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?
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
consideration by the Expenditure Review Committee and endorsement by cabinet,
the ex gratia payment was formally approved by the Governor in Executive