MTA-AUS 2014

CONEXPO-CON/AGG VIP SHOW GUIDE contains Floor Plans and a complete listing of companies exhibiting at the ConExpo-Con/Agg 2014 trade show in Las Vegas March 3-7, 2014. It also contains 2014 forecasts for the Aggregate, Concrete and Cement industries

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Page 46 of 87

MINING & TECHNOLOGY AUSTRALIA 2014 | ISSUE 8 45 IT IS RECOGNISED AND ACCEPTED BY MANY THAT South Australia remains on the cusp of an unprecedented "once in a lifetime" economic opportunity driven by a mining boom that has seen several new mines commence operations and many more potential mines being investigated across the state – mines of varying sizes – large and small – collectively producing high volumes of concentrates and ores – across a broad range of mineral products – iron, copper, gold, silver, uranium, nickel and mineral sands to name a few. The unconventional gas sector also represents a great opportunity for development in South Australia. The future of the South Australian mining industry remains bright but the many and varied opportunities that are presenting themselves require collaborative eforts between industry and governments at all levels to put the necessary infrastructure and regulatory regimes in place if we are to bring this great potential to fruition. The deferral of BHP Billiton's Olympic Dam expansion project (OD) left many wondering about the future of mining in South Australia. While the OD project is economically signifcant for the state and the nation, the proposed freight task is not huge, with estimated two-way loading of 12mtpa (excluding the project cargo task). From a freight volumes perspective the project delay does not represent a catastrophic event as there are many other mines that have either opened or are being scoped which promise to bring opportunities for the transport and logistics sector and the community in general. Many new South Australian mines and mining projects remain under investigation, and are forecast to move into operational phases over the next decade. Exploration activity in South Australia continues to boom with combined minerals and petroleum exploration spending for the 2012/13 fnancial year remaining above $600 million. The upshot from a transport and logistics perspective is that as exploration activity translates into new mines coming on stream there will be great opportunities for the state's trucking, rail, air and shipping industries. Nonetheless, the South Australian Freight Council (SAFC) believes that for South Australia's mining industry to achieve its maximum growth potential it requires the development of efcient and cost-efective freight transport infrastructure. SAFC is the state's peak, multi-modal industry group that advises both the federal and state governments on industry-related issues, and is funded by both governments. It represents road, rail, sea and air freight modes and operations, and assists the industry on issues relating to freight logistics across all modes. New and existing mines, especially those producing iron ore, will require signifcant road and rail transport infrastructure investment in order to move outputs to new and existing ports and processing facilities, and workers and supplies (fuel, food and mining inputs) back to the mine efciently. The Commonwealth and state governments have collectively funded $2.12 million to develop detailed, regionally-specifc infrastructure plans which focus on SERVICES & INFRASTRUCTURE South Australia's transport and logistics future requires collaboration The future of the South Australian mining industry remains bright but the many and varied opportunities that are presenting themselves require collaborative efforts between industry and governments at all levels, writes Neil Murphy.

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