Innovation key to developing WA’s iron ore industry

Mines and Petroleum Minister Bill Marmion has called on WA miners to remain calm and co-operative after a disastrous week on international commodity markets.

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Speaking at the opening of the Iron Ore 2015 conference in Perth, the Minister assured struggling miners that the State Government was doing everything it can to help mining businesses maintain economic viability and employment levels.

“We are behind you 110%. In the face of international volatility, now more than ever is the time for a calm and measured approach and working side-by-side for the long-term benefit of all,” Mr Marmion said.

“We are all in this together and our Government has a strong track record of responsible support for industry. This is a time not only for innovation but for communication. Rest assured my door is always open.”

The Iron Ore 2015 mining conference (13-15 July) is the latest in a well-established and very successful international conference series featuring recent developments in the genesis, geology, exploration, mining and processing of iron ores, including new projects under development.

The event is organised by the Australasian Institute of Mining and Metallurgy (AusIMM) and CSIRO, with extensive sponsorship from the WA Department of Mines and Petroleum and the Geological Survey of WA.

The theme of the conference is “Maximising Productivity” as new projects and expansions bed down after a major period of growth and iron ore market conditions become more volatile and challenging.

“We are sponsoring this event because, like the State Government, its focus is on innovation and productivity. WA has a world-leading iron ore industry, and building on this efficiency will keep us competitive in the face of change,” the Minister said.

“We understand that certainty and confidence are valuable commodities.  That’s why we have left the royalty system unchanged and are going full steam ahead with successful programs like the Exploration Incentive Scheme and streamlining approvals systems.”

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