The Chamber of Minerals and Energy of Western Australia https://www.cmewa.com.au/ Tue, 24 Jun 2025 23:21:36 +0000 en-AU hourly 1 https://wordpress.org/?v=6.8.1 https://www.cmewa.com.au/wp-content/uploads/2024/11/cropped-Kaleidoscope-Symbol-Low-Res-PNG-32x32.png The Chamber of Minerals and Energy of Western Australia https://www.cmewa.com.au/ 32 32 Resources sector locks in commitment to DigiTech in WA schools https://www.cmewa.com.au/media-release/articles/resources-sector-locks-in-commitment-to-digitech-in-wa-schools/ Tue, 24 Jun 2025 23:21:36 +0000 https://www.cmewa.com.au/?p=29714 A trailblazing, industry-developed STEM program transforming digital education across the State has…

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A trailblazing, industry-developed STEM program transforming digital education across the State has received an $815,000 funding commitment from some of the State’s leading resources companies.  

BHP, Rio Tinto, Woodside Energy, Chevron and CITIC Pacific Mining have collectively pledged the money to ensure the continued growth of the Chamber of Minerals and Energy WA’s (CME) school-based Digital Technologies Program (DigiTech).  

First launched in 2020 at a handful of Pilbara schools, the DigiTech program now reaches more than 6000 students from pre-primary to Year 10 across 165 schools that span the length and breadth of WA.  

Many of those schools are among the most remote in WA, with DigiTech only expanding into metropolitan Perth in 2025.  

DigiTech’s exponential growth has seen the number of modules on offer – which focus on robotics, automation and coding – grow from one to eight, with each one aligned to the Australian curriculum. 

The renewed commitment will deliver classroom-ready digital technologies equipment for an additional 160 schools, including all Pilbara schools, and increase availability of vital coaching and mentoring services for teachers in regional and remote areas. 

With increased teacher rotation across regional and remote schools, the funding will directly support students to receive quality teaching and improve their digital literacy.  

CME Chief Executive Officer Rebecca Tomkinson said DigiTech aimed to connect learning and skill development with real-world careers.  

“Through the generous and sustained support of our members, CME is working to ensure young people feel confident to use digital technologies in future career pathways,” Ms Tomkinson said. 

“Innovation continually improves the way our industry explores, operates and processes, both here in Western Australia and globally.  

“We want to ensure WA students, regardless of background or location, can participate in what is an exciting future for science and technology.” 

By December 2027, CME members will have invested nearly $3.3 million in DigiTech, with the funding used to provide digital technologies equipment to 250 schools, make the program available to more than 1000 primary and secondary schools and provide dedicated coaching and mentoring services for more than 300 WA teachers. 

Comments attributable to CME President and Rio Tinto Iron Ore Chief Executive Simon Trott: 

“The mining industry has amazing job opportunities for all Australians. From the Great Southern to the Pilbara, CME’s DigiTech program is equipping students with the essential skills needed for the future – not just for mining and energy jobs, but roles across all industries. 

“Rio Tinto looks forward to continuing to support the innovators and problem-solvers of the next generation of workers through this program.” 

Comments attributable to BHP Manager Community WA Rachel Donkin:  

“The DigiTech school-based program was aligned with BHP’s broader community contribution focus of strengthening outcomes in the Pilbara – both in education and beyond. 

“We work with a range of organisations and programs to help ensure young people are equipped with the knowledge, skills and pathways they need to thrive. 

“In an evolving digital world, confidence with these technologies can unlock opportunities for employment, training and further education.” 

Comments attributable to Woodside Head of Social Performance Jo Ferrie: 

“Woodside appreciates the opportunity to support students to access the tools and knowledge they need to thrive in a rapidly evolving technological landscape, regardless of where they live.  

“Through the Digital Technologies Program, we’re investing in both the education of young minds and the development of skills needed in our industry now and in the future, like robotics and data science, inspiring students to engage with the future of science and technology.” 

Comments attributable to CITIC Pacific Mining Head of Corporate Affairs Rob Newton: 

“CITIC Pacific Mining is proud to support this collaboration, helping to strengthen the digital skills of teachers and students across Western Australia and safeguard our State’s socio-economic future.” 

Comments attributable to Baler Primary School Digital Technologies Teacher Bradley Western: 

“Engaging in the CME program presents a valuable opportunity for our school to foster digital literacy and contextual learning among students and staff. 

