Uncertainty for industry as popular Mining Minister steps aside

The future of key resource projects hang in the balance after the Mining Minister stepped away from the front bench. Read how industry heavyweights have reacted.

The mining industry has reacted to instability within the NT government and its potential impact on the economy.

Mining Minister Nicole Manison, who had impressed the sector with her willingness to engage and consult with stakeholders, has quit Labor’s frontbench including the Mining portfolio and is expected to leave parliament.

The NT Minerals Council hopes the change will not negatively impact the sector.

In a letter sent to members this morning, Minerals Council NT chief executive Cathryn Tilmouth noted the “embattled” government’s leadership changes.

Cathryn Tilmouth executive director NT Minerals Council

“As they say, a week is a long time in politics and no jurisdiction better proves the adage than the NT,” Ms Tilmouth wrote.

“On Tuesday, Natasha Fyles resigned as Chief Minister following an embattled period pertaining to undeclared interests. Fyles will move to the backbench.

“Following the resignation, last night Eva Lawler has been selected by caucus as the new Chief Minister, Chansey Paech will become the Deputy Chief Minister, replacing Nicole Manison.

“Unfortunately for our industry, Nicole Manison has now decided to step down from cabinet.

“A cabinet reshuffle is expected, but there have not yet been any announcements as to who will take over the Mining or Major Projects portfolios.”

Ms Tilmouth said Ms Manison had been good for the mining industry.

“We’re disappointed to lose her but respect her choices,” she said.

“She was a strong advocate for the mining industry and understood its importance to the Territory.

“We look forward to working with the Lawler government and the new Mining Minister, when appointed, in continuing Manison’s endeavour to grow the industry to better the NT.”

Industry figures are concerned that political instability will cap off what’s been a frustrating 12 months for the Territory’s resources sector.

Legal action has stalled commencement of work on Santos’ Barossa gas project and despite best intentions, the Arafura Rare Earths project has not reached final investment decision as was hoped.

As well, her resignation has cast doubt on the government’s plan to amend mining royalties from a hybrid model to a simpler ad valorem system.

The mining sector supports the changes but some are concerned the new leadership team will put the changes on hold.

Ms Manison oversaw the mineral development taskforce review which was generally praised by industry and supported the Barossa gas project and onshore gas developments at the Beetaloo Basin.

Unlike most NT mining ministers, Ms Manison had the unusual distinction of actually opening a mine when she opened Core’s Finniss lithium prospect in 2022.

There are currently only eight operating NT mines, with two expected to close by 2030.

There are 125 operating mines in WA and about 150 in Queensland.