1 00:00:00,040 --> 00:00:01,960 Speaker 1: Are there's surely some ironing in the new fast track 2 00:00:02,000 --> 00:00:05,200 Speaker 1: system around infrastructure projects rejecting a mining application. So it's 3 00:00:05,240 --> 00:00:08,240 Speaker 1: sort of what a fast track to rejection the transasman 4 00:00:08,280 --> 00:00:10,840 Speaker 1: resources proposal. This is to extract fifty million tons of 5 00:00:10,840 --> 00:00:12,880 Speaker 1: sea bed in the Taranaki region. That's a no go 6 00:00:13,800 --> 00:00:15,800 Speaker 1: there is they say a credible risk of harm to 7 00:00:15,880 --> 00:00:18,080 Speaker 1: marine life in the surrounding environment. Now the project, they 8 00:00:18,160 --> 00:00:20,599 Speaker 1: said would contribute about a billion dollars a year to 9 00:00:20,640 --> 00:00:22,799 Speaker 1: the economy. Josie Bidal is the CEO of the New 10 00:00:22,880 --> 00:00:25,440 Speaker 1: Zealand Minerals Council and is with us Josie. 11 00:00:25,160 --> 00:00:26,920 Speaker 2: Morning, Good morning. 12 00:00:27,040 --> 00:00:28,840 Speaker 1: You're disappointed or is that life or what? 13 00:00:30,240 --> 00:00:32,960 Speaker 2: Well, it's a little bit embarrassing actually because it records 14 00:00:33,000 --> 00:00:35,880 Speaker 2: very quickly up to Washington, VC, where New Zealand had 15 00:00:36,280 --> 00:00:38,839 Speaker 2: top government officials talking about how New Zellan could be 16 00:00:38,840 --> 00:00:42,239 Speaker 2: part of a global supply chain and so to do that, 17 00:00:42,280 --> 00:00:45,200 Speaker 2: we've going to be able to mine, right, and vanadium 18 00:00:45,320 --> 00:00:47,600 Speaker 2: is one of the critical minerals that the world's after. 19 00:00:48,360 --> 00:00:52,199 Speaker 2: So this decision, it's a preliminary decision, so I like 20 00:00:52,320 --> 00:00:55,960 Speaker 2: to wait till the very end to form a conclusion. 21 00:00:56,040 --> 00:00:58,480 Speaker 2: So I just have to hope that sax evidence and 22 00:00:58,560 --> 00:01:00,400 Speaker 2: science prevail at the end of the day when the 23 00:01:00,400 --> 00:01:01,560 Speaker 2: final decisions made. 24 00:01:01,720 --> 00:01:04,240 Speaker 1: Can we argue that there's mining in those mining Yes, 25 00:01:04,360 --> 00:01:06,200 Speaker 1: we might want rare earths and we might want to 26 00:01:06,200 --> 00:01:09,120 Speaker 1: do business with America or we might not. But some projects, 27 00:01:09,120 --> 00:01:10,720 Speaker 1: it's not a green light for everything. 28 00:01:12,080 --> 00:01:14,600 Speaker 2: Well, the reason New Zealand is so well received there's 29 00:01:14,640 --> 00:01:18,840 Speaker 2: a potential contributor to the global supply of minerals is 30 00:01:18,880 --> 00:01:22,160 Speaker 2: we do it right. We look after people, we have 31 00:01:22,360 --> 00:01:25,480 Speaker 2: good health and safety and employment, and we have probably 32 00:01:25,560 --> 00:01:30,880 Speaker 2: the most stringent environmental conditions in the world. So it's 33 00:01:30,920 --> 00:01:35,760 Speaker 2: not everything is fixible. You can mitigate things. You can 34 00:01:36,080 --> 00:01:39,000 Speaker 2: one of the mind's weights at dawn and dust to 35 00:01:39,080 --> 00:01:42,720 Speaker 2: send trucks because little blue penguins are crossing the road. 36 00:01:43,160 --> 00:01:45,280 Speaker 2: You know, there's a lot of things go on to 37 00:01:45,480 --> 00:01:50,320 Speaker 2: work around nature. No one wants to hurt nature. But 38 00:01:50,520 --> 00:01:54,080 Speaker 2: the reality is that people have an insatiable demand for 39 00:01:54,240 --> 00:01:57,280 Speaker 2: tech and renewable energy and we have to mind some 40 00:01:57,360 --> 00:01:59,400 Speaker 2: minerals to do to get those going. 41 00:02:00,200 --> 00:02:02,240 Speaker 1: As far as the process is concerned, I get that 42 00:02:02,280 --> 00:02:04,680 Speaker 1: you don't like the decision or the pending decision. As 43 00:02:04,720 --> 00:02:07,920 Speaker 1: far as the actual fast Track bit is it fast track? 