“Living in the Pilbara, where mining is a central part of the community and economy, it allows us to connect abstract coding concepts to real-world applications. 

“DigiTech not only enhances student engagement but also helps them envision future career pathways in STEM fields that are directly tied to their environment.” 

Comments attributable to Tambrey Primary School principal Shiona Hobart: 

“This initiative allows us to bring real-world, digital learning right into our classrooms – something that’s not just exciting, but essential. 

“At Tambrey, we know our role goes far beyond teaching the basics; we’re helping to prepare our kids for a future where confidence with technology will open doors to countless opportunities.  

“What’s really special is watching their skills grow – not just for use at school, but in ways that will serve them well in high school, the workforce, and life beyond. 

“I’m especially looking forward to August, when Estella and Faruk will travel to Perth to showcase their work at the Resources Technology Showcase.” 

 

Media contacts: 

Josh Zimmerman j.zimmerman@cmewa.com / 0404 947 719

Natasha Mutch n.mutch@cmewa.com / 0435 383 382

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Resources sector powers WA budget to seventh consecutive surplus https://www.cmewa.com.au/media-release/articles/resources-sector-powers-wa-budget-to-seventh-consecutive-surplus/ Thu, 19 Jun 2025 06:09:30 +0000 https://www.cmewa.com.au/?p=29710 The Chamber of Minerals and Energy of Western Australia (CME) welcomes the…

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The Chamber of Minerals and Energy of Western Australia (CME) welcomes the release of the 2025-26 WA Budget, which confirms the resources sector has provided more than a quarter of government revenue over the past seven years.

The $10.5 billion in royalties and payments expected in FY25 was more than enough to fund the salaries of every police officer and public health worker in the State. It also helped WA deliver an operating surplus of $2.5 billion – the State’s seventh consecutive surplus.

The continued strength in royalty payments – which have totalled $77.8 billion over the past seven years – reflects a resilient iron ore price and record prices for gold, which are masking the very challenging conditions facing nickel and lithium producers.

CME Head of Economics Aaron Walker said the resources sector continued to underpin the high quality of life enjoyed by West Australians.

“No other industry has made a greater contribution to the State’s financial health over such an extended period of time,” Mr Walker said.

“The $77.8 billion in royalty payments over the past seven years is enough to build Optus Stadium 48 times over, with that money enabling the provision of essential services such as roads, rail, schools, hospitals, police and cost of living assistance for struggling families.”

The 2025-26 Budget was headlined by $963 million in cost-of-living measures for West Australians, including rebates for residential batteries, the second round of the WA Student Assistance Payment and the introduction of one-zone flat fares across the public transport system.

It also included a focus on economic infrastructure and utilities, with $15 billion allocated over the next four years to poles wires, pipes and ports.

Of that money, an additional $584 million is being invested in Clean Energy Link North, the first of a number of major new transmission lines that will be critical to decarbonising WA’s power grids.

The WA Government’s election commitment to double the Strategic Industries Fund to $1 billion has been funded, while $543 million will be spent upgrading the Goldfields pipeline to meet growing industrial and agricultural demand for water.

Mr Walker welcomed the investment in infrastructure designed to enhance the productive capacity of WA’s resources sector.

“Royalties are now firmly entrenched as a critical revenue stream for the WA Government,” Mr Walker said.

“Ensuring that stream continues to flow strongly throughout the clean energy transition will require a sustained focus on ensuring we have the right fundamentals in place to attract global investment.”

CME’s Pre-Budget Submission focused on three key themes: accelerating the energy transition, streamlining project approvals and delivering turnkey industrial land.

“Industry is concerned about the rising cost of electricity on the South West Interconnected System (SWIS),” Mr Walker said.

“Access to affordable and reliable energy was a key issue raised at the Premier’s recent Economic Resilience Forum.

“Competitive electricity prices are essential not just for the development of new industries, but for the ongoing viability of the existing operations that have helped fund this budget.”

Earlier this week the WA Government announced a period of rapid industry consultation ahead of finalising plans for the State’s transmission rollout by the end of the year.

“It is important the WA Government prioritises releasing a master transmission plan as soon as possible because we know transmission lines are critical to unlocking investment in new large-scale renewables,” Mr Walker said.

