DOCSLIB.ORG

Whicher Range Near Western Australian Prospect Magazine Is Published Quarterly by the Western Australian Government’S Department of Industry and Busselton

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Whicher Range Near Western Australian Prospect Magazine Is Published Quarterly by the Western Australian Government’S Department of Industry and Busselton WESTERN AUSTRALIA’S INTERNATIONAL RESOURCES DEVELOPMENT MAGAZINE December 2003–February 2004 $3 (inc GST) LNG exports Gorgon taps into China Whicher Oil 50th anniversary Range of Rough Range Amity Oil optimistic discovery rint post approved PP 665002/00062 rint post approved P WESTERN AUSTRALIAN OFFICES Department of Industry and Resources Mineral House • 100 Plain Street • EAST PERTH WA 6004 Tel: +61 8 9222 3333 • Fax: +61 8 9222 3430 www.doir.wa.gov.au Investment 168–170 St Georges Terrace • PERTH Western Australia 6000 FROM THE MINISTER Postal address: Box 7606 • Cloisters Square PERTH Western Australia 6850 Tel: +61 8 9327 5555 • Fax: +61 8 9222 3862 he Western Australia Government reconfirmed its Email: [email protected] commitment to social, economic and environmentally INTERNATIONAL OFFICES Europe Tconscious development in the recently released State Government of Western Australia Sustainability Strategy. This strategy will see the Government European Office • 5th floor, Australia Centre work more closely with industry in the future to ensure Corner of Strand and Melbourne Place Clive Brown, MLA LONDON WC2B 4LG • UNITED KINGDOM sustainable development and a strong contribution to Minister for State Tel: +44 20 7240 2881 • Fax: +44 20 7240 6637 environmental improvement globally. Development Email: [email protected] India — Mumbai This commitment links closely with another Government aim — Western Australian Trade Office 93 Jolly Maker Chambers No 2 to offer an environment for responsible and rewarding 9th floor, Nariman Point • MUMBAI 400 021 INDIA investment in Western Australia. Tel: +91 22 230 3973/74/78 • Fax: +91 22 230 3977 Email: [email protected] The National Australia Bank index indicates there has never India — Chennai been a better time to invest in Western Australia, with business conditions at their Western Australian Trade Office - Advisory Office 1 Doshi Regency • 876 Poonamallee High Road highest level in a decade. In fact, business investment in our State was the stand-out Kilpauk • Chennai 600 084 • INDIA performer of the domestic economy over 2002-03, increasing by nearly 22%, while the Tel: +91 44 640 0407 • Fax: +91 44 643 0064 E-mail: [email protected] State’s economy grew by 7.7% — the fastest rate in five years and well above the national Indonesia — Jakarta average of 5.8%. Western Australia Trade Office c/- Australian Trade Commission • Australian Embassy The main contributors to this strong performance were private expenditure on JI H R Rasuna Said Kav C15 - 16, Kuningan buildings and structures and private expenditure on machinery and equipment — data Jakarta 12940 • INDONESIA Tel: +62 21 2550 5331 • Fax: +62 21 522 7103 confirming that the Government is solidifying Western Australia's position as the engine E-mail: [email protected] room of the national economy. Indonesia — Surabaya Western Australian Trade Office Our resources sector is driving a strong period of economic growth in WA, creating jobs Graha Pena 17th floor • Jalan Ahmed Yani 88 Surabaya 60234 INDONESIA and opportunities and making us the envy of the eastern seaboard. With a number of Tel: +62 31 829 9979 • Fax: +62 31 829 9975 our major resources projects yet to begin construction, the potential for even stronger Email: [email protected] growth in the years ahead is high. Japan — Tokyo Western Australian Government Office We are at the dawn of a prosperous era — one that will be built on our strong foundation Australian Business Centre 28th floor, New Otani Garden Court of innovation and strategic sustainable development. 