CopperString2.0 has welcomed Mines Minister Dr Anthony Lynham who participated in a meeting of the project's reference group by video conference on Friday.
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The North Queensland Sustainable Resources Reference Group promote the linkages between the CopperString transmission line and sustainable resource development across the north and North-west with representatives from local Governments, business and community leaders.
RRG chair Tony McGrady said Friday's meeting was very positive as it was a great opportunity to listen to Minister Lynham's optimistic view about the growth potential of the North West Minerals Province and discuss the Queensland Government's $14.8 million development funding allocation for the project.
"I look forward to using the great support the CopperString project is getting from the resource companies, from local, state and federal governments, business representatives and the local communities to deliver the project and begin construction in 2021," Mr McGrady said.
CopperString founder John O'Brien said the project was progressing with approvals and its aim was to provide cheaper power for the North West Minerals Province by connecting up to the national grid.
"CopperString will be a critical piece of energy infrastructure for North and North West Queensland because cheaper power will drive the minerals and industrial manufacturing sector in North Queensland forward and unlock "A-Grade" renewable energy resources to underpin the rapid de-carbonisation of the North and North West Queensland regional industrial economy, Mr O'Brien said.
CopperString say they expect to lower the cost of electricity in the NWMP by up to 40%, making Queensland's minerals resource sector more globally competitive, creating more jobs, and attracting more investment.
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