“On the generation side, the recent release of draft Community Benefits Guidelines for renewable projects is a positive step towards accelerating the build-out required to replace coal-fired power, while ensuring local communities also benefit.”

CME also welcomes confirmation the Strategic Industries Fund will be doubled to $1 billion, as pledged ahead of the recent State election.

“We know that WA’s 13 Strategic Industrial Areas are not currently project-ready, or competitive with those on offer by our South East Asian neighbours, so we appreciate the Government taking action to address this,” Mr Walker said.

Media contacts: 

Josh Zimmerman j.zimmerman@cmewa.com / 0404 947 719

Natasha Mutch n.mutch@cmewa.com / 0435 383 382

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Re-elected Albanese Government must rapidly shift focus to improving investment fundamentals https://www.cmewa.com.au/media-release/articles/re-elected-albanese-government-must-rapidly-shift-focus-to-improving-investment-fundamentals/ Sat, 03 May 2025 23:26:54 +0000 https://www.cmewa.com.au/?p=29698 The Chamber of Minerals and Energy WA (CME) congratulates Prime Minister Anthony…

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The Chamber of Minerals and Energy WA (CME) congratulates Prime Minister Anthony Albanese and Federal Labor on their election win on Saturday.  

Notable commitments from Federal Labor’s election campaign included establishing a $1.2 billion Critical Minerals Strategic Reserve, going back to the drawing board on Nature Positive reforms and ruling out new taxes or royalties targeting the resources sector.  

CME Chief Executive Officer Rebecca Tomkinson said she looked forward to genuine and transparent consultation on the implementation of election promises and other ways to support the sector that underpins the national budget. 

 “Streamlining and accelerating Federal environmental assessments goes to the heart of reversing the recent decay in Australia’s investment fundamentals,” Ms Tomkinson said. 

 “Environmental law reform is long overdue but must deliver on the stated goal of improving outcomes for both the environment and for business. The only way to achieve that is through early, open and frequent consultation with all stakeholders. 

 Ms Tomkinson said well-designed industrial policy could position WA as a trusted and stable supplier of rare earths and other critical minerals as the globe scrambles to diversify supply chains. 

 “The Critical Minerals Strategic Reserve is a potentially important avenue to unlock investment in Australia’s rare earth reserves, which are the third largest in the world,” she said. 

 “However, it is vital any plans for stockpiling contain safeguards against applying continued downward pressure to commodity prices that might impact the viability of existing or prospective Australian operations.” 

Ms Tomkinson said the best way to sustain and grow the WA resources sector remained reducing the cost and complexity of doing business.  

“WA has an abundance of the minerals and energy the world needs to navigate both the energy transition and rising geopolitical instability,” she said. 

“But we’re not the only place that produces commodities like iron ore, LNG and rare earths.  

“Investors have options. As a nation, we need to start acting like we’re serious about competing for their capital. 

“The issues impacting our sector have been clearly articulated. Energy prices are too high and rising. Project assessments take far too long. Australia’s corporate tax settings are uncompetitive. Industrial relations changes have broken the crucial connection between productivity and wages growth. 

“While Future Made in Australia supports like production tax incentives and the Green Iron Investment Fund are important and welcome, they cannot compensate for flawed fundamentals.  

“Australia is well placed to capture a new wave of resources investment to underpin another generation of prosperity – but that wave will pass us by completely if we fail to get the basics right.” 

Ahead of the election, CME released a Federal Pre-Budget Submission containing more than 90 comprehensive recommendations that provide a blueprint for the Commonwealth to reverse declining productivity and maintain Australia’s standing as a resources powerhouse. 

 

Media contacts: 

Josh Zimmerman j.zimmerman@cmewa.com / 0404 947 719   

Natasha Mutch n.mutch@cmewa.com / 0435 383 382 

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Strategic Critical Minerals Reserve to support investment in commodities vital to national security and energy transition https://www.cmewa.com.au/media-release/articles/strategic-critical-minerals-reserve-to-support-investment-in-commodities-vital-to-national-security-and-energy-transition/ Thu, 24 Apr 2025 02:13:39 +0000 https://www.cmewa.com.au/?p=29693 The Chamber of Minerals and Energy WA (CME) acknowledges the Albanese Government’s…

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The Chamber of Minerals and Energy WA (CME) acknowledges the Albanese Government’s commitment to establishing a Strategic Critical Minerals Reserve if re-elected on May 3.