4-1 Kioicho, Chiyoda-Ku • TOKYO 102-0094 JAPAN Tel: +81 3 5214 0791 • Fax: +81 3 5214 0796 Email: [email protected] Japan — Kobe Western Australian Government Office FROM THE DIRECTOR GENERAL 6th floor, Golden Sun Building • 3-6 Nakayamate-dori 4-Chome Chuo-Ku • KOBE 650-0004 JAPAN his edition of Prospect focuses on the South West region of Tel: +81 78 242 7705 • Fax: +81 78 242 7707 Email: [email protected] Western Australia, an area with considerable resources Malaysia Tdevelopment potential. Western Australian Trade Office 4th floor, UBN Tower • 10 Jalan P Ramlee The region already produces more than A$5 billion worth of KUALA LUMPUR 50250 MALAYSIA Tel: +60 3 2031 8175/6 • Fax: +60 3 2031 8177 minerals and petroleum annually, equating to 18% of Western Email: [email protected] Australia’s total yearly production of these commodities. And Middle East there is so much potential to build on that success, especially Western Australian Trade Office • Emarat Atrium PO Box 58007 • Dubai • UNITED ARAB EMIRATES with employment-boosting downstream processing industries. Jim Limerick Tel: +971 4 343 3226 • Fax: +971 4 343 3238 Director General E-mail: [email protected] Overall, Western Australia’s mineral and petroleum sales reached Department of Industry People’s Republic of China — Shanghai $28 billion in 2002-03. That’s a good outcome, considering the and Resources Western Australian Trade & Investment Promotion increased value of the Australian dollar against the US currency Shanghai Representative Office • Room 2208, CITIC Square 1168 Nanjing Road West • Shanghai 200041 and the industry’s extraordinarily high growth rates in recent THE PEOPLE'S REPUBLIC OF CHINA years. Tel: +86 21 5292 5899 • Fax: +86 21 5292 5889 Email: [email protected] This edition of Prospect also reports on an agreement between People’s Republic of China — Hangzhou partners in the Gorgon gas project to supply A$30 billion worth Western Australian Trade & Investment Promotion Hangzhou Representative Office of LNG to China, the potential development of a stainless steel industry in the State and Room 910 • World Trade Office Plaza the Supreme Court of Western Australia’s decision to grant proponents in the Hope Downs Zhejiang World Trade Centre 15 Shuguang Road • Hangzhou 310007 iron ore project third-party access to BHP Billiton’s rail network in the Pilbara. PEOPLES REPUBLIC OF CHINA Tel: +86 571 8795 0296 • Fax: +86 571 8795 0295 We at the Department of Industry and Resources wish all of our Prospect readers a happy E-mail: [email protected] and safe Christmas, and a prosperous year in 2004. Taiwan WA Business Development Manager Australian Commerce & Industry Office Australian Business Centre Suite 2606, International Trade Building #333 Keelung Road Section 1 • TAIPEI 110 TAIWAN Tel: +886 2 8780 9118 ext 216 • Fax: +886 2 2757 6707 Email: nicholas.mckay@austrade,gov.au Thailand WA Business Development Manager Australian Trade Commission • Australian Embassy 37 South Sathorn Road • BANGKOK 10120 • THAILAND Tel: +662 287 2680 Ext 3307 • Fax: +662 287 2589 E-mail: [email protected] in this issue special feature SOUTH WEST In this edition, Prospect takes a look at the South West of Western Australia, an area with a reputation not only for fine wines, timber and tourism, but also for its mineral, petroleum and renewable timber potential. Turn to pages 4-21 for more details. 2 GORGON GAS 15 MINERAL SANDS In what’s shaping up as the LNG industry’s biggest Doral Mineral Sands Pty Ltd creates a good impression in single export deal, partners in the Gorgon gas project and around Dardanup where it has established a new heavy have signed an agreement to supply China with 100 mineral sands mine and plant. million tonnes of LNG worth up to A$30 billion. 16 COGENERATION 3STAINLESS STEEL Alinta and Alcoa combine with a plan to lower CO2 emissions The head of the Australian Stainless Steel Development and save millions of dollars with a cogeneration plant at the Association says Western Australia has the potential to Pinjarra alumina refinery. become a major production centre for the commodity. 