| Date post: | 16-May-2015 |
| Category: |
Investor Relations |
| Upload: | objective-capital-conferences |
| View: | 1,009 times |
| Download: | 0 times |
GLOBAL MININGINVESTMENT CONFERENCE 2010
STATIONERS’ HALL ● CITY OF LONDON ● TUESDAY-WEDNESDAY, 28-29 SEP 2010
www.ObjectiveCapitalConferences.com
Investment Conferences
Making your jurisdiction attractive to miningStuart Russell – Senior Trade & Investment Manager , Government of Western Australia
DAY 2 – SESSION 4: RESOURCE NATIONALISM
Other sponsors & participating organisations:
GLOBAL MININGINVESTMENT CONFERENCE 2010
Lead sponsors:
Media partners:
Making your jurisdiction attractive to mining
(while at the same time driving Australia’s economy!)
Stuart Russell
Senior Trade & Investment Manager
Government of Western Australia – European OfficeGlobal Mining Investment ConferenceLondon, 29 September 2010
Broad policy objectives in Western Australia
The policies: Designed to encourage the continued responsible development of the State’s resource industries.
Key priorities:
1. To improve the State’s legislative and regulatory framework
2. To support exploration and development
3. To put an emphasis on safety and sustainability
4. To maximise the benefits from the minerals and petroleum industries to the Western Australian community.
About Western Australia
Nation’s largest state, covering one third of the continent.
Population of 2.2 million.
Abundance of natural resources: minerals, energy and agriculture
Relaxed lifestyle with high quality infrastructure.
Gateway to Asia
World Leader in Mineral and Energy Production Oil & Gas
Lead/ZincBauxite
DiamondIron Ore
Nickel
Perth
Titanium MineralsOil & Gas
Oil & GasSalt
Iron Ore
NickelGoldGold
Iron OreCopper/Zinc Nickel
BauxiteTitanium Minerals
Gold
Manganese
Chromite
Nickel
Coal Tantalum
Tantalum
Big State provides wealth of opportunities
Zircon
Tantalum
Salt
Rutile
Nickel
LNG
Iron ore
Ilmenite
Gold
Garnet
Diamonds
Alumina
0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%
SELECTED WA COMMODITIES RELATIVE TO WORLD PRODUCTION ENDING
2009, BY QUANTITY
Western Australia Rest of Australia
Source: DMP, ABARE and USGS
Western Australia’s resource production is both world scale and world class
Top ten export destinations (2009-10)
Source: Australian Bureau of Statistics
Investor-friendly State Government
Since coming to office in late 2008, the new State Government has:
Created a new department to focus on the mining and petroleum sector
Accelerated approvals relating to mineral titles Now allows uranium exploration and mining Welcomes investment in small to large mineral and
energy projects Implemented an Exploration Incentive Scheme
Exploration Incentive Scheme assists explorers
An $80 million package that provides: A drilling subsidy to innovative explorers A stimulus for applied research relevant to exploration Complete coverage of WA by 400 metre line spacing
airborne magnetic and radiometric surveys Major gravity surveys and deep seismic lines New online systems for industry to lodge applications
relating to mineral titles and track their progress through approvals processes
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
0
10,000
20,000
30,000
40,000
50,000
60,000
70,000
80,000
0
500
1,000
1,500
2,000
2,500
3,000
3,500
4,000OTHER
SALT
COAL
DIAMOND
HEAVY MINERAL SANDS
GOLD
ALUMINA
NICKEL
IRON ORE
PETROLEUM
Minerals + Petroleum Expl Expend
Va
lue
pro
du
cti
on
($
mill
ion
)
Ex
plo
rati
on
ex
pe
nd
itu
re (
$ m
illio
n)
Resource production depends on exploration
Mineral exploration expenditure in WA (2009–10 dollars)