Under the proposal, the Australian Government would offer to enter into voluntary offtake agreements with producers of select critical minerals, including rare earths, and in some cases stockpile materials for strategic purposes.

The existing Critical Minerals Facility – which offers financing to projects that are aligned with the national Critical Minerals Strategy – would be boosted by $1 billion to fund the new measures.

A task force will be created to consult and finalise the scope and design of the strategic reserve, which is expected to be operational in the second half of 2026

CME Chief Executive Officer Rebecca Tomkinson said the proposal was clear recognition of the importance of Western Australia’s critical minerals.

“Australia holds the world’s third largest known rare earth reserves but currently accounts for just three per cent of global production,” Ms Tomkinson said.

“Recent trade and geopolitical disruptions present a golden opportunity for Australia to attract the significant investment required to unlock our world-class critical minerals endowment.

“Like other critical minerals, the market for rare earths is thin, opaque and subject to unpredictable price swings, which has acted as a major barrier to getting projects off the ground.

“Federal Labor’s plan to offer voluntary offtake agreements that allow producers to lock-in stable and predictable revenue may assist in bringing projects to market by enhancing their attractiveness to investors.

“However, it is critical the offtake agreements offer a fair price reflective of Australia’s high ESG standards.

“It will also be important proposed settings are not finalised without close consultation with the industry to ensure the mechanism meets its objectives.”

While today’s announcement focused on a subset of strategic materials, the initiative would supplement existing measures to support Australia’s critical minerals industry, including the ability for the Commonwealth to make equity investments under the Critical Minerals Facility and National Reconstruction Fund.

Ms Tomkinson welcomed the intent of the Strategic Critical Minerals Reserve but cautioned WA would still struggle to compete with international competitors without an ongoing focus on investment fundamentals.

“Getting the basics right remains just as vital as ever, both to sustain existing industry and to capture new investment,” Ms Tomkinson said.

“Extracting and processing critical minerals such as rare earths is energy intensive. For projects to stack up, electricity costs will need to retreat from their recent record highs.

“We also need much faster project assessments and continue to call for the unwinding of industrial relations changes that have broken the link between productivity gains and wages.”

The International Energy Agency forecasts demand for critical minerals – including rare earths – could quadruple by 2040 as part of global efforts to decarbonise.

Rare earths elements are an essential ingredient in the magnets used in wind turbines and electric vehicle motors, as well as for a wide range of specialist medical equipment and military hardware including fighter jets and submarines.

 

Media contacts: 

Josh Zimmerman j.zimmerman@cmewa.com / 0404 947 719

Natasha Mutch n.mutch@cmewa.com / 0435 383 382

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CME Annual General Meeting confirms unchanged senior leadership https://www.cmewa.com.au/media-release/articles/cme-annual-general-meeting-confirms-unchanged-senior-leadership/ Wed, 09 Apr 2025 03:45:07 +0000 https://www.cmewa.com.au/?p=29683 Simon Trott has been re-elected President of the Chamber of Minerals and…

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Simon Trott has been re-elected President of the Chamber of Minerals and Energy Western Australia (CME) at the Chamber’s Annual General Meeting held today. 

Mr Trott, who is the Chief Executive of Rio Tinto Iron Ore in Western Australia, will remain at the helm of the CME board for a second year. 

DEVELOP Global Limited Managing Director Bill Beament and Hancock Prospecting Group Projects Chief Executive Officer Sanjiv Manchanda were also re-elected as Vice Presidents.  

The decision at CME’s 124th AGM to stick with an unchanged senior leadership team comes during a period of significant upheaval and uncertainty for the WA resources sector.  

“For more than a century CME has advocated for policy settings to support a resilient resources sector that drives economic and community benefits across the State and Australia,” Mr Trott said.  

“In navigating an increasingly uncertain global outlook, the role of the CME remains as important as ever. 

“I look forward to working alongside Rebecca and the rest of the executive council to ensure our sector continues to be a key contributor for decades to come.” 

Mr Trott has spent more than 20 years at Rio Tinto in a variety of operational, commercial and business development roles spanning a range of commodities.  

CME Chief Executive Officer Rebecca Tomkinson congratulated Mr Trott on his re-election.  

