.bhp, RioTinto, WoodsideEnergy, Chevron, MRLMinRes, Atlas_Iron, Roy Hill and Hancock Prospecting have all contributed to a A$750m community investment initiative in WesternAustralia mining resources CMEWA
PERTH – The Western Australian government is partnering with the resources sector in a A$750-million Resources Community Investment Initiative , which will facilitate investment in iconic state infrastructure projects and community and social initiatives across Western Australia.
Each company will decide the projects they wish to nominate funding to and individual project agreements will be established with agreed project milestones. “I am confident that other resources companies across Western Australia will join this worthwhile initiative and look forward to seeing some iconic state projects delivered. This last financial year alone, the resources sector delivered record sales of A$231-billion, and as we've seen at the recent Federal Budget, Western Australia continues to be recognised as the economic powerhouse of the nation.
“For more than three decades we have built strong relationships in Western Australia, underpinned by significant social investment and economic contribution aimed at creating a positive legacy for the communities where we live and work. Woodside’s founding commitment of A$50-million to the RCII provides an exciting new opportunity for us to continue this positive contribution to the people of Western Australia.
“Our contribution to the RCII complements our ongoing social investment programme in Western Australia and enables us to support a greater number of worthwhile community and social initiatives that seek to make a positive difference for the people of Western Australia.”welcomed the establishment of the fund, saying the initiative was expected to attract investment from across the breadth of the industry body’s membership.
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