Shane Jones slammed for putting $50m into mining for critical minerals wanted b…
Shane Jones slammed for putting $50m into mining for critical minerals wanted by US | Stuff.co.nz
Stuff ·
Shane Jones slammed for putting $50m into mining for critical minerals wanted by US | Stuff.co.nz
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{"v":1,"chapters":[{"timeSeconds":1,"label":"Government funding for critical minerals","summary":"The government is considering a deal with the US to secure critical minerals. This involves funding for mining projects on the West Coast."},{"timeSeconds":23,"label":"Barrytown's unique mineral deposits","summary":"The area of Barrytown on the West Coast of the South Island is highlighted for its unique mineral deposits."},{"timeSeconds":31,"label":"Taiko Critical Minerals operation","summary":"Taiko Critical Minerals is establishing a mining operation on privately owned land in Barrytown to extract ilmenite."},{"timeSeconds":46,"label":"Production and funding details","summary":"Production is set to begin in 2028, with the company receiving $20 million from the government's Provincial Growth Fund."},{"timeSeconds":56,"label":"Shane Jones defends mining","summary":"Resources Minister Shane Jones defends the government's investment, stating they don't extract value or create jobs locally."},{"timeSeconds":107,"label":"Two critical minerals projects funded","summary":"Taiko Critical Minerals and Westland Mineral Sands are the two projects receiving funding from the Regional Infrastructure Fund."},{"timeSeconds":121,"label":"US-NZ deal for rare earth minerals","summary":"The government is in talks with the US regarding a deal for rare earth minerals, aiming to secure sources outside of China."},{"timeSeconds":137,"label":"Environmental concerns raised","summary":"Greenpeace is campaigning against the mining deals, citing concerns about destructive extraction methods and the use of minerals for advanced weapons."}]}
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