From a strategic perspective, WA can explore trade alliances with countries such as with the EU, US, Brazil, Chile, India, Korea, Japan, Indonesia and South Africa in relation to New Energy metals and processing. For this to be realised, Kwinana Bulk Terminal and the local supply chains would need to be upgraded and modernised. The current facility excludes im- porting more bulk materials from other coun- tries that would potