New CRC will help maximise community benefits of minerals development

The establishment of the Transformation in Mining Economies Co-operative Research Centre (CRC-TiME) announced today by the Minister for Industry, Science and Technology the Hon. Karen Andrews MP will build on significant investments in science, innovation and community partnerships by the world-leading Australian minerals industry.

The minerals industry is proud to be an active partner of communities across regional Australia. Working in partnership with host communities and regions, the industry supports shared and sustainable benefits from minerals development.

Mining is good for Australia's regional communities, with the Productivity Commission reporting in 2017 that mining regions continue to have higher incomes and much greater employment than prior to the mining investment boom - and that the benefits created by mining will continue into the future.

The industry is also committed to continuous improvement in its safety, environmental and social performance including support for sustainable land use outcomes after mining and contributing to strong and resilient host communities.

The CRC will provide significant benefits to industry and mining communities through a coordinated, strategic approach to long term research on mine closure and increasing regional investment in post mine land use and infrastructure, bring forward rehabilitation and re-use for agriculture.

The MCA has supported CRC-TiME to show leadership and commitment by Australian industry to maximise the long-term benefits of minerals development for local communities, Australia and other mining communities overseas.

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