Minerals Council proposes use of AI for mining approvals

The West Australian

Yesterday

Using artificial intelligence in the environmental regulatory decision-making process will help reduce delays in mining project approvals, the Minerals Council of Australia says.The council on Monday ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2621855360"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2621855360\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2621855360?lang=en_US&edition=fundamental","thumbnail":"https://images.thewest.com.au/publication/C-22033221/8fea48684e4135804488811c2fe5d4968adbe6cf.jpg","is_english":true,"pubTime":"2026-03-23 18:00","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2621855360","market":"hk","top_or_hot":-1,"title":"Minerals Council proposes use of AI for mining approvals","media":"The West Australian","content":"<div>\n<p>Using artificial intelligence in the environmental regulatory decision-making process will help reduce delays in mining project approvals, the Minerals Council of Australia says.The council on Monday ...</p>\n\n<a href=\"https://thewest.com.au/news/regional/minerals-council-proposes-use-of-ai-for-mining-project-approvals-c-22033221\">Source Link</a>\n\n</div>\n","source":"thewest_stock","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Minerals Council proposes use of AI for mining approvals</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMinerals Council proposes use of AI for mining approvals\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-03-23 18:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thewest.com.au/news/regional/minerals-council-proposes-use-of-ai-for-mining-project-approvals-c-22033221><strong>The West Australian</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Using artificial intelligence in the environmental regulatory decision-making process will help reduce delays in mining project approvals, the Minerals Council of Australia says.The council on Monday ...</p>\n\n<a href=\"https://thewest.com.au/news/regional/minerals-council-proposes-use-of-ai-for-mining-project-approvals-c-22033221\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4109","symbol_name":"特种化学制品","start_time":0,"source_url":"https://thewest.com.au/news/regional/minerals-council-proposes-use-of-ai-for-mining-project-approvals-c-22033221","article_id":"2621855360","we_media_id":null,"thumbnails":["https://images.thewest.com.au/publication/C-22033221/8fea48684e4135804488811c2fe5d4968adbe6cf.jpg"],"rights":{"source":"thewest_stock","url":"https://thewest.com.au/news/regional/minerals-council-proposes-use-of-ai-for-mining-project-approvals-c-22033221","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2621855360","pubTimestamp":1774260000,"columns":[],"sourceInfo":{"source_id":"thewest_stock","name":"The West Australian"},"weMediaInfo":null,"summary":"Using artificial intelligence in the environmental regulatory decision-making process will help reduce delays in mining project approvals, the Minerals Council of Australia says.","collect":0,"end_time":0,"defaultTopTitle":"thewest.com.au","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4109":"特种化学制品","XJO.AU":"标普/澳交所 200指数","MTX":"Minerals Technologies Inc","XKO.AU":"标普/澳交所 300指数","XAO.AU":"标普/澳交所 普通股指数"},"translate_title":"矿产委员会提议使用人工智能进行采矿审批","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"XJO.AU":0.82,"XAO.AU":0.82,"MTX":1.5,"XKO.AU":0.82},"content_text":"Using artificial intelligence in the environmental regulatory decision-making process will help reduce delays in mining project approvals, the Minerals Council of Australia says.The council on Monday proposed that the Federal Government make a $13 million investment in a three-year pilot program to embed AI into decision-making, claiming there was the potential for a long-term benefit of up to $1 billion.Council chief executive Tania Constable said delays in Environment Protection and Biodiversity Conservation Act approval processes were a handbrake on the economy, creating severe bottlenecks for job-creating developments.The council said multiple mining projects, more than 5000km of transmission lines, and 26,000 homes were caught up in an approvals backlog.It said an increase in average decision times for resources projects of 60 per cent from 2.3 years in 2019 to 3.8 years in 2025 was creating uncertainty, costing the Australian economy billions of dollars and eroding investor confidence.The council said the proposed pilot would cut through inefficient manual document reviews, inconsistent application of conditions, and repeated lengthy requests for information by using AI to deliver fairer and more predictable outcomes, enabling regulators to focus effort on the most complex and high-risk approvals.It said AI tools such as an interactive submissions coach for project proponents, a pre-submission quality check, geospatial data integration and tracking, and a risk comparison capability would reduce proponent errors in applications, eliminate duplication, and support faster, better-informed decisions.The council said Amazon Web Services was committed to partnering with it to deliver the pilot program, subject to Federal Government approval.Ms Constable said embedding AI in approvals could position Australia as a global leader in sustainable development and in responsible innovation, using the minerals sector’s extensive use of AI in current operations and understanding of EPBC Act processes.“In mining alone, a 12-month delay across the new project pipeline is estimated to cost the Australian economy $51b in cumulative GDP, and bottlenecks are worsening as volumes of approvals driven by renewables and critical minerals projects continue to increase,” she said.“We know that EPBC delays and uncertainty can result in millions of dollars in lost project value, duplication of costs, and missed investment opportunities, which negatively affects communities and the Australian economy as well as project proponents.“This approach would help government deliver modern, efficient environmental regulation while meeting environmental objectives.“Now is the best time to act on a generational opportunity to align environmental stewardship with economic productivity, along with integrating the latest technology into the newly established Federal Environment Protection Authority and Environment Information Australia.“The window for action is short, and decisive investment will determine whether these reforms deliver the structural, efficiency, and transparency gains Australia urgently requires.”","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}