The NSW mining sector has been put on show in Sydney, highlighting key technologies to more than 7,500 delegates from across the globe at the International Mining and Resources Conference (IMARC).
Deputy Premier and Minister responsible for resources Paul Toole said the event had been so successful, it would return to the Harbour City in 2023.
“It has been a massive week for mining in NSW and an exciting time for our State to spruik our globally significant deposits of critical minerals and capitalise on their increasing demand across the world,” Mr Toole said.
“This year NSW secured IMARC – the biggest event on the mining calendar – for the first time in its history and I’m pleased to say this event has led to a $17 million boost to the State’s economy”.
Mr Toole said IMARC helped to connect global mining leaders, Government, innovators, and educators from more than 100 countries.
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“We took advantage of this opportunity to showcase what NSW has to offer through our Critical Minerals Investment Showcase and the launch of the updated NSW Mining Investor Register which connects 15 investment-ready projects with both domestic and international investors,” Mr Toole said.
“Exciting things are happening in the critical minerals and high-tech metals sector and NSW is ideally placed to be a global leader when it comes to developing emerging technologies for key defence, medical and aerospace industries.”
Celebrating the win, Business Events Sydney CEO Lyn Lewis-Smith said securing the event for a second year is a major coup for Sydney.
“This is great result for Sydney, and is a testament to what can be achieved when industry and government come together in a truly collaborative partnership around a shared goal to build industries of the future,” Ms Lewis-Smith said.
Mr Toole said NSW is experiencing an ‘exploration boom’.
“We expect this ‘boom’ to translate into significant growth in the mining sector so now is a great time to invest in an industry that contributes billions of dollars in economic activity, tens of thousands of jobs and is the lifeblood of many of our regional communities,” Mr Toole said.