0%
10%
20%
30%
40%
50%
60%
70%
0
200
400
600
800
1000
1200
140019
64–6
5
1966
–67
1968
–69
1970
–71
1972
–73
1974
–75
1976
–77
1978
–79
1980
–81
1982
–83
1984
–85
1986
–87
1988
–89
1990
–91
1992
–93
1994
–95
1996
–97
1998
–99
2000
–01
2002
–03
2004
–05
2006
–07
2008
–09
WA
/Au
st %
WA
an
nu
al e
xp
lora
tio
n e
xpen
dit
ure
($
mill
ion
)
WA
WA/Aust %
Uranium exploration expenditure, Western Australia
0
10
20
30
40
50
60
19
79
–8
0
19
80
–8
1
19
81
–8
2
19
82
–8
3
19
83
–8
4
19
84
–8
5
19
85
–8
6
19
86
–8
7
19
87
–8
8
19
88
–8
9
19
89
–9
0
19
90
–9
1
19
91
–9
2
19
92
–9
3
19
93
–9
4
19
94
–9
5
19
95
–9
6
19
96
–9
7
19
97
–9
8
19
98
–9
9
19
99
–0
0
20
00
–0
1
20
01
–0
2
20
02
–0
3
20
03
–0
4
20
04
–0
5
20
05
–0
6
20
06
–0
7
20
07
–0
8
20
08
–0
9
20
09
–1
0
An
nu
al e
xpen
dit
ure
($
mil
lio
n)
Oakajee Port, Rail and Industrial Estate – A$10 Billion+ project
“the single most important project for Western Australia’s economic development over the next 50 years”
Premier Barnett, March 2009.
Existing Ports in Western Australia
Site for proposed Oakajee Port
Anketell Port & SIA
This project includes the development of the Anketell Port and Strategic Industrial Area (SIA) to:
Facilitate future mining development in the Pilbara
Develop a multi user deep water port and industrial area that will cater for the project proponents as well as future users
The Anketell project will be managed by a single foundation proponent – yet to be determined
RSPT - MRRT?
Source: AME, Wood Mackenzie, ANZ
Coking Coal Import Demand (million tonnes)
India jumps to largest coking coal importer in 2015
2009 20152009 2015
2009 2015
2009 2015
2009 2015
2009 2015
2009 20152009 2015
USA
CHINA
Brazil
J apanEurope
Taiwan
Korea
32
53
30
5 10
49
66
1727
1225
6 834
62
76
INDIA
Perth is an Attractive Base for Companies and Talent
Shift in corporate influence to the West driven by Perth’s strategic location - access to natural resources, capital, and a quality lifestyle.
Perth is home to more than a dozen listed companies with market value greater than AU$1 billion – including Woodside, Shell, BHP Billiton, Rio Tinto, Chevron, Newmont Mining, Fortescue Metals Group, Wesfarmers.
It is also home to major petroleum and mineral resources sector research and development facilities and industry bodies including the Association of Mining & Exploration Companies.
Since 2007, Perth has become home to 80 more companies. The total of 783 extends the lead over Sydney (672), Melbourne (362) Brisbane (183) and Adelaide (95).
Australia was ranked 6th in the 2009 World Quality of Life Index Source: UWA Committee for Perth Study, September 2009
IMD World Competitiveness Online 1995-2009; Austrade
Where to from here?…..
Follow up to obtain information on opportunities in Western Australia by: Joining in various conferences & exhibitions –
MPES 2010 Mine Planning & Equipment Selection, Fremantle 1 December 2010 (www.ausiim.com.au) AJM’s 14th Annual Global Iron Ore and Steel Forecast Conference, Perth
22 March 2011 (www.globalironore.com.au) Visiting Perth independently or as part of a Business Mission 16-18 December 2010
Follow up with our Office
Contact details
Stuart Russell
Senior Trade & Investment Manager
Government of Western Australia
European Office
5th Floor, Australia Centre
Corner of Strand and Melbourne Place
London WC2B 4LG – United Kingdom
Tel: +44 20 7395 0564 | Fax: +44 20 7240 6637
Email: [email protected]
Web: www.wago.co.uk
Other sponsors & participating organisations:
GLOBAL MININGINVESTMENT CONFERENCE 2010
Lead sponsors:
Media partners:
