The Resources Community Investment Initiative is a major partnership between the WA Government and the resources sector. The initiative allows resource companies to make financial contributions towards iconic infrastructure projects and community and social initiatives that will make WA an even better place to live.
$750 million has been committed from founding partners Rio Tinto ($250 million); BHP ($250 million); Hancock Prospecting, Roy Hill and Atlas Iron ($100 million); Woodside Energy ($50 million); Chevron Australia ($50 million); and Mineral Resources ($50 million).
The WA Government will work with companies to match their contributions to a pipeline of projects that will be delivered in the coming years.
These projects include:
- Aboriginal Cultural Centre
- Perth Zoo Master Plan
- Remote Aboriginal Communities Fund
- Perth Concert Hall redevelopment
- Expansion of Ronald McDonald House
- Regional projects across the areas companies operate in, including projects relating to community infrastructure, education, health and Aboriginal wellbeing.
Each company will decide which projects they wish to support. Once a company has agreed to support a project they will sign a project funding agreement including key terms and conditions such as the value of their contribution and payment milestones.
The WA Government is working with the Chamber of Minerals and Energy of WA to facilitate investment from across WA’s vibrant resources sector.
For more information see our frequently asked questions or contact RCII@dpc.wa.gov.au.