{"id":8433,"date":"2023-09-21T08:39:33","date_gmt":"2023-09-20T22:39:33","guid":{"rendered":"https:\/\/yinghuiinternational.com\/?p=8433"},"modified":"2023-09-30T07:57:41","modified_gmt":"2023-09-29T21:57:41","slug":"8433","status":"publish","type":"post","link":"https:\/\/yinghuiinternational.com\/index.php\/2023\/09\/21\/8433\/","title":{"rendered":"Record mineral exploration in Tasmania"},"content":{"rendered":"\n

<\/h1>\n\n\n\n

\"\"KELSIE HARFORD<\/a><\/p>\n\n\n\n

\"\"\/<\/figure>\n\n\n\n

Mineral exploration expenditure in Tasmania has hit a new record, with the latest Australian Bureau of Statistics (ABS) figures showing $43.1 million was spent in the 2023 financial year.<\/p>\n\n\n\n

The jump marks a 31 per cent boost in mineral exploration in the state, which Tasmanian minister for resources Felix Ellis said<\/a> is the highest level on record.<\/p>\n\n\n\n

\u201cThe mining and mineral processing sector is a key pillar of the economy and contributes more than $2.8 billion a year in exports and supports more than 5800 jobs,\u201d he said.<\/p>\n\n\n\n

\u201cWe know the world will need the key and critical minerals that Tasmania has to help power the global shift to renewable energy and to support defence manufacturing.\u201d<\/p>\n\n\n\n

Ellis pointed to programs like the Tasmanian Government\u2019s exploration drilling grant initiative (EDGI) and geoscience initiative as examples of its commitment to growth in the industry.<\/p>\n\n\n\n

\u201cThe EDGI grants provide co-funding for greenfield targets that may lead to the discovery of Tasmania\u2019s next new mine,\u201d he said.<\/p>\n\n\n\n

\u201cSince the program began, there have been eight rounds released, with funding provided facilitating more than 16,000 meters of drilling.<\/p>\n\n\n\n

\u201cIt is pleasing to see that the greenfield exploration investment of $5.3 million is the highest in a decade.<\/p>\n\n\n\n

\u201cThe $2 million geoscience initiative is providing new data to underpin and de-risk the next generation of mineral exploration.\u201d<\/p>\n\n\n\n

Resource production is ramping up in Tasmania with a recent feasibility study between the Tasmanian Government and the Rotterdam Port Authority marking the state as a potential green hydrogen powerhouse.<\/a><\/p>\n\n\n\n

The state hopes to begin exporting green hydrogen by 2030, with the study confirming conditions in the island State for production, domestic use and export are world-class.<\/p>\n","protected":false},"excerpt":{"rendered":"

KELSIE HARFORD Mineral exploration expenditure in Tasmania has hit a new record, with the latest Australian Bureau of Statistics (ABS) figures showing $43.1 million was spent in the 2023 financial year. The jump marks a 31 per cent boost in mineral exploration in the state, which Tasmanian minister for resources Felix Ellis said is the highest level on … Continue reading “Record mineral exploration in Tasmania”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[180,7],"tags":[],"class_list":["post-8433","post","type-post","status-publish","format-standard","hentry","category-go-australia","category-news"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/s83F9T-8433","jetpack-related-posts":[{"id":3155,"url":"https:\/\/yinghuiinternational.com\/index.php\/2018\/09\/27\/hail-victoria-the-new-five-year-state-plan-for-mining\/","url_meta":{"origin":8433,"position":0},"title":"Hail Victoria: The new five-year state plan for mining","author":"yinghui","date":"September 27, 2018","format":false,"excerpt":"Australian Mining\u00a0looks over the latest mineral resources strategy from the Victorian Government, which aims for a spend of $220 million over the next five years. 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