“Simon’s experience and breadth of knowledge has been invaluable to the CME leadership team and we are fortunate he will continue to play a key role guiding the organisation’s strategic direction,” Ms Tomkinson said. 

“The WA resources sector injected more than $150 billion into the national economy last year, paid more than $50 billion in State and Commonwealth taxes and royalties and supported nearly one third of all WA jobs.  

“We’ve become accustomed to that kind of contribution from our sector but it shouldn’t be taken for granted.  

“The entire CME leadership team is committed to working tirelessly to ensure the challenges now confronting industry remain front of mind for policymakers and that we don’t miss the immense opportunity presented by the transition to net zero.” 

 

Media contacts: 

Josh Zimmerman j.zimmerman@cmewa.com / 0404 947 719   

Natasha Mutch n.mutch@cmewa.com / 0435 383 382 

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Broad tariff exemptions for WA resources illustrates sector’s enduring importance to the United States https://www.cmewa.com.au/media-release/articles/broad-tariff-exemptions-for-wa-resources-illustrates-sectors-enduring-importance-to-the-united-states/ Fri, 04 Apr 2025 06:58:26 +0000 https://www.cmewa.com.au/?p=29673 The Chamber of Minerals and Energy of Western Australia (CME) expects no…

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The Chamber of Minerals and Energy of Western Australia (CME) expects no direct and immediate impact from US reciprocal tariffs unveiled on April 3, with wide-ranging exemptions in place for commodities produced within the State.

Following detailed analysis of yesterday’s announcement, CME notes exemptions exist for iron ore, gold, LNG, bauxite, alumina and critical minerals including lithium and rare earths.

CME Chief Executive Officer Rebecca Tomkinson said the exemptions highlighted the ongoing significance of minerals and energy produced in WA to the world’s biggest economy.

“These exemptions are recognition that commodities like those we produce cannot simply be conjured out of thin air,” Ms Tomkinson said.

“WA is one of the world’s leading mining jurisdictions and remains well positioned to supply our trading partners – including the US – with minerals and energy central to our daily lives.”

While the WA resources sector appears to have escaped direct US import duties, Ms Tomkinson cautioned the outlook remained uncertain.

“A return to protectionism and import tariffs is a concerning backwards step that threatens to slow global growth,” Ms Tomkinson said.

“Significant tariffs placed on many of WA’s key trading partners – including China, Japan and South Korea – may reduce economic output and result in lower demand for WA’s key commodity exports.

“A broader trade war leading to escalating tariffs could substantially damage an economy as trade- exposed as WA.

“In an increasingly uncertain global environment, Australia must focus on the things we can control.

“The highest priority to ensure the ongoing competitiveness of the WA resources sector must be a laser-like focus on reducing costs.

“That includes speeding up project assessments, rapidly bringing down the price of electricity and implementing harmonious workplace settings that prioritise a return to productivity-driven wages growth.”

Following Prime Minister Anthony Albanese’s proposal to create a Strategic Critical Minerals Reserve in response to US tariffs, CME is working to engage with the Government to ensure the policy delivers positive outcomes for industry.

“It is vital that any intervention improves the economics of WA critical minerals projects rather than placing additional barriers in the path of proponents,” Ms Tomkinson said.

“Western Australia has significant critical minerals deposits and is a major producer of a wide range of the commodities needed to support the energy transition.

“This means WA is extremely well placed to help diversify supply chains for a wide range of goods including wind turbines, batteries, defence and medical equipment.”

 

Media contacts: 

Josh Zimmerman j.zimmerman@cmewa.com / 0404 947 719

Natasha Mutch n.mutch@cmewa.com / 0435 383 382

 

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Federal Budget: Resources sector’s success underpins cost of living relief for all Australians https://www.cmewa.com.au/media-release/articles/federal-budget-resources-sectors-success-underpins-cost-of-living-relief-for-all-australians/ Tue, 25 Mar 2025 09:05:37 +0000 https://www.cmewa.com.au/?p=29660 The Chamber of Minerals and Energy WA (CME) notes the release of…

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The Chamber of Minerals and Energy WA (CME) notes the release of the 2025-26 Federal Budget, which contains substantial cost of living relief for all Australians funded in part by the sustained success of the resources sector.

After strong commodity prices helped the Commonwealth record its first consecutive surpluses in nearly two decades in FY23 and FY24, the resources sector is forecast to again make a significant contribution to the national balance sheet through taxes and royalties in FY25.