17 CLEAN COAL 4INVESTMENT OPPORTUNITIES Often seen as a dirty fuel, coal is fighting back with The Department of Industry and Resourceslists a researchers heralding a brighter future for the State’s coal number of resource-related investment prospects for the industry. South West of Western Australia. 21 WATER SUPPLIES 8 PETROLEUM EXPLORATION Progress with the development of A$80 million worth of Big rewards await those who can find commercial water infrastructure for gas processing projects on the quantities of gas and petroleum in the Perth Basin. Burrup Peninsula. 14 ALCOA ANNIVERSARY 22 OIL MILESTONE After 40 years of mining bauxite in Western Australia, December 2003 marks the 50th anniversary of the first oil Alcoa now employs 4300 people and produces A$2.3 discovery of oil at Rough Range in northwest Western billion worth of alumina annually. Australia. Petroleum is now the State’s No. 1 resource commodity, with output worth in excess of A$10 billion annually. 36 RESOURCES MAP Front cover: Amity Oil’s exploration drill Prospect ISSN 1037-4590 rig at Whicher Range near Western Australian Prospect magazine is published quarterly by the Western Australian Government’s Department of Industry and Busselton. Resources (DoIR) and Ray Burns Media. Editorial management: John Terrell, DoIR Communications & Marketing Division. Tel: (08) 9327 5555 • Fax: (08) 9327 5500. Advertising management: Ray Burns Media, PO Box 1230, South Perth Westerm Australia 6951 Tel: (08) 9474 3288 • Mobile: 0408 474 328 • Email: [email protected] Prospect has been compiled in good faith by the Department of Industry and Resources from information and data gathered in the course of the magazine’s production. Opinions expressed in Prospect are those of the authors and not necessarily those of the Department of Industry and Resources. No person or organisation should act on the basis of any matter contained in this publication without considering, and if necessary taking, Department of appropriate professional advice from other sources. The Department of Industry and Industry and Resources Resources, its employees and contracted personnel undertake no responsibility to any person or organisation in respect of this publication.
Load more

Recommended publications
  • Of the Environmental Protection Act 1986. EPA
    FORM REFERRAL Referral of a Proposal by the Proponent to the Environmental Protection Authority under PROPONENT Section 38(1) of the Environmental Protection Act 1986. EPA PURPOSE OF THIS FORM Section 38(1) of the Environmental Protection Act 1986 (EP Act) provides that where a development proposal is likely to have a significant effect on the environment, a proponent may refer the proposal to the Environmental Protection Authority (EPA) for a decision on whether or not it requires assessment under the EP Act. This form sets out the information requirements for the referral of a proposal by a proponent. Proponents are encouraged to familiarise themselves with the EPA’s General Guide on Referral of Proposals [see Environmental Impact Assessment/Referral of Proposals and Schemes] before completing this form. A referral under section 38(1) of the EP Act by a proponent to the EPA must be made on this form. A request to the EPA for a declaration under section 39B (derived proposal) must be made on this form. This form will be treated as a referral provided all information required by Part A has been included and all information requested by Part B has been provided to the extent that it is pertinent to the proposal being referred. Referral documents are to be submitted in two formats – hard copy and electronic copy. The electronic copy of the referral will be provided for public comment for a period of 7 days, prior to the EPA making its decision on whether or not to assess the proposal. CHECKLIST Before you submit this form, please check that you have: Yes No Completed all the questions in Part A (essential).
