QLD

The minerals exploration sector underpins the sustainability and growth of the mining industry which is considered by many to be the ‘engine room’ of the Australian economy. Queensland is rich in natural resources of metallic and non-metallic minerals and is recognised globally as a leading destination for mining and resources investment. Its diverse geology and massive resource potential place it in the world’s top five regions for the production of lead, bauxite, zinc and silver.

The minerals industry makes a significant contribution to the Queensland economy. Queensland earns royalties from the extraction of coal, base and precious metals, bauxite, petroleum and gas, mineral sands and other minerals.

The importance of minerals to the region was reinforced by the Queensland Goverment’s announcement early in 2023, that it will build Australia’s first critical minerals demonstration facility in Townsville.The $75M facility will be built at Cleveland Bay Industrial Park, and will be expanded to enable processing of not only vanadium, but a range of critical minerals like cobalt and rare earth elements, helping to accelerate the growth of the critical minerals industry and creating employment opportunities in the
region.

Representing explorers and miners throughout the state,  AMEC works with the Queensland Government to drive exploration, improve international competitiveness, create jobs and attract mining and mineral exploration investment.