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December 7, 2022 by GivingLarge Team in Business

Resources Community Investment Initiative

The WA Government and leading resource companies announce establishment of the Resources Community Investment Initiative.

The Resources Community Investment Initiative is a new major partnership between the WA Government and the resources sector. The initiative will invest in iconic infrastructure projects and community and social initiatives that will make WA an even better place to live.

$750 million has already 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 funds will be matched to a pipeline of projects that will be delivered in the coming years in consultation with industry.

The initial pipeline of projects include:

  • Aboriginal Cultural Centre
  • Perth Zoo Master Plan
  • Remote Aboriginal Communities Fund
  • Perth Concert Hall redevelopment
  • additional contributions to Telethon
  • regional projects in the areas companies operate in, in areas such as education and training, health, Aboriginal wellbeing and energy decarbonisation.

Find out more about the initial projects below.

Each company will decide the projects they wish to nominate funding to and individual project agreements will be established with agreed project milestones.

The WA Government will work with the Chamber of Minerals and Energy of WA to facilitate investment from across WA’s vibrant resources sector.

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