. "The number-one ticket item for the resources industry is a cape-sized-capable facility for bulk commodities export at Port Bonython, " he said. "Without such a facility, the emerging iron-ore province in the north of the state goes without a cost-effective means of export. " Mr Kuchel said it was disappointing the Government had not made a substantial commitment to the Port Bonython facility. The mining industry is seeking a combination of measures, including Infrastructure Australia seed capital and temporary underwriting of tonnages for its first five years of operation. "This absence of a serious commitment is not going to give SA's resources sector great confidence in developing their iron ore projects in the state's north and on the Eyre Peninsula, " Mr Kuchel said. "A further $100 million a year from the State Government is needed to kick-start crucial infrastructure needed to generate mining activity. " SACOME has estimated at least $650 million needs to be injected into SA mining and exploration over the next five years, with the bulk of this to be spent on infrastructure. The money -- for power, water, transport, exports and workforce development -- would allow SA to capitalise on the global demand for the state's untapped wealth of mineral commodities. Now that the Labor Government has retained power, it's time to revisit the party's promises and see what the mining industry can expect with its return to government. On the port issue, Labor refers to steps it has taken to identify and facilitate the sector's infrastructure needs by forming Pledges for progress The Labor Government's recent return to power will influence the way mining progresses in this state. Kate Nash outlines the party's policies and promises. Energy is vital to growth. ElectraNet's continual goal is to maintain a high level of operating and maintenance efficiencies while ensuring ongoing reliable and secure high-voltage power supplies. We listen. We're switched on to the future. ElectraNet has developed a long term vision for the planning and development of the transmission network in South Australia, titled Network 2025 Vision. ElectraNet works closely with the South Australian State Government, planning authorities, industry sector bodies and regional development boards to identify new opportunities and provide guidance and direction on future transmission projects. ElectraNet remains committed to the State's long term need for an electricity transmission service that is safe, provides security of supply, is capable of meeting growing electricity demand, and is reliable, efficient, responsive and sustainable. 52-55 East Terrace, Rymill Park, Adelaide SA 5000 Ph: +61 8 8404 7966 Toll Free: 1800 243 853 Web: www.electranet.com.au Mobile Web: m.electranet.com.au KKN ELEE 100238 Electricity. We move it.