Overview

Blessed with rich, natural assets, South Australia has provided minerals and energy resources to the world for more than 150 years.

The state has a diverse and resilient mining sector headlined by significant deposits of copper, gold, iron ore, uranium, graphite and mineral sands. We are home to one of the world’s biggest copper, gold and uranium mines, Olympic Dam, and one of Australia’s significant copper-gold mines at Prominent Hill.

In the energy space, we are home to Australia’s largest onshore oil and gas province. The mature Cooper and Eromanga Basins already produce significant petroleum resources and the less-explored Bight Basin provides a new frontier for investment.

South Australia also has world-class natural resources that are increasingly attracting investors in wind power, solar, geothermal and wave energy.

These vast natural resource assets are underpinned by a supportive, stable State Government, a highly skilled workforce and a respected regulatory framework creating an environment for low-risk, sustainable investment.

A new A$550 million comprehensive energy plan announced by the State Premier, Jay Weatherill, in February 2017 will create a number of opportunities in the energy sector. The plan will enable the state to lead Australia’s transformation to the next generation of renewable energy storage technology and create an international reputation in high-tech industries.

The government will establish a A$150 million fund to support projects that make renewable energy available 24/7, to provide power when needed. The Renewable Technology Fund will provide A$75 million in loans and A$75 million in grants. The first project will be a grid-connected battery, the largest in Australia, to provide 100 megawatts of storage.

The state government is also investing to unlock more of South Australia’s abundant gas resources. It will provide an extra A$24 million for a second round of funding under the Plan for Accelerating Exploration (PACE), which is now open. See Our Energy Plan 2017 for more information.

Invest for a state naturally rich with opportunity

 

In South Australia, you’ll find:

  • 25% of the world’s and 80% of Australia’s uranium resources
  • 68% of Australia’s economic demonstrated resources of copper
  • A long term strategy to triple copper production and export more than $8 billion a year within two decades
  • 41% of Australia’s wind power
  • Support for exploration through the highly successful Plan for Accelerating Exploration (PACE)
  • Key targets for investment in low carbon energy generation and electricity production by renewable energy sources
  • A globally-regarded robust and effective regulatory framework for oil and gas resources.
  • Award winning SARIG online application providing vital geological and geospatial information
  • South Australian Drill Core Reference Library, which hosts geological samples recovered from over 130 years of exploration for minerals and energy resources
  • The Mining and Petroleum Services Centre of Excellence which supports the development of local supply chains to provide high value-added products and services to the resources sector

Download a copy of our Minerals and petroleum brochure

Contact:

Robert Demarco
Ph: +61 8 8303 2423
Mobile: +61 417 889 643
Email: robert.demarco@sa.gov.au

Key Downloads

  • Minerals and Petroleum. South Australia, naturally rich with opportunity
    PDF - 3 MB
    Download
  • Renewable Energy: investment opportunities in South Australia
    PDF - 2 MB
    Download
  • South Australian Mining Investment Guide
    PDF - 5 MB
    Download
  • Roadmap for unconventional gas projects in South Australia
    PDF - 32 MB
    Download
  • Our Energy Plan 2017
    PDF - 2 MB
    Download

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