Around one quarter of corporate tax comes from the resources sector, while workers in Australia’s highest paying industry are also an important source of income tax.

That revenue has helped the Commonwealth fund a range of cost-of-living support for Australians including $17.1 billion in new income tax cuts, a $1.8 billion extension of electricity bill subsidies, an $8.4 billion expansion of Medicare bulk-billing, $689 million to cap PBS medications at $25 and $427 million to increase childcare subsidies.

CME Chief Executive Officer Rebecca Tomkinson also welcomed confirmation of several Future Made in Australia measures in the Budget, which address a range of recommendations in the Chamber’s Federal Pre-Budget Submission.

However, she said substantial work remained to improve Australia’s investment attractiveness and ensure the resources sector remained well-positioned to continue supporting national prosperity into the future.

“Easing the immediate cost of living burden on struggling families is essential,” Ms Tomkinson said.

“But the best way to deliver long-term, sustainable cost of living relief that doesn’t push the Federal Budget further into deficit is by supporting industry to grow.

“Successful businesses can pay their workers higher salaries. The WA resources sector is a shining example, supporting 6 per cent of all jobs in Australia and offering average earnings 57 per cent higher than the national average.

“The minerals and energy produced in WA are also critical ingredients in low-emission technology including solar panels, wind turbines and batteries, helping both Australia and the rest of the world to decarbonise.

“We know the globe needs our resources and the Commonwealth has acknowledged it needs the private sector to ‘lean in’ and invest to ease pressure on the national balance sheet.

“The missing piece is fundamentals that give business the confidence to deploy their capital in Australia – including affordable and low-emission energy, efficient project assessments and stable and predictable workplace laws and environmental reforms.”

Key recommendations from CME’s Pre-Budget Submission that were not addressed include cutting Australia’s corporate tax rate to a more globally competitive 25 per cent, increasing the Fringe Benefit Tax concession for employer-sourced housing in remote areas and committing to the repeal of recent IR reforms that have reduced the competitiveness and productivity of the WA resources sector.

Key measures in the Budget include:

  • Legislation of the Critical Minerals Production Tax Incentive ($7 billion over the 11 years from 2023-24) and Hydrogen Production Tax Incentive ($6.7 billion over the 10 years from 2024-25).
  • Green Aluminium Production Credit – $2 billion available from 2028 to support Australia’s aluminium smelters to transition to renewable electricity.
  • Green Iron Investment Fund – $1 billion to support “early mover green iron projects and help overcome the initial capital hurdle of investment”. Up to $500 million has already been allocated to the Whyalla steelworks.
  • Green Metals Innovation Fund – $750 million to develop and commercialise green metal technologies and processes, including funding for pilot and demonstration projects.
  • Hydrogen Headstart Fund – up to $814 million awarded to the 1,500MW Murchison Green Hydrogen Project in WA in production incentives to use wind and solar power to create green ammonia for export.
  • Clean Energy Manufacturing Fund – $500 million to support clean energy manufacturing, including wind tower steel fabrication, battery and storage technologies, hydrogen electrolysers and more.
  • Low Carbon Liquid Fuels – $250 million in grant funding to accelerate the domestic supply of sustainable fuel and renewable diesel to benefit transport and mining sectors.
  • Capacity Investment Scheme (CIS) – four battery projects totalling 654MW successfully bid for support in WA’s first tender.

 

Media contacts:

Josh Zimmerman j.zimmerman@cmewa.com / 0404 947 719

Natasha Mutch n.mutch@cmewa.com / 0435 383 382

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Workers, community groups and local businesses share benefits of record WA resources sector spend  https://www.cmewa.com.au/media-release/articles/workers-community-groups-and-local-businesses-share-benefits-of-record-wa-resources-sector-spend/ Sun, 23 Mar 2025 22:02:34 +0000 https://www.cmewa.com.au/?p=29627 WA resources companies pumped at least $150 billion in direct spending into…

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WA resources companies pumped at least $150 billion in direct spending into the national economy in 2023-24 – the biggest outlay in 10 years of economic contribution surveys compiled by the Chamber of Minerals and Energy WA (CME).

The $150 billion spend includes wages to direct employees ($19.8 billion), money spent with local businesses, local governments and on community initiatives ($79.3 billion) and taxes and royalties paid to the State ($12.7 billion) and Federal ($37.7 billion) governments.

