Australian minerals should be processed at home: Palmer
Australia is failing to maximise revenue from its prized mineral resources by continuing to send unprocessed ores overseas, according to the Chairman of the United Australia Party, Clive Palmer.
“Australia’s rich mineral resources are being squandered,” Mr Palmer said.
“We can create thousands of jobs and turbo-charge our exports by processing our mineral resources in Australia, leading to enormous revenue injections and better schools and hospitals.”
“Australia is failing to maximise revenue from its prized mineral resources by continuing to send unprocessed ores overseas.
“The United Australia Party’s downstream processing policy will see more stages of the mining process happen on Australian soil rather than offshore, resulting in much higher returns, along with stimulants for both economic growth and job creation,” Mr Palmer said.
“We can use Australia’s mineral resources to kick-start our economy by setting up downstream processing in the states such as South Australia and Victoria that are not resource rich.
“For too long we’ve treated our mineral-rich states like quarries where their resources have been taken for granted and shipped off to places like Japan and China,” he said.