Western Australia Trims State-wide Fracking Ban

Western Australia Trims State-wide Fracking Ban

The ban has been slightly relaxed, but fracking is still not permitted over 98 percent of the state, leaving oil and gas proponents unhappy.

Western Australia has slightly softened its previous state-wide ban on hydraulic fracturing — also referred to as fracking — with the announcement that it will be permitted in select areas.

The news came in a midday announcement on Tuesday (November 27), with the state government explaining that the ban will be lifted on existing onshore petroleum titles following a scientific inquiry to prove it will be a low-risk endeavor.

Fracking will not be permitted over 98 percent of the state, and the existing ban over the South-West, Peel and Perth metropolitan regions remains in place.

Environmental Protection Authority (EPA) Chairperson Tom Hatton conducted a 12-month independent inquiry leading up to the announcement, from which he made 44 recommendations to the fracking regulatory regime.

The recommendations include no fracking within 2 kilometers of public drinking water source areas, towns, settlements or residents. In addition, all fracking projects will require an EPA assessment.

Western Australia’s government intends to implement all of the recommendations from the inquiry before granting any future fracking production approvals.

“Banning fracking on existing petroleum titles after the scientific inquiry found the risk from fracking is low, would undermine Western Australia’s reputation as a safe place to invest and do business,” Western Australia Premier Mark McGowan said.

McGowan also highlighted the state government’s new move that gives landowners and farmers the right to say no to oil and gas production from fracking on their land.

“This is a balanced and responsible policy that supports economic opportunity, new jobs, environmental protection and landowner rights,” he said.

Western Australia’s Chamber of Minerals and Energy (CME) was less than enthused about the move, calling the decision a “missed opportunity” for domestic gas supply.

“We have already had 13 hydraulic fracturing inquiries in Australia, including a very thorough investigation by the WA Parliament just three years ago. Like all of the others, it found no evidence to support activist demands that hydraulic fracturing must be banned,” CME Chief Executive Paul Everingham said in a statement.

“Today’s announcement is a missed opportunity to tap into WA’s potentially massive shale and tight gas assets and provide the WA community with a greater domestic gas supply,” he added.

Australia’s Northern Territory opted to lift its own moratorium on fracking in April of this year; according to the CME statement, at least $200 million worth of potential investment was lost or delayed while the ban was in place.

Don’t forget to follow us @INN_Resource for real-time updates!

Securities Disclosure: I, Olivia Da Silva, hold no direct investment interest in any company mentioned in this article.

Hastings Technology Metals Ltd Measured and Indicated Mineral Resource Tonnes Up by 54%

Perth, Australia (ABN Newswire) – Australia’s next rare earths producer, Hastings Technology Metals Ltd (ASX:HAS) (FRA:5AM), is pleased to announce a material increase in Mineral Resource Estimate at its Yangibana Rare Earths Project (Yangibana) in Western Australia’s Gascoyne region.


– Measured and Indicated Mineral Resource tonnes increased by 54% to 16.3Mt for Yangibana deposits drilled during 2020.

Keep reading... Show less

ASI certifies Rio Tinto’s ISAL smelter for responsible production

Rio Tinto’s ISAL smelter in Iceland has been certified by the Aluminium Stewardship Initiative (ASI) for meeting the highest internationally recognised standards for responsible aluminium production.

The certification continues Rio Tinto’s leadership of the industry on responsible aluminium production from mine to metal, and means customers can be assured aluminium produced at ISAL meets independent environmental, social and governance standards.

Keep reading... Show less

Rio Tinto updates details of tailings facilities

Rio Tinto today released updated information in relation to its global tailings facilities to align with the requirements of the Global Industry Standard for Tailings Management (GISTM) released in August 2020, an initiative co-convened by the International Council on Mining and Metals, United Nations Environment Programme and the Principles for Responsible Investment.

The latest disclosure at http://www.riotinto.com/tailings builds on previously disclosed information on each of Rio Tinto’s global tailings facilities released in June 2019 and the publication of Rio Tinto’s Group Procedure and updated Standard for ‘Management of tailings and water storage facilities’ in February 2019. The changes to existing data are in line with guidance contained in GISTM including updating information previously disclosed.

Keep reading... Show less

Hastings Technology Metals Ltd Quarterly Activities Report

Perth, Australia (ABN Newswire) – Australia’s next rare earths producer, Hastings Technology Metals Ltd (ASX:HAS) (FRA:5AM) is pleased to report on exploration and development activities for the three-month period to 31st March 2021. Most of the activity focused on the Company’s Yangibana Rare Earths Project (“Yangibana”) in the Gascoyne region of Western Australia.


– Hastings raised $100.7 million (before costs) through a two-tranche equity placement priced at $0.19 per share, with funds to be used to advance development of the Yangibana Rare Earths Project.

Keep reading... Show less

Argyle Diamond Mine Closure: What’s Next for the Sector in Australia?

Click here to read part one of this article, which covers the closure of the Argyle diamond mine.

When the mining equipment permanently shut down at Western Australia's Argyle mine in November 2020, the country's diamond sector entered a transitional period.

As the world's fourth largest diamond-producing asset shuttered, domestic output of the gems instantly declined by as much as 90 percent.

Keep reading... Show less

Top News

Related News