Nearly $90 billion of the direct spend occurred in WA, where the resources sector continues to support three in 10 jobs and account for one third of the WA Government’s general revenue.

The $12.7 billion in State royalties and taxes paid by the sector in FY24 were enough to cover the salaries of all WA’s police and public sector teachers, nurses and doctors. The $37.7 billion that went to the Federal Government was nearly enough to fund total Medicare benefits and services.

CME Chief Executive Officer Rebecca Tomkinson welcomed the record result but cautioned it was the outcome of decades of productivity-enhancing investment which was now under serious threat.

“These figures reflect a high-water mark for the resources sector but the tide has now decisively turned,” Ms Tomkinson said.

“Direct spending by the WA resources sector is up 13 per cent compared to FY23 while export values are down 7.5 per cent, squeezing margins and driving project closures.

“That is the reality politicians need to keep front of mind as industry now confronts falling commodity prices, rapidly rising costs, blowouts to project assessment timeframes and uncertainty over environmental reforms.

“The global energy transition should make WA a hotspot for growth and investment. Instead, sections of our sector are in a battle for survival that makes supportive industry settings more important than ever.”

The surveys found the WA resources sector employed more than 111,000 direct FTE workers nationally in FY24, while supporting an additional 730,000 jobs. That is equivalent to 6 per cent of total Australian employment.

Comparing a matched sample of 26 companies captured by both the FY22 and FY24 surveys found that average wages paid to WA resources workers have increased by 14 per cent over the past two years, substantially outpacing Perth’s historically high inflation of 9.7 per cent in the same period.

“The sharp rise in wages is clear evidence that when resources companies do well, their workers do well,” Ms Tomkinson said.

“These wage increases were achieved through direct bargaining with employees and without union interference.

“It’s the same formula that has been in place for decades and has led resources workers to enjoy wages 57 per cent higher than the national average.”

The majority of the sector’s direct spend – $88.2 billion – occurred in Western Australia. It included money spent with 18,077 local businesses and 36,196 contractors onsite, 101 local councils and support for 1,937 community organisations and charitable causes.

“Mining is an integral part of the fabric of this State and the initiatives and causes supported by industry play a vital role enhancing our quality of life and improving access to education, healthcare, sporting pursuits and culture and the arts,” Ms Tomkinson said.

Click here to view CME’s Economic Contribution Fact Sheets.

 

BACKGROUND

58 member companies representing nearly 90 per cent of WA’s royalty revenue receipts participated in the 2023-24 Economic Contribution surveys, meaning the sector’s total expenditure, as well as the overall size of the workforce, will be even higher.

 

Media contacts:

Josh Zimmerman j.zimmerman@cmewa.com / 0404 947 719

Natasha Mutch n.mutch@cmewa.com / 0435 383 382

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Commonwealth support bolsters WA’s green energy credentials but much work remains   https://www.cmewa.com.au/media-release/articles/commonwealth-support-bolsters-was-green-energy-credentials-but-much-work-remains/ Thu, 20 Mar 2025 04:37:30 +0000 https://www.cmewa.com.au/?p=29623 The Chamber of Minerals and Energy WA (CME) welcomes a trio of…

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The Chamber of Minerals and Energy WA (CME) welcomes a trio of Federal Government commitments unveiled today designed to improve reliability in WA’s main power grid, support the establishment of green ammonia production and strip carbon emissions out of industry.  

The 1500MW Murchison Green Hydrogen Project has been selected for support through the Hydrogen Headstart fund and will receive $814 million in production incentives to use wind and solar power to create green ammonia for export.   

On Thursday it was also confirmed four battery projects totalling 654MW have successfully bid for support through the Commonwealth’s Capacity Investment Scheme (CIS) in WA’s first tender, exceeding the planned tender size of 500MW. 

It was also announced Simcoa, Australia’s only silicon manufacturer, would receive $39.8 million through the Powering the Regions Fund (PRF) to expand charcoal production at its Kemerton facility to replace the use of coal.  

CME Chief Executive Officer Rebecca Tomkinson said each of the three announcements supported aspirations to establish WA as a global leader in low-emission manufacturing.  

“It is encouraging to see the Federal Government backing up its words with actions and recognising the role it will be required to play to help WA become a green energy superpower,” Ms Tomkinson said. 

