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Parliamentary Questions

Question Without Notice No. 266 asked in the Legislative Council on 2 April 2019 by Hon Robin Scott

Minister responding: Hon M. McGowan
Parliament: 40 Session: 1

Answered on 2 April 2019

BBI GROUP — RAIL INFRASTRUCTURE — PILBARA

266. Hon ROBIN SCOTT to the minister representing the Minister for State Development, Jobs and Trade:

(1) Will the minister confirm that a Flinders Mines Ltd investor presentation to the UBS Australian Iron Ore and Coal Conference in December 2014 referred to a ''Large, 1 040Mt hematite resource'' and a ''Realistic route to market secured via Alliance Agreement with Balla Balla JV participants—Rutila Resources and Todd Minerals''?

(2) Will the minister confirm that the participant in the Balla Balla joint venture, Todd Minerals, is also a party to the state agreement, which is the subject of the Railway (BBI Rail Aus Pty Ltd) Agreement Act 2017?

(3) What action will the minister take to establish whether the aforementioned alliance agreement equates to an agreement for the BBI rail project to carry Flinders Mines iron ore?

Hon ALANNAH MacTIERNAN replied:

I thank the member for the question. The Department of Jobs, Tourism, Science and Innovation advises the following.

(1) The department advises that an online investor presentation, purportedly authored by Flinders Mines for the UBS Australian Iron Ore and Coal Conference, contains the quotes listed above.

(2) Todd Minerals Ltd is a party to the Railway (BBI Rail Aus Pty Ltd) Agreement Act 2017.

(3) No action will be taken. The department was advised by the Balla Balla joint venture during negotiations for the state agreement that a contract for the carriage of ore, consistent with the requirements to satisfy the state agreement obligations, had yet to be executed. As has previously been advised, this obligation need only be satisfied at the time that the proponents submit proposals for the minister's consideration.