    [Show full text]
  • Vacancies Increase for 5Th Straight Month
    MTHEAUSTLIAN R publication ININaustralianminingreview.com.auG EVIEa WPTY LTD PP100007123 ISSUE 107, JANUARY 2017 NEWS: TECHNOLOGY & INNOVATION P10 AUSTRALIAN CONTRACTORS IN AFRICA P17 THE INTERVIEW: REBECCA KNOL P70 Mining jobs recovery Vacancies increase for 5th straight month ELIZABETH FABRI “THE WA SECTOR, IN a sign of the revival for the sector, WITH ITS employment opportunities for Australian BROADER MIX OF resources workers have risen by almost 20 per cent in the last six months. PRODUCTS, HAS DFP Mining and Resources’ latest job GOOD POTENTIAL index stated employment in the resources sector had improved by 1.5 per cent to FOR FURTHER 60.42 in November; this represented IMPROVEMENTS the industry’s fifth consecutive monthly vacancy rise. AFTER THE “Job opportunities have now risen a HOLIDAY SEASON.” significant 19.6 per cent in the last six months,” the report stated. “Permanent vacancy growth stood out again, rising 2.4 per cent to 57.43, while temporary and contract roles managed a small increase of 0.4 per cent. It found permanent job opportunities were up a healthy 14.5 per cent over the last three months, while demand for temporary and contract staff had risen 23.9 per cent in the last six months. “[This] demonstrates that mining and resource employers are showing confidence in this early stage of the recovery phase,” DFP stated. Of the commodities surveyed, the coal industry was the top performer for the month, rising 10.7 per cent, while metal (continued on page 6) ore mining saw its first decrease since April by 3.8 per cent.
    [Show full text]
  • Mining Area C SRE Invertebrate Fauna Impact Assessment
    Mining Area C SRE Invertebrate Fauna Impact Assessment Mining Area C - Life of Project Environmental Management Plan Revision 6 Environmental Impact Assessment of Short-range Endemic Invertebrates BHP Billiton Iron Ore Pty Ltd June 2015 Page | 0 Mining Area C SRE Invertebrate Fauna Impact Assessment Mining Area C Life of Project Environmental Management Plan Revision 6 Environmental Impact Assessment of Short-range Endemic Invertebrates DOCUMENT STATUS Version Review / Approved for Approved for Issue to Author No. Issue Name Date E. Drain (BHP 1 S. Callan, B. Durrant M. O'Connell 08/12/2014 Billiton Iron Ore) 2 S. Callan B. Durrant E. Drain 14/01/2015 3 S. Callan B. Durrant E. Drain 27/01/2015 Final S. Callan B. Durrant E. Drain 26/06/2015 IMPORTANT NOTE Apart from fair dealing for the purposes of private study, research, criticism, or review as permitted under the Copyright Act, no part of this report, its attachments or appendices may be reproduced by any process without the written consent of Biologic Environmental Survey Pty Ltd (“Biologic”). All enquiries should be directed to Biologic. We have prepared this report for the sole purposes of BHP Billiton Iron Ore Pty Ltd (“Client”) for the specific purpose only for which it is supplied. This report is strictly limited to the Purpose and the facts and matters stated in it do not apply directly or indirectly and will not be used for any other application, purpose, use or matter. In preparing this report we have made certain assumptions. We have assumed that all information and documents provided to us by the Client or as a result of a specific request or enquiry were complete, accurate and up-to-date.
    [Show full text]
  • View Annual Report
    2010 Annual Report We expect to triple our production base by 2015. A SOLID BASE A POSITION OF STRENGTH GroA ROBUST PROJwECT PIPELINE th A nickel A copper A copper-gold A nickel project under deposit in the One of the The 8th largest operation in a operation with construction in new Copperbelt world’s major copper mine in growing mining over 30 years mining-friendly located in undeveloped the world jurisdiction of mine life Finland NW Zambia copper deposits Kansanshi Guelb Moghrein Ravensthorpe Kevitsa Sentinel Haquira First Quantum Minerals Ltd. is a growing mining and metals First Quantum currently The Company’s current company engaged in mineral produces LME grade “A” copper approved copper projects are exploration, development cathode, copper in concentrate, expected to increase annual and mining. The Company’s gold and sulphuric acid and is production by at least 45% objective is to become a on track to become a significant by 2015. In addition, later-stage globally diversified nickel producer by 2012. The exploration projects have mining company. Company's current operations the potential to add a further are the Kansanshi copper-gold 500,000 tonnes of annual mine in Zambia and the Guelb copper production. Moghrein copper-gold mine in Mauritania. In 2010, First Quantum produced 323,017 tonnes of copper, 191,395 ounces of gold and generated $2.4 billion of revenues. Unless otherwise noted, all amounts in this report are expressed in United States dollars. 2010 Annual Report In 2010, our operations continued to provide a solid base to support our growth strategy.
