9 March 2026
Felix Ellis, Minister for Business, Industry and Resources
The Rockliff Liberal Government is supporting the long-term future of Tasmania’s biggest mine, with the tabling of the Grange Resources (Tasmania) Pty Ltd (Alternative Application Period) Bill 2026.
Minister for Business, Industry and Resources, Felix Ellis, said the Bill was critical to ensure the long-term future of the Savage River mine, and the hundreds of direct jobs it supports in North West Tasmania.
“The Savage River Mine is a crucial part of the Tasmanian community, supporting hundreds of direct jobs and generating an average of $19.5 million in royalties per year,” Minister Ellis said.
“Grange has proposed an investment of up to $1.2 billion to transition its open cut operation to an underground block cave mining operation.
“This transition will reduce operating costs, lower its carbon footprint, and extend the life of the mine.”
Minister Ellis said for Grange to continue producing and exporting a world class product from Tasmania, their financiers required long-term certainty over their lease.
“This Bill has been drafted to enable Grange to apply for an early renewal of its mining leases, which will provide the certainty of their mining lease tenure that lenders to a project of this scale require,” Minister Ellis said.
“This certainty will allow the Board of Grange to come to a final investment decision on their development plans.
“Our Government is delivering for Tasmania by backing our mining and mineral processing sectors.”
“Grange has proposed an investment of up to $1.2 billion to transition its open cut operation to an underground block cave mining operation.
“This transition will reduce operating costs, lower its carbon footprint, and extend the life of the mine.”
Minister Ellis said for Grange to continue producing and exporting a world class product from Tasmania, their financiers required long-term certainty over their lease.
“This Bill has been drafted to enable Grange to apply for an early renewal of its mining leases, which will provide the certainty of their mining lease tenure that lenders to a project of this scale require,” Minister Ellis said.
“This certainty will allow the Board of Grange to come to a final investment decision on their development plans.
“Our Government is delivering for Tasmania by backing our mining and mineral processing sectors.”