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Ravensthorpe Nickel BHP Billiton Project Opens on South Coast Resources Education Partnerships Formed for Industry's Future

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Ravensthorpe Nickel BHP Billiton Project Opens on South Coast Resources Education Partnerships Formed for Industry's Future WESTERN AUSTRALIA’S INTERNATIONAL RESOURCES DEVELOPMENT MAGAZINE June - August 2008 $3 (inc GST) Ravensthorpe Nickel BHP Billiton project opens on south coast Print post approved PP 665002/00062 approved Print post Resources education Partnerships formed for industry’s future DEPARTMENT OF INDUSTRY AND RESOURCES Investment Services 1 Adelaide Terrace East Perth, Western Australia 6004 Tel: +61 8 9222 3333 • Fax: +61 8 9222 3862 Email: [email protected] www.doir.wa.gov.au INTERNATIONAL OFFICES Europe European Office • 5th floor, Australia Centre Corner of Strand and Melbourne Place London WC2B 4LG • UNITED KINGDOM Tel: +44 20 7240 2881 • Fax: +44 20 7240 6637 Email: [email protected] India — Mumbai Western Australian Trade Office 93 Jolly Maker Chambers No 2 9th floor, Nariman Point • Mumbai 400 021 • INDIA Tel: +91 22 6630 3973 • Fax: +91 22 6630 3977 Email: [email protected] India — Chennai Western Australian Trade Office - Advisory Office 1 Doshi Regency • 876 Poonamallee High Road Kilpauk • Chennai 600 084 • INDIA Tel: +91 44 2640 0407 • Fax: +91 44 2643 0064 Email: [email protected] Indonesia — Jakarta Facing up to the challenges Western Australia Trade Office Wisma Budi Building Floor 5 Suite 504 JI H R Rasuna Said Kav C-6 Kuningan, Jakarta 12940 • INDONESIA Tel: +62 21 5290 2860 • Fax: +62 21 5296 2722 It seems strange to talk of the challenges facing the Western Australian Email: [email protected] resources industry when the sales value of minerals and petroleum from the Japan — Tokyo Government of Western Australia, Tokyo Office State jumped 7 per cent last year to A$53.1 billion, and spending on exploration 13th floor, Fukoku Seimei Building for new resources was a record at more than A$3 billion. 2-2-2 Uchisaiwai-cho Chiyoda-ku • TOKYO 100-0011 • JAPAN Tel: +81 3 5157 8281 • Fax: +81 3 5157 8286 Email: [email protected] The fact of the matter remains though, that the industry’s incredible growth has Japan — Kobe been constrained by obstacles that will only be overcome with a coordinated and Western Australian Government Office 6th floor, Golden Sun Building • 4-3-6 Nakayamate-dori innovative effort from industry, government and the community. Chuo-Ku • Kobe 650-0004 • JAPAN Tel: +81 78 242 7705 • Fax: +81 78 242 7707 BHP Billiton’s US$2.1 billion Ravensthorpe Nickel project, which opened in May, Email: [email protected] Malaysia — Kuala Lumpur provides a prime example of how these stakeholders can combine to achieve Western Australian Trade Office significant outcomes for Western Australia. 4th floor, UBN Tower • 10 Jalan P Ramlee KUALA LUMPUR 50250 • MALAYSIA Tel: +60 3 2031 8175/6 • Fax: +60 3 2031 8177 Central to the project’s delivery was BHP Billiton and the State and Federal Email: [email protected] Governments committing close to A$40 million for infrastructure to Middle East — Dubai accommodate more than 600 new workers and their families in the Shire of Western Australian Trade Office • Emarat Atrium PO Box 58007 • Dubai • UNITED ARAB EMIRATES Ravensthorpe. Tel: +971 4 343 3226 • Fax: +971 4 343 3238 Email: [email protected] This month’s edition of Prospect also reveals how the resources industry is People’s Republic of China — Shanghai Western Australian Trade & Investment Promotion attempting to arrest its skills shortage by working with the education sector. Room 2208 • CITIC Square 1168 Nanjing Road West One person who had a significant impact on the success we are now enjoying in SHANGHAI 20004 • PEOPLES REPUBLIC OF CHINA Tel: +86 21 5292 5899 • Fax: +86 21 5292 5889 the industry was former Department of Industry and Resources Director General Email: [email protected] Jim Limerick, who stood down in March this year after more than 20 years at the People’s Republic of China — Hangzhou Western Australian Trade & Investment Promotion department. Hangzhou Representative Office Room 1705 • World Trade Office Plaza Jim presided over the biggest economic boom in this State’s history and made Zhejiang World Trade Centre 122 Shuguang Road • Hangzhou 310007 an immense contribution to maintaining economic prosperity for all Western PEOPLES REPUBLIC OF CHINA Australians. Tel: +86 571 8795 0296 • Fax: +86 571 8795 0295 Email: [email protected] South Korea — Seoul Stuart Smith Western Australian Trade & Investment Office ACTING DIRECTOR GENERAL 11th floor, Kyobo Building 1 Jongro 1-Ga, Jongro-Gu Seoul 110-714 • SOUTH KOREA Tel: +82 2 722 1217 • Fax: +82 2 722 1218 Email: [email protected] Taiwan — Taipei Australian Commerce & Industry Office 27th floor, No 9 Song Gao Road, Taipei, 11073 • TAIWAN Tel: +886 2 8780 9118 ext 216 • Fax: +886 2 2757 6707 Email: [email protected] Prospect Cover photo: BHP Billiton’s US$2.1 billion nickel mine Hong Kong Western Australian Prospect magazine is published transforms the Shire of Ravensthorpe Australian Trade Commission quarterly by the Western Australian Government’s Hong Kong Office Rm. 2404, 24/F., Harbour Centre Department of Industry and Resources (DoIR). 