    [Show full text]
  • Attachment 13
    Appendix 13 Executive Summary ‘The modern world is built on steel which has become essential to economic growth. In developing and developed nations alike, steel is an indispensable part of life … The future growth in demand for steel will be driven mainly by the needs of the developing world.’1 Note: 87% of all world metals consumed are iron and steel. Australia is rich in natural resources. Among the key resources in abundance are iron ore and thermal and coking coal; the key feedstock for steel. Queensland has an abundance of coal, while Western Australia has an abundance of iron ore. Australia has a small population with limited steel production, so these resources are shipped internationally to be used as inputs to steel production. Strong growth in raw steel production and consumption, driven by the rapid industrialisation of China and India in particular, is expected to continue. This will necessitate substantial investment in new global steelmaking capacity. Australia plays a significant leading role in the export steelmaking supply-chain as it has an estimated 40% of the world’s high grade seaborne iron ore and 65% of the world’s seaborne coking coal. Project Iron Boomerang was developed by East West Line Parks Pty Ltd (“EWLP”) to explore the economic feasibility of establishing first-stage steel mill semi-finished steel production in Australia, close to the major raw materials inputs. This Pre-Feasibility Study provides strong evidence that the construction of first-stage smelter precincts offers many cost effective consolidation and efficiency savings, and that a dedicated railroad with all supporting infrastructure is feasible and economically favourable for steelmakers.
    [Show full text]
  • 49422 DO PROSPECT SEPT.Indd
    WESTERN AUSTRALIA’S INTERNATIONAL RESOURCES DEVELOPMENT MAGAZINE September–November 2004 $3 (inc GST) Nickel Kambalda reborn Discoveries: The search takes off Kwinana’s golden anniversary DEPARTMENT OF INDUSTRY AND RESOURCES Investment Services 168 St Georges Terrace PERTH Western Australia 6000 Postal address: Box 7606 • Cloisters Square Perth Western Australia 6850 FROM THE MINISTER Tel: +61 8 9327 5555 • Fax: +61 8 9222 3862 Email: [email protected] www.doir.wa.gov.au New hi-tech airborne geological survey INTERNATIONAL OFFICES Europe European Offi ce • 5th fl oor, Australia Centre he Western Australian Government’s However, while Corner of Strand and Melbourne Place A$12million hi-tech airborne our resources sector LONDON WC2B 4LG • UNITED KINGDOM geological survey program will is vital to our State’s Tel: +44 20 7240 2881 • Fax: +44 20 7240 6637 T Email: [email protected] potentially unlock billions of dollars in economy, nothing is Clive Brown, MLA Minister for State India — Mumbai natural resources and create new jobs more important than Development Western Australian Trade Offi ce and opportunities for current and future ensuring workers return 93 Jolly Maker Chambers No 2 9th fl oor, Nariman Point • MUMBAI 400 021 INDIA generations of Western Australians. home safely. Tel: +91 22 5630 3979/74/78 • Fax: +91 22 5630 3977 The new four-year program is designed Western Australia’s resources sector has Email: [email protected] to double the area of the State covered by a strong and enviable record in protecting India — Chennai Western Australian Trade Offi ce - Advisory Offi ce base-line airborne geophysical data that the health and safety of its workers and the 1 Doshi Regency • 876 Poonamallee High Road provides an image of the rocks beneath number one priority of the industry is to Kilpauk • Chennai 600 084 • INDIA soil and sand cover.
