9:05 am today

Minerals potential mapped: now what?

From Nine To Noon, 9:05 am today

A new report by GNS maps the country's potential for new mining.

Minister of Resources Shane Jones hopes the information will spark new investment in the sector.

The report combines various geological studies to map the country's mineral deposits, to identify which parts are potentially available in the short, medium or longer term.

Shane Jones wants to double the country's mining sector exports value by 2035.

As well as mapping locations, today's report will help inform a 'critical minerals list' the government intends to draw up in the coming months.

It will identify which of the most globally critical minerals might be extracted in New Zealand.

The likes of antimony, used in the production of key technologies like batteries and semiconductors or vanadium also needed for batteries but also wind turbines are both highlighted.

Shane Jones speaks to Kathryn about the new report and where it takes his Government's minerals strategy.

Coal open pit mine. In background blurred loading anthracite minerals excavator into large yellow truck.

Photo: 123rf