25 Harbour Road, Wan Chai • HONG KONG Editorial management: James Bowen, DoIR Communications Tel: +852 2588 5300 • Fax: +852 2827 4145 and Marketing Division. Tel: (08) 9222 3804 • Fax: (08) 9222 3069 Email: [email protected] Disclaimer Thailand — Bangkok Prospect has been compiled in good faith by the Department WA Business Development Manager of Industry and Resources. Opinions expressed in Prospect are those Australian Trade Commission • Australian Embassy of the authors and do not necessarily represent the views, or have the endorsement of the Department of Industry and Resources. The 37 South Sathorn Road • Bangkok 10120 • THAILAND Department of Industry and Resources has used all reasonable endeavours Tel: +662 344 6337 • Fax: +662 344 6306 to ensure the material contained in this publication is correct, but it is Email: [email protected] intended to be general in nature. No representation is made with regard United States — Los Angeles to the completeness or accuracy of the information contained herein. The Western Australian Trade and & Investment Office Department of Industry and Resources disclaims any or all liability for loss or damage whatsoever suffered or incurred resulting from the use of or Howard Hughes Centre, 6080 Centre Drive, 6th Floor reliance on information contained herein. Readers of this publication should Los Angeles, CA 90045 • USA make and rely on their own enquiries, research and judgements in making Tel: +1 5625924342 decisions affecting their own or any other persons interest. Email: [email protected] www.doir.wa.gov.au 2-3 Ravensthorpe unveiled 10-11 Back to school BHP Billiton’s US$2.1 Education is the key as billion nickel mine resources industry faces transforms the Shire up to challenges of Ravensthorpe 6 Overseas opportunities 24-25 Sound science Staff in 15 overseas Cockburn Sound offices busily promote Management Council Western Australia’s achieves environmental abundant trade outcomes for industry opportunities and community 8-9 Golden prices 27 Acres of potential Emerging projects New Commonwealth and could cash in as world State petroleum acreage gold price reaches increases opportunities US$1000 an ounce for explorers Hi-tech minerals Western Australian minerals used to make mobile phones and electric cars. For more information turn to page 16 Ravensthorpe on world stage as nickel project opens The transformation of Western Ford Murray of BHP Billiton Nickel West The nickel mined at Ravensthorpe will Australia’s Shire of Ravensthorpe said the Ravensthorpe project had been be transported for processing at BHP from sleepy farming district to delivered with 80 per cent Australian Billiton’s Yabulu refinery in Queensland, prosperous mining hub is complete content, 70 per cent Western Australian which has also received a A$587 following the opening of BHP Billiton content and 9 per cent of its budget spent million upgrade, making the combined US$2.1 billion Ravensthorpe Nickel in the south-east region. Ravensthorpe Nickel project the biggest one-off investment in the mining project near Hopetoun in May. “Integrating a resources industry company’s history. Senior BHP Billiton executives, State and operation within an agricultural district From Yabulu, the nickel will be shipped to Federal politicians, mine constructors has raised the overall income of the important foreign markets such as China, and customers, and the world media district, deepened existing community but for now all eyes are on Ravensthorpe. flocked to the picturesque south-east capacity and built new community coast region to witness the culmination of capacity,” Mr Murray said. Thanks to the massive capital and eight years of work by the company and population influx, the Shire is currently He said the project had represented a three tiers of Australian government. one of the fastest growing local new level of partnership with government government areas in Australia. Between The Ravensthorpe Nickel project is through the establishment of a locally the Australian censuses of 2001 and expected to produce about 50,000 tonnes based workforce, and community 2006, its population increased from 1420 of nickel and 1400 tonnes of cobalt development. to 1950 and is currently estimated at per annum over its 25-year lifespan. more than 2500. It accounts for a large proportion of “We have learnt that physical Western Australia’s nickel resources, infrastructure is one aspect and the In contrast to the fly-in, fly-out operations which total 27 million tonnes - the third delivery of social infrastructure and used elsewhere in the Western Australian largest in the world. community amenity is equally important,” resources industry, workers and their he said. Immense benefits are expected to flow families have readily established homes in Hopetoun. from the project due to the incredibly This new social infrastructure included strong global nickel price.
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