Economic Assessment
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<div>The Woomera Prohibited Area coexistence framework, underpinned by the Woomera Prohibited Area Rule 2014, aims to balance the priorities of the Australian Defence Force with the priorities of non-defence users. in 2010, and again in 2018, the Australian Government undertook reviews of the Woomera Prohibited Area in order to assess the mineral and petroleum resources in the area. </div><div><br></div><div>The most recent report, <em>Woomera Prohibited Area Resource Prospectivity and Economic Assessment (October 2023)</em>, was commissioned by the South Australian Department for Energy and Mining and prepared by Scyne Advisory in order to provide a resource prospectivity analysis and an economic assessment based on modelled resource prospectivity. </div><div><br></div><div>This professional opinion is an evaluation of the validity of the minerals, energy and groundwater assessment methodology of the 2023 Scyne Advisory report. Access to this document must be sought from: • Branch Head, Mineral Systems Branch • Branch Head, Advice Investment Attraction and Analysis • Chief of Division, Minerals Energy and Groundwater </div>