Hon. Tjorn Sibma asks about the Resources Community Investment Initiative (RCII), specifically regarding company participation and project sponsorship. The Premier's representative provides details on participating companies and explains the ongoing evaluation process.

AnsweredQoN 777Legislative Council
Asked
9 August 2023
Portfolio
Leader of the House representing the Premier

QuestionView source ↗

RESOURCES COMMUNITY
INVESTMENT INITIATIVE
777. Hon TJORN SIBMA to the Leader of the House representing
the Premier:
I refer to the resources community
investment initiative.
(1) Noting that
the scheme was launched on 22 November 2022 and the expression of interest
period concluded on 31 July 2023, how many
resources companies have now indicated an interest in participating in
the scheme?
(2) What are the
names of these companies?
(3) In tabular form, which indicative projects might be
sponsored by which companies?

AnswerView source ↗

I thank the honourable member for
some notice of the question.
(1) Eight
companies have publicly committed to the resources community investment
initiative. Several other companies have expressed an interest in contributing
to the RCII. Their potential contributions will be considered, finalised and
announced as part of the ongoing expression of interest evaluation process.
(2) BHP, Rio
Tinto, Hancock Prospecting, Roy Hill, Atlas Iron, Woodside, Chevron and Mineral
Resources have publicly committed to the RCII.
(3) As part of
the EOI process, the RCII advisory committee will assess EOI responses before
providing advice to government. This process is ongoing. To maintain the
probity of the process, details on which projects have received contributions
will remain confidential until the government decides on the allocation of
contributions.

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