NSW Government rules out commercial offshore exploration and mining
Offshore exploration and mining for commercial purposes will be ruled out in NSW under a landmark policy introduced by the NSW Government.
Deputy Premier and Minister responsible for Resources Paul Toole today announced the NSW Government will not support commercial applications for offshore mineral, coal, or petroleum exploration or mining, in or adjacent to, NSW coastal waters.
Mr Toole said any offshore exploration or mining will be limited to tackling coastal erosion through beach renourishment, where a clear public benefit exists.
“NSW has some of the world’s most spectacular coastlines which support local industries and make them a great place to live and visit, and we want that to continue for future generations,” Mr Toole said.
“This policy recognises that our coastal ecosystems are complex and sensitive and formalises our long-held view that the NSW Government will not support offshore exploration or mining for commercial purposes.
“While our coastline will be off-limits for commercial operators, exploration and the potential mining of sand will remain an option to address coastal erosion and restore sand to beaches, such as the work already being carried out at Newcastle’s Stockton Beach.”
Mr Toole said the NSW Government remains committed to delivering a responsible and balanced approach to the development of the state’s resources.
“We’ve provided certainty to the NSW onshore coal sector, which remains a key employer and on track to deliver record royalties, and we’ve unveiled a strategy to grow the local critical minerals and advanced manufacturing sectors,” Mr Toole said.
“We also have a very clear vision for onshore gas exploration and production, providing certainty for regional communities and industry alike.
“This is another way we are shaping a stronger and more sustainable sector and providing greater confidence for investors and clarity to both industry and regional NSW communities.”