THE NSW Government must continue working with the community, industry and stakeholders as it develops the NSW Coal and Gas Strategy to ensure that the future growth of the State’s coal mining industry, a cornerstone of the NSW economy, is appropriately managed.
As coal demand is forecast to grow over coming years, the State’s coal industry is already its number one merchandise export earner, worth $11.2 billion in 2009-10, comprising 35 per cent of total NSW exports by value. It employs 19,000 people directly, 82,000 indirectly and along with other minerals is expected to contribute $6.8 billion in royalties to the NSW Government over the next four years.
NSW Minerals Council Acting CEO Sue-Ern Tan said the coordinated development of the Strategy was critical to guide future expansion and would require real leadership from Government to properly identify, define and prioritise issues so that appropriate responses can be developed.
“We all need to be confident about what the future holds and be certain that the growth of an industry that underpins our economy is being managed with our communities in mind and our cumulative impacts addressed. We have much to contribute and it is up to our political leaders to get the balance right,” Ms Tan said.