“However, the scale of the task ahead remains enormous. Realising WA’s potential will require a sustained focus on both incentivising new future-facing industries and ensuring the fundamentals are in place to support the continued success of our existing resources operations. 

“The most basic building block is energy that is affordable, reliable and low-emission. Unfortunately, WA is currently seeing costs skyrocket.  

A CME report examining the decarbonisation of the South West Interconnected System (SWIS) found current and planned battery storage capacity was likely to be sufficient until 2030 but transmission and generation investment was urgently required. That included a six-fold increase in wind generation capacity and doubling of both solar and gas-fired generation. 

“CME has consistently called for the WA Government to urgently release a draft transmission masterplan for the SWIS that outlines exactly where and when the new high-voltage lines will be constructed,” Ms Tomkinson said.  

“Without that blueprint, it is almost impossible to attract investment in large-scale solar and wind generation.  

“Wind is particularly important to ensure WA has a source of low-emission electricity when the sun isn’t shining and would be ideally suited to future support through the Commonwealth CIS. 

“Uncertainty over the future availability of low-emission energy is having a chilling effect on investment in the kinds of industries WA is desperate to attract and acting as a major barrier to moving further down the value chain into processing and refining the raw materials we have mined here for generations.” 

 

Media contacts: 

Josh Zimmerman j.zimmerman@cmewa.com / 0404 947 719   

Natasha Mutch n.mutch@cmewa.com / 0435 383 382 

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Innovation fund key to unlocking Australia’s green metals potential https://www.cmewa.com.au/media-release/articles/innovation-fund-key-to-unlocking-australias-green-metals-potential/ Fri, 14 Mar 2025 01:05:00 +0000 https://www.cmewa.com.au/?p=29614 The Chamber of Minerals and Energy WA (CME) welcomes today’s Federal Government…

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The Chamber of Minerals and Energy WA (CME) welcomes today’s Federal Government commitment to dedicating $750 million from the Future Made in Australia Innovation Fund to green metals projects.  

CME Chief Executive Officer Rebecca Tomkinson said local production of low-emission metals offered immense potential for Western Australia to capitalise on its position as a leading global supplier of both iron ore and alumina.  

“Decades of sustained investment in our upstream mining capability means WA has built a strong competitive advantage and is well positioned to be a first mover in the green metals space,” Ms Tomkinson said.  

“However, transformational breakthroughs in green metals production requires both the development and commercialisation of new technologies and processes. 

“Commercialisation is particularly important, as even the best technologies cannot solve the world’s emissions challenge if they cannot be produced at a competitive cost. 

“These activities are neither cheap nor easy, which is why CME has been advocating for expanded R&D support, tax incentives and grants to fast-track the development and commercialisation of homegrown technologies.  

“Many of our major iron ore producers are already investigating cutting-edge methods to slash emissions from the refining of Western Australian ores and should be prioritised for support through this new fund.” 

Steelmaking accounts for between 6 to 9 per cent of global emissions, with ironmaking alone generating up to 90 per cent of that CO2. 

In December, CME released a report that found large-scale production of green iron in WA could reduce global emissions by 1.2 per cent by 2050 – effectively offsetting nearly every tonne of CO2 currently produced in Australia. 

The prospective new industry would also generate $74 billion in economic value and support 19,600 direct jobs.   

While welcoming the fund, Ms Tomkinson stressed developing new pathways to produce green metals was just one piece of the puzzle.  

“Just as important as proving these technologies is ensuring industry has access to the affordable, reliable and low-emission energy that will inevitably be required to run it,” Ms Tomkinson said. 

“Without cost-competitive electricity, Australia has no hope of attracting the investment required to move into green metals manufacturing. 

“Similarly, without a continued focus on the fundamentals underpinning our existing resources sector we will struggle simply to maintain our current industrial base.  

“Bringing down energy costs, slashing project assessment timeframes, providing clarity over environmental reforms and unwinding harmful recent industrial relations changes must all be first order priorities for the next Federal Government.”  

 

Media contacts: 

Josh Zimmerman j.zimmerman@cmewa.com / 0404 947 719   

Natasha Mutch n.mutch@cmewa.com / 0435 383 382 

The post Innovation fund key to unlocking Australia’s green metals potential appeared first on The Chamber of Minerals and Energy of Western Australia.

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