WA Jobs Boom - BHP & Rio Tinto $10 billion iron ore mining investment

WA Jobs Boom

WA Jobs - BHP Rio Tinto mining investment in iron ore set to boom iMINCOLooking for WA jobs in mining?

Billions of dollars of investment capital are set to pour into Western Australia, creating more mining jobs in WA.

Mining companies like BHP Billiton and Rio Tinto are confident investments of $10.35 billion will pay off.

$6 billion dollar Pilbara iron ore mining expansion on the cards

BHP’s Pilbara operations are set to expand with good news surrounding BHP’s strong September iron ore production report. Additional rants have been made from Rio Tinto chief’s that indicate it wouldnext month approve a $US5bn-$US6bn Pilbara iron ore mining expansion. This is good news for WA jobs in mining and for the WA economy as mining in the state starts to take on a more positive outlook.

It’s not clear when BHP would give the go-ahead for a new expansion phase of its rail and iron ore freight network, ports and iron ore producing mines in WA’s Pilbara region. It’s been estimated that the investment could be as high as between four and six billion dollars. Heartening news for people looking for FIFO jobs in mining in Western Australia.

BHP’s record September quarterly iron ore production of 54 million tonnes beat earlier targets of about 50 million tonnes. In a recent BHP Billiton September quarter report, owing to increased productivity output, BHP boosted 2013-14 WA iron ore production 212 million tonnes, a five million tonnes increase.

BHP is determined to make its WA iron ore mines perform

The BHP Jimblebar mine expansion near Newman, and the installation of four mobile iron ore crushers, is expected to increase capacity to new dizzying new heights of 220 million tonnes per annum.

BHP has stated in the longer term, a low-cost investment to expand Jimblebar iron ore output to 55 million tonnes per year and fixing up the bottlenecks in it’s logistics and delivery systems is expected to boost 260-270 million tonnes per annum. Which ever way you look at it, BHP is determined to make its WA iron ore mines perform through innovation and increased productivity.

The potential iron ore investment by Rio Tinto, BHP and even Gina Reinharts’ Roy Hill iron ore mine shows there are still plenty of available funds for the best iron ore projects that can return a positive result on the balance sheet.

Rio Tinto is steadfast in its position to approve an expansion of its iron ore mining operations to 360 million tonnes, from its current plans to hit a production target of 290 million tonnes per annum.

Low iron ore mining costs good for WA jobs

Questions are still being raised in the board rooms of Australian mining companies about the strength of the iron ore demand and how long unexpected recent price strength will last. BHP and Rio Tinto boast the world’s lowest operating costs. This has put them in an enviable position because should iron ore prices take a dive, they can still remain profitable with extraction costs around the mid $40 a wet metric tonne. That’s a profit of around 200 per cent at the $130/tonne price. High profit margins allow mining companies to re-invest in their mining operations and fund expansion programs, creating more mining jobs and bringing job security to the existing workforce.

Iron ore prices have been forecast to slip from current prices around the $US130 a tonne to longer-term pricing of $US70-$US90. The emphasis and drive for the big mining companies like BHP, Rio Tinto and Andrew Forrest’s Fortescue Metals Group is to dig the iron ore out of the ground and get it to its customers as fast as it can whist prices remain high.

How to find WA jobs

- Do you know where Rio Tinto and BHP Billiton’s mining operations are in Western Australia?

-Have you read their latest financial reports?

-Do you know where their next big mining investment will be?

-Can you pinpoint where Rio and BHP mining jobs are being advertised?

These are the types of questions you should have the answers for because it gives you the knowledge you need to make better decisions on what type of job you can do and where you can work. Just having this information can give you the edge when applying for the many WA jobs on offer in the mining industry.

Awareness of production costs and commodity prices are a good way for job seekers to understand which mining companies are a safer bet in terms of employment longevity over smaller companies that run a greater risk of lower commodity prices fueling job cuts. This is not always the case, although it is just one of the many factors to consider if you’re looking for FIFO mining jobs in WA.

How to score a WA mining job

Do your research on BHP and Rio Tinto today. Subscribe to iMINCO Project News for the latest mining and resource sector news, jobs and information to help you get a job in the industry.

Choose the right mining training courses to make you more employable in the mines.

Make sure your resume is up to date and contains the most relevant information on page one.

If you need a professional mining resume created, iMINCO can show you where to get this completed.

We’ve also created a free e-book on how to handle yourself at an interview. It contains loads of tips and insights into what questions you may be asked – plus how to answer them confidently and increase your chances of getting the job.

Good luck, and if you have questions about mining courses, call Industry Pathways on 0403 560 594 for more information – ask for the Mining Jobs Guide e-book to be emailed to you – this is a huge book that show you how to go about getting a job in the mines.

Reference: WA Jobs Boom | Iron ore mining investment set to soar to $10 billion in 2013 – 2014

Download the PDF version of this article here: WA Jobs Boom

iMINCO Mining Information Training Recruitment

0 Comments

Leave a reply

Your email address will not be published. Required fields are marked *

*