Pushing for Development

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Pushing for Development THEAUSTLIAN M R A product of PP100007123 ININAG EVIEW Incorporating THE USTLIAN Publications & E R Exhibitions Australia Pty Ltd OIL – GAS – ELECTRICIT Y – RENEWABLES ISSUE 113, JUNE 2017 NEWS: TECHNOLOGY & INNOVATION P10 MINING IN SOUTH AUSTRALIA P24 RECRUITMENT P75 Image: Bruce Peebles. © State of Queensland 2017. ADANI: Pushing for development When Adani spectacularly deferred it’s highly anticipated final investment decision announcement – just days before it was due – the future of its $16.5 billion Carmichael project was cast into doubt. The story continues to evolve, but if the kinks associated with State royalty agreements and Federal NAIF loans can be ironed out, then this mega-project could be an economic windfall for the North Queensland region for decades to come. FEATURE: p20 JUNE 2017 2 CONTENTS THE AUSTLIAN MINING REVIEW PUBLISHED BY ABN 28 112 572 433 A product of Publications & Exhibitions Australia Pty Ltd GENERAL MANAGER Brad Francis MANAGING EDITOR Reuben Adams COMMODITY FOCUS: DIAMONDS JOURNALISTS Cameron Drummond, Elizabeth Fabri GRAPHIC DESIGNER featurenews pp1918 Charlotte Lufino SALES EXECUTIVES NEWS 1 Beej Francis, John Carter, Chris Foley, Kelly Thompson Technology & Innovation 10 PRINTER Rural Press International 14 CONTACT US P: (08) 6314 0300 Commodity Focus: Diamonds 18 F: (08) 9481 7322 160 Beaufort Street, Perth, WA 6000. PO Box 8023, Perth BC, WA 6849. SPECIAL Profiles E-mail the editor at [email protected] Adani: Carmichael 20 For all other emails to staff, the standard convention is, first name (only) @miningoilgas. com.au Mining in South Australia 24 The Australian Mining Review is a free publication to all mine sites and mining companies in AIMEX 2017 30 Australia. Its value is $11 an issue. (Includes GST, postage and handling). The copyright is vested in the Proprietors of The Pilbara Ports Authority 37 Australian Mining Review; neither whole nor any part of this issue may be reproduced without permission. Whitehaven Coal 41 The views expressed in this publication are not WHITEHAVEN COAL necessarily those of Miningoilgas Pty Ltd and its Kwinana Lithium Plant & Greenbushes Mine 45 staff, but are those of the respective author who accepts sole responsibility and liability for them. Iluka 48 NOTICE TO ADVERTISERS: p The Trade Practices Act, 1974 came into force feature 41 on the 1st October 1974. All advertisers and Centennial Coal 51 advertising agents are directed to carefully study the provisions of the Act, which contain strict regulations on advertising. Aurizon 53 It can be an offence for anyone to engage, in trade or commerce, in conduct deemed “misleading or Rio Tinto: Amrun 56 deceptive”. Specifically s53 of the Act contains prohibitions from doing any of the following in connection with the promotion, by any means, of CuDeco 58 the supply or use of goods or services: (a) falsely represent that goods are of a particular standard, quality, value, grade, composition, style or model or have had a particular history INDUSTRY PROFILES or particular previous use; (b) falsely represent that goods are new; (c) represent that goods or services have sponsorship, approval, performance Companies Gearing Up 60 characteristics, accessories, uses or benefits they do not have; (d) represent that the corporation has a Aerial Surveyors 64 sponsorship, approval or affiliation it does not have; (e) make a false or misleading representation with respect to the price of goods or services; (f) make Magnets & Magnet Technology 67 a false or misleading representation concerning the need for any goods or services; or (g) make a false or misleading representation concerning Motor Body Building 68 the existence, exclusion or effect of any condition, warranty, guarantee, right or remedy. Payload Monitoring 69 PENALTIES: For an individual — $10,000 or six months imprisonment Pipes & Pipelines 71 For a corporation — $50,000. It is not possible DR CRAIG STEGMAN for this company to ensure that advertisements RIO TINTO COppER & DIAMONDS published in this newspaper comply with the Act Process Plant Refurbishment 72 and the responsibility must, therefore, be on the OPERATIONAL & TECHNICAL SUppORT VICE PRESIDENT person, company or advertising agency submitting Railway Construction 73 the advertising for publication. In case of doubt, consult your lawyer. Recruitment 75 the interview p78 JUNE ISSUE OUT NOW A product of Publications & Exhibitions Australia Pty Ltd JUNE 2017 4 NEWS THE AUSTLIAN MINING REVIEW A major rebrand for BHP “WE FUNDAMentaLLY BELIEVE THat AS SOCIETY CHANGES IT IS UP TO US TO MAKE THE CASE – more CONFIDENTLY AND EFFECTIVELy – FOR THE POSITIVE ROLE THat WELL-run AND resPONSIBLE COMPANIES PLAY IN SOCIETY.” FMG chief executive Nev Power. Australian miners win