    [Show full text]
  • Public Affairs Parliament House PERTH WA 6000 \
    12 November 2009 Hon Brian Ellis MLC BY EMAIL: [email protected] Chairman Standing Committee on Environment and Public Affairs Parliament House PERTH WA 6000 \ Dear Mr Ellis RE: Submission-Petition No. 45 Esperance Anglican Community School, kirrars 11 and 1 10/ I thank you for the opportunity to make a submission on the petition relating Derance Anglica -•• unity School. The petition is in response to the decision by the Minister for Education not to a . 6 tile 'm of the condition on the registration of the Esperance Anglican Community School (EACS) for Year 11/12 in 201.1, ason given by the Minister was that such an action would have a detrimental effect on the upper secondary (Year 11 and 12) educational program of Esperance Senior High School (ESHS). The petitioners who represent families of Esperance and the surrounding regions serviced by the Esperance Anglican Community School believe that the Minister has erred in her decision and I support the view of the petitioners. The Minister, in making her decision, discussed four main reasons for her conclusion which I will address as follows: 1. Source of Year 11 Cohort for EACS The Minister has concluded that the major source of enrolment for the year 11 cohort would be from ESHS and this would have a detrimental impact on current programmes. However, in spite of the closure of the Ravensthorpe Nickel Mine, enrolments at Esperance Senior High School are significantly up, particularly in Year 11 and 12 in 2009 in comparison to the previous year. Year 11 has 236 students in 2009 compared to 200 in 2008 and Year 12 has 162 in Year 12 compared to 130 in 2008.
    [Show full text]
  • View Annual Report
    CREATING TOMORROW TODAY BHP BILLITON LIMITED ANNUAL REPORT 2004 BHP Billiton is the world's largest diversified resources group, operating a unique mix of high-quality assets across the globe. We structure our portfolio of assets into seven customer-oriented groupings called Customer Sector Groups. These are Petroleum, Aluminium, Base Metals, Carbon Steel Materials, Diamonds and Specialty Products, Energy Coal and Stainless Steel Materials. As you will see on the following pages, our commodities are used in a vast range of products, from playful plastics to powerful PCs to super-fast trains. We're proud of the contribution our operations are making to 'creating tomorrow today' while delivering value and sustainable returns for our shareholders. WE CREATE VALUE THROUGH THE DISCOVERY, DEVELOPMENT, CONVERSION AND MARKETING OF NATURAL RESOURCES ANNUAL GENERAL MEETING The Annual General Meeting of BHP Billiton Limited will be held at the Harbourside Auditorium, Sydney Convention and Exhibition Centre, Darling Harbour, Sydney on Friday 22 October 2004 commencing at 11.00 am. ABOUT THIS REPORT BHP Billiton is a Dual Listed Company comprising BHP Billiton Limited and BHP Billiton Plc. The two entities continue to exist BHP Billiton Limited. as separate companies but operate as a combined group known as BHP Billiton. ABN 49 004 028 077. Registered in Australia. The headquarters of BHP Billiton Limited and the global headquarters of the combined BHP Billiton Group are located in Registered Office: Melbourne, Australia. BHP Billiton Plc is located in London, UK. Both companies have identical Boards of Directors and are 180 Lonsdale Street, run by a unified management team.
    [Show full text]
  • 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.
