Mining in the Territory: Cutting Red Tape
Image: NT Department of Industry and Resources. BY CAMERON DRUMMOND SPURRED on by rising commodity prices and booming battery-affiliated raw material markets, the Northern Territory is seeing a marked rise in exploration and the number of projects moving towards development. ON the back of a global increase in demand for raw materials the NT Government is wasting no time reforming its mining industry processes to make the region more attractive for investment. Behind construction, the resources sector is the top end’s second biggest industry, accounting for about 13 per cent of gross state product (GSP). NT Resources minister Ken Vowles said mining and exploration remained a “key element” of economic development and employment in remote and regional areas, as the…