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Parliamentary Questions

Question Without Notice No. 1122 asked in the Legislative Council on 15 October 2019 by Hon Peter Collier

Parliament: 40 Session: 1

Answered on

MINERAL RESOURCES LTD — EX GRATIA PAYMENT

1122. Hon PETER COLLIER to the minister representing the Treasurer:

I refer to page 247 of the 2018–19 Annual Report on State Finances.

(1) On what date was a $33 million ex gratia payment to Mineral Resources Ltd approved?

(2) Why was the ex gratia payment made to Mineral Resources?

(3) Who approved the ex gratia payment to Mineral Resources?

Hon STEPHEN DAWSON replied:

I thank the Leader of the Opposition for some notice of the question.

(1) The ex gratia payment was approved on 20 November 2018 and disclosed in the 2018–19 Government Mid-year Financial Projections Statement.

(2) As outlined in the 2018–19 midyear statement, the ex gratia payment to Mineral Resources Ltd was made to assist with the purchase of the Cliffs Asia Pacific Iron Ore Pty Ltd Koolyanobbing mine in order to ensure continued operations and local jobs.

(3) Following consideration by the Expenditure Review Committee and endorsement by cabinet, the ex gratia payment was formally approved by the Governor in Executive Council.