    [Show full text]
  • BHP Billiton: Dirty Energy
    dirty energy Alternative Annual Report 2011 Contents Introduction 1 BHP Global mining operations – dirty energy investments 3 Coal BHP Billiton in Colombia: Destroying communities for coal 4 BHP Billiton in Indonesia: Going for Deadly Coal in Indonesia 7 BHP Billiton in Australia: When too much in!uence is never enough 8 BHP Billiton Australia: Coal mine workers "ght back - Queensland 10 BHP Billiton Australia: BHP battle with farmers - New South Wales 10 Oil and Gas and Greenhouse Gases BHP Billiton globally: Re-carbonising instead of decarbonising 11 BHP Billiton in Australia: Hero or destroyer? 12 Uranium BHP Billiton in Australia: “Wanti” uranium – leave it 13 BHP Billiton in Australia: Irradiating the future 15 BHP Billiton in Indonesia: Mining for REDD a false solution to climate change 18 Solutions? Less mining, more reuse and recycling? 19 Moving into rare earths? 20 Footnotes 22 Introduction “More than 30 million people were displaced in 2010 by environmental and weather-related disasters across Asia, experts have warned, and the problem is only likely to grow worse as cli- mate change exacerbates such problems. Tens of millions more people are likely to be similarly displaced in the future by the effects of climate change, including rising sea levels, floods, droughts and reduced agricultural productivity. Such people are likely to migrate in regions across Asia, and governments must start to prepare for the problems this will create.” – Asian Development Bank Report1 %+3 %LOOLWRQ LV WKH ZRUOG¶V ODUJHVW GLYHUVL¿HG QDWXUDO SROLF\
    [Show full text]
  • Introducing Competition Into Natural Monopoly Industries
    Introducing Competition into Natural Monopoly Industries: An Evaluation of Mandated Access to Australian Freight Railroads By Mark Fagan, Senior Fellow* Taubman Center for State and Local Government WP-2008-01 1 I. Study Context Policy makers have long grappled with introducing competition into natural monopoly industries such as transportation, telecommunications and electricity in order to eliminate excess profits and assure efficient provision of service. Freight railroads presented a particular challenge because rather than earn monopoly rents, the industry in North America, Europe and Australia struggled to remain financially viable in the face of competition from other modes, especially trucks. For example, US rail share of freight transportation declined 33% between 1950 and 1975. During the 1970s, the rail industry’s return on equity was in the 3% range and return on sales was only 4%. Several major US railroads declared bankruptcy in the 1970s including the Penn Central, the Rock Island, and the Erie Lackawanna. The freight rail experience in Europe and Australia was similar although government subsidies and road freight regulation kept the railroads in business. Policy makers in the US were the first to tackle the problem of freight railroad viability. The solution adopted was total economic deregulation. The rationale for the change was that regulation was inhibiting the rail industry from responding to competitive pressures from the trucking industry. With the Staggers Act of 1980, US railroads were free to enter and exit markets, introduce new service offerings, enter into private contracts with shippers, set rates and abandon track. Over the next two decades, the railroads reduced costs, rationalized capacity and increased productivity.
    [Show full text]
  • China Petroleum Technology Breakthrough
    WESTERN AUSTRALIA’S INTERNATIONAL RESOURCES DEVELOPMENT MAGAZINE September–November 2003 $3 (inc GST) LNG Technology breakthrough China Massive supply potential Petroleum Big and getting bigger rint post approved PP 665002/00062 rint post approved P WESTERN AUSTRALIAN OFFICES Department of Industry and Resources Mineral House • 100 Plain Street • EAST PERTH WA 6004 Tel: +61 8 9222 3333 • Fax: +61 8 9222 3430 www.doir.wa.gov.au Investment 168–170 St Georges Terrace • PERTH Western Australia 6000 FROM THE MINISTER Postal address: Box 7606 • Cloisters Square PERTH Western Australia 6850 rom the first discovery of oil at Rough Range near Tel: +61 8 9327 5555 • Fax: +61 8 9222 3862 Email: [email protected] Exmouth 50 years ago, oil and gas have emerged as INTERNATIONAL OFFICES Western Australia’s primary resource exports. Today, their Europe F contribution to the Western Australian economy makes them Government of Western Australia European Office • 5th floor, Australia Centre our most important products. Corner of Strand and Melbourne Place Clive Brown, MLA LONDON WC2B 4LG • UNITED KINGDOM In 2002 alone, more than A$10.6 billion of petroleum products Minister for State Tel: +44 20 7240 2881 • Fax: +44 20 7240 6637 were generated. This has injected millions of dollars in the form Development Email: [email protected] India — Mumbai of royalties back into Western Australia, and has strongly Western Australian Trade Office contributed to the State’s fast economic growth rate. Current 93 Jolly Maker Chambers No 2 indicators suggest Western Australia’s rate of economic growth 9th floor, Nariman Point • MUMBAI 400 021 INDIA Tel: +91 22 230 3973/74/78 • Fax: +91 22 230 3977 will rise to 7% in 2003-04.
    [Show full text]