44 00:02:08,000 --> 00:02:08,600 Speaker 1: Does it work? 45 00:02:10,600 --> 00:02:15,840 Speaker 2: Mining has been particularly scrutinized, so it hasn't been that fast, 46 00:02:15,880 --> 00:02:19,320 Speaker 2: but it's certainly been faster than going through any other process. 47 00:02:19,480 --> 00:02:23,360 Speaker 2: It's very, very expensive. It costs millions of dollars, so 48 00:02:23,480 --> 00:02:25,480 Speaker 2: when you get to know, that's pretty disappointing. 49 00:02:26,480 --> 00:02:28,840 Speaker 1: I understand that part of it. But we have a 50 00:02:28,880 --> 00:02:32,200 Speaker 1: better system than we had under fast track. Is that 51 00:02:32,200 --> 00:02:32,960 Speaker 1: fair to say or not? 52 00:02:33,480 --> 00:02:35,960 Speaker 2: One hundred percent? That one stop shop is one hundred 53 00:02:35,960 --> 00:02:39,720 Speaker 2: percent to go And that's what that's why there's international 54 00:02:39,760 --> 00:02:42,520 Speaker 2: interest in US because we've got this promise. 55 00:02:42,840 --> 00:02:45,520 Speaker 1: Is this US deal thing you reckon? 56 00:02:45,600 --> 00:02:45,799 Speaker 2: Real? 57 00:02:46,000 --> 00:02:47,800 Speaker 1: And if it is, how major is it do you 58 00:02:47,800 --> 00:02:48,680 Speaker 1: think for this country? 59 00:02:49,560 --> 00:02:52,160 Speaker 2: Well, we're a trading nation that has to trade with 60 00:02:52,240 --> 00:02:55,440 Speaker 2: all comers because of where we sit, So we wouldn't 61 00:02:55,480 --> 00:02:59,640 Speaker 2: want anything that made it difficult to trade with other people. 62 00:03:00,120 --> 00:03:03,560 Speaker 2: But certainly I know from the phone calls I get, 63 00:03:03,600 --> 00:03:06,120 Speaker 2: in the conversations I have, there's tremendous interest in North 64 00:03:06,160 --> 00:03:09,080 Speaker 2: America and what's happening in New Zealand. People have come 65 00:03:09,120 --> 00:03:11,560 Speaker 2: out here in aut a lock and I think it's 66 00:03:11,600 --> 00:03:14,400 Speaker 2: quite exciting. I think it's an opportunity. You know, we 67 00:03:14,480 --> 00:03:18,560 Speaker 2: have to be able to trade where we're not very 68 00:03:18,600 --> 00:03:21,880 Speaker 2: relevant if we're not producing something that the world wants. 69 00:03:22,240 --> 00:03:24,760 Speaker 1: That's true. Josie, nice to catch up. You appreciate Josie Bidel, 70 00:03:24,760 --> 00:03:26,800 Speaker 1: who's the CEO of the New Zealand Minerals Council, and 71 00:03:26,840 --> 00:03:29,840 Speaker 1: asked the Prime Minister about that later. We've also got 72 00:03:29,880 --> 00:03:32,600 Speaker 1: the regional lending program problems this morning. We've got half 73 00:03:32,600 --> 00:03:34,320 Speaker 1: a billion out. They're almost half a billion out. There 74 00:03:34,320 --> 00:03:36,560 Speaker 1: are chunk of it in that hole. I wonder if 75 00:03:36,600 --> 00:03:39,040 Speaker 1: we're going to get it back category. I've got dumping 76 00:03:39,080 --> 00:03:41,600 Speaker 1: of peaches, which I've mentioned on the program before. I 77 00:03:41,600 --> 00:03:43,640 Speaker 1: didn't realize it was as bad, and they've had an 78 00:03:43,640 --> 00:03:46,560 Speaker 1: investigation and we've got a problem. This goes back to 79 00:03:46,680 --> 00:03:50,080 Speaker 1: heinz hawks Bay don't want local peaches anymore, but I 80 00:03:50,120 --> 00:03:52,080 Speaker 1: was interested to hear her talk about the environment. We 81 00:03:52,080 --> 00:03:54,160 Speaker 1: don't want to harm the environment. The most important story 82 00:03:54,160 --> 00:03:55,800 Speaker 1: of the weekend, I think is the green MP whose 83 00:03:55,840 --> 00:03:58,680 Speaker 1: name I can't remember, who wants to spend some time 84 00:03:58,720 --> 00:04:01,600 Speaker 1: talking about the possibility of whales being recognized as humans. 85 00:04:02,560 --> 00:04:02,960 Speaker 2: And so. 86 00:04:06,280 --> 00:04:08,360 Speaker 1: Fortunately there's nothing else important going on. 87 00:04:08,920 --> 00:04:10,800 Speaker 2: For more from the mic Asking Breakfast. 88 00:04:11,000 --> 00:04:14,360 Speaker 1: Listen live to news talks it'd be from six am weekdays, 89 00:04:14,560 --> 00:04:16,560 Speaker 1: or follow the podcast on iHeartRadio