The latest WA Works Major Projects List will confirm the Pilbara’s stunning comeback with the region hosting the bulk of $6b of new projects identified for the September quarter.
And sustainment is the new black for WA’s supply chain as the state’s biggest mining companies – Rio Tinto, BHP and Fortescue Metals Group – get set for the next decade of Pilbara production.
Of the nine new projects in the spring edition of the Major Projects List – released last week – a third are Pilbara iron ore-related, while new oil and gas and fertiliser projects are also Pilbara-based.
Prime position is taken by Rio Tinto, which has approved a $2.1b investment to sustain production at its Robe River mining joint venture.
The plan by Rio and its Robe partners Mitsui and Nippon Steel & Sumitomo Metal is expected to generate 1200 construction jobs in the next two years, which we expect to drive economic growth and demand for Perth centric real-estate in the coming years.