Premier Meets Global Mining Leaders to Boost Jobs and Investment

Tasmanian Government

Premier Jeremy Rockliff has met with senior executives from the parent companies behind three of Tasmania's largest mining operations, reinforcing the Government's plan to position Tasmania as a globally competitive destination for resources investment, regional jobs and economic growth.

The meetings brought together representatives from MMG, owner of the Rosebery Mine, Grange Resources, operator of the Savage River Iron Ore Operations, and Bluestone Mines Tasmania Joint Venture, backed by Metals X and Yunnan Tin, owners of the Renison Tin Mine.

The discussions highlighted the significant investment being made across Tasmania's West Coast, with hundreds of millions of dollars of global capital supporting the future of the State's mining industry.

Grange Resources recently approved its $287 million North Pit Underground Project at Savage River, extending mine life and supporting ongoing operations and employment into the next decade.

At Renison, Bluestone Mines Tasmania Joint Venture has invested in new paste fill and water treatment infrastructure and is progressing the major Rentails Tailings Retreatment Project, which is expected to create up to 400 construction jobs and around 75 ongoing operational jobs while unlocking additional mineral value from historic tailings resources.

Meanwhile, MMG continues to invest millions in the future of the Rosebery Mine, one of Australia's longest-running underground mining operations, employing more than 700 workers and contractors and pursuing mine-life extension initiatives to support operations for decades to come.

Premier Jeremy Rockliff said Tasmania's resources sector remains a pillar of the State's economic future.

"Tasmania's resources industry has been building our regional communities for generations and continues to play a vital role in creating jobs, supporting families and driving economic growth," Premier Rockliff said.

"The confidence these companies continue to show in Tasmania through ongoing investment is a testament to the quality of our workforce, the strength of our mining sector and our reputation as a stable and attractive place to do business.

"From critical minerals and tin to iron ore and base metals, Tasmania is supplying the resources the world needs, while creating long-term opportunities for regional communities across our State.

"The reopening of Mt Lyell, together with ongoing investment and expansion plans across Rosebery, Savage River and Renison, demonstrates the confidence global mining companies have in Tasmania's future.

"Our 2030 Strong Plan for Tasmania is focused on growing a resilient economy, creating secure regional jobs and attracting the investment needed to keep communities on the West Coast and across Tasmania strong for generations to come."

The meetings formed part of a broader engagement program with investors and industry leaders during his visit to Asia.

In Hong Kong, a roundtable was held with major investors and business leaders to showcase Tasmania's strengths as a place to invest, grow and do business.

"The message was clear: Tasmania has world-class resources, renewable energy advantages, highly skilled workers and a Government committed to backing industry, growing the economy and creating jobs," Premier Rockliff said.

"Whether it is mining, advanced manufacturing, renewable energy or emerging industries, Tasmania is well placed to attract the investment that will help secure our economic future."

The Premier said continued investment in operations such as the Rosebery Mine, Savage River Iron Ore Operations and Renison Tin Mine would help underpin economic activity across the West Coast and North West for years to come.

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