Minister Jones Promotes New Zealand's Natural Resources on Global Stage

Strategic Insights -

Resources Minister Shane Jones is leading a campaign to attract international investment and collaboration in New Zealand's natural resources. As part of this effort, he will attend the International Mining and Resources Conference (IMARC) in Sydney, Australia, and two major geothermal conferences in the United States. Jones emphasizes the government's commitment to creating a productive mining sector and promoting the country's geothermal energy potential.

Key Takeaways:

  • The New Zealand government is prioritizing the development of its natural resources, with a focus on attracting international investment and collaboration.
  • The country is experiencing a "resource renaissance" with strong growth in permit applications, driven by interest in gold and other minerals.
  • The government has implemented policy settings to support an enduring, productive mining sector.
  • New Zealand will return to IMARC as an exhibitor, supported by local operators keen to collaborate with new partners.
  • Minister Jones will promote New Zealand's supercritical geothermal energy exploration and its potential to deliver several times the power output of conventional geothermal.
  • The minister will also call for responsible operators to partner with the government to realize the country's minerals potential.

Statistics:

  • Strong growth in permit applications, driven by interest in gold and other minerals, is a key indicator of the resource renaissance in New Zealand.
  • The government has put in place policy settings to support an enduring, productive mining sector.
  • New Zealand's geothermal energy exploration targets doubling production by 2040 for electricity generation and direct heat applications.
  • Supercritical geothermal energy has the potential to deliver several times the power output of conventional geothermal.

Sources:

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