big at Platts awards ELIZABETH FABRI BHP chief executive Andrew Mackenzie has outlined a plan to grow company value by 50 per cent. BHP chief external affairs officer Geoff ELIZABETH FABRI Mining and Steel Conference, BHP chief FORTESCUE Metals Group (FMG), Healy said the campaign focused on executive Andrew Mackenzie announced Roy Hill, and MMG were awarded what people can and should expect of the the company’s plan to grow its value by up top honours at the 2017 Platts Global AUSTRALIA’S largest resources company company moving forward. to 50 per cent and almost double the return Metals Awards in May. BHP has undergone a rebrand as part of “In launching Think Big, we will take on capital through a new strategy focusing In its fifth year, the awards its biggest marketing campaign in more the opportunity to change our logo and on cost reduction; major growth projects ceremony in London aimed to than three decades, dropping ‘Billiton’ move to a brand that Australians have including Spence Growth, Olympic Dam recognise the “best of the best” in from its name and adopting a new logo and known us by for generations – BHP,” Mr and Jansen potash; and advances in the the metals industry, with 15 awards slogan — ‘Think Big’. Healy said. productivity of its shale assets. winners chosen by an independent BHP took on the double barrel name in “This abbreviated simple expression “Our roadmap today contains an panel of judges. 2001 when it merged with Anglo-Dutch of our organisation is used colloquially enhanced set of opportunities that will Announced Metals Company of the company Billiton Plc, but decided it was around the world.” see us prosper and grow value per share Year for the second time since 2014, time to return to its roots and pay homage “We fundamentally believe that as throughout the cycle, and in multiple price FMG also took home the Industry to its 19th century start in the NSW mining society changes it is up to us to make the scenarios,” Mr Mackenzie said. Leadership Award - Raw Materials town Broken Hill. case – more confidently and effectively “We’re confident of it because of our & Mining. The company launched a $10 million – for the positive role that well-run and diversification across commodities and “It is an honour to accept these advertising campaign to promote the responsible companies play in society.” opportunities. prestigious awards which recognise change, which included two television Days later, at the Bank of America “There are many routes to go when you the hard work and determination of commercials and online promotion. Merrill Lynch Global Metals (BAML), have that, and we will take the best one.” everyone at Fortescue,” FMG chief executive Nev Power said. “Our team has delivered outstanding results across all of Redspear signs FMG contract our operations, including improved safety performance, consistent production, sustained productivity CAMERON DRUMMOND and efficiency gains and disciplined capital management. FOLLOWING a competitive tender “I am extremely proud of what process, Aboriginal owned-and-operated Fortescue has achieved and of mine supplier Redspear has won a contract our commitment to ensuring to supply Fortescue Metals Group (FMG) the development and growth of with lifting and rigging equipment across our business benefits our local its operational sites. communities.” Owner and managing director Barry Hancock Prospecting chairperson McGuire said the contract to provide and director Gina Rinehart was business critical services was Redspear’s presented the Lifetime Achievement first of its kind with a major miner. Award, while her prized Roy Hill “This has given us confidence that Holdings snapped up the Rising Star we are able to compete with some of the Company Award. largest names in lifting and rigging in Ms Rinehart said she was Australia and beyond,” Mr McGuire said. delighted to be acknowledged for “We thank Fortescue for the opportunity her dedication to the industry, most to show our young people that with hard recently culminating in the delivery work, perseverance and support from the of the $US10 billion Roy Hill project. right partner, everything is possible.” “The mining and resources industry Redspear is the first Aboriginal-owned with its many related industries is, I rigging and lifting business in Australia. (From L to R:) Redspear managing director Barry McGuire, operations manager Liza McGuire, and believe, a very important contributor The company also received the general manager Francois Witbooi. to our country, and helps to maintain opportunity to apply for 14-day payment and improve living standards, so it terms, under a new business initiative said initiatives such as the company’s opportunities for Aboriginal Australians, means a lot to me to be recognised announced
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