Mining, oil and gas

Australia’s resources sector, a strong economic performer.

Our resources, mining, equipment, technology and services sectors are some of Australia’s strongest economic performers.

They generate more than half of Australia’s goods exports and provide significant opportunities including:

  • economic wealth
  • jobs and high wages
  • Investment and tax revenues
  • high-quality reserves of several mineral and energy commodities
  • a skilled, experienced workforce
  • innovative technologies
  • best practice regulations and operations that bolster business and encourage investment.

Social, economic and technological transformation presents new challenges for the sector. Future success relies on working smarter, safer, cleaner and more efficiently than our competitors.

Supporting a strong resources sector

We develop policy, programs and regulations to:

  • support sustainable development of the resources sector
  • increase investment
  • encourage innovative, clean energy and low-emissions technologies
  • support the transition to net zero.

Minerals

We are committed to growing Australia's role as a reliable, sustainable and globally competitive supplier of energy and mineral exports.

Oil and gas

We develop policy, regulations and interventions to support Australia’s oil and gas industry and supply.

Offshore greenhouse gas storage

We regulate greenhouse gas (GHG) storage in Australian Commonwealth waters.

Taxes, royalties and export controls on minerals and petroleum

Companies that extract mineral and petroleum resources must pay taxes and royalties. Minerals exporters must meet requirements.

Free trade agreements

We represent and advocate for industry and the resources sector by negotiating and implementing free trade agreements.

METS Industry Growth Centre

The METS growth centre works with Australian mining industry suppliers, global miners, researchers and capital providers to improve competitiveness and productivity of the sector.

Supporting net zero transformation

We’re helping to ensure the resources sector contributes to our international decarbonisation commitments.

Planning for gas to 2050

The Future Gas Strategy will help governments, industries and communities make decisions about gas and support Australia, and our region’s, transition to net zero.

Resources Methane Abatement Fund

This program advances new technologies that reduce and remove methane gas from Australia’s coal and gas industry.

Greenhouse gas storage exploration

The GHG acreage release ensures companies explore offshore carbon capture and storage opportunities in a structured, transparent and well-regulated way.

Participating in forums

The Australian Government participates in a number of intergovernmental initiatives and forums to exchange information and expertise. 

We regularly consult with Australia’s major trading partners, industry and stakeholders to help identify commercial opportunities for Australian businesses and encourage trade and investment. We also have resources-focused counsellors overseas. These representatives help strengthen our trade and investment relationships in their host countries.

Latest news

Close up image of semiconductor silicon wafer with text ‘Grant opportunity - International Partnerships in Critical Minerals Program – applications now open’.
Critical Minerals Office

$40 million to support critical minerals projects in Australia

International Partnerships in Critical Minerals grants will provide co-funding for Australian projects. Applications now open.
Photo of a platform on the Northern Endeavour with the logo and ocean in the background.

Northern Endeavour decommissioning recycling and disposal: request for information

We’ve released a request for information (RFI) to inform the recycling and disposal of the Northern Endeavour vessel. The RFI documents are available on AusTender.
Surface of the sea

Consultation requirements for offshore oil and gas activities: have your say

Tell us how we can make consultation requirements clearer for titleholders and the community. Have your say by 8 March 2024.
Mine workers talking with mining vehicle in the background
Critical Minerals Office

Critical minerals and rare earths research projects receive $22 million

The Australian Government is funding 3 innovative research projects through the Australian Critical Minerals Research and Development Hub.
Gas storage facility

Gas supply and demand outlook for 2024 quarter 2

The Australian Government will not activate the Australian Domestic Gas Security Mechanism (ADGSM) for the April to June 2024 quarter.

Data and advice from our portfolio agencies

Geoscience Australia

Applying geoscience to Australia's most important challenges.

CSIRO

Supporting Australia’s mining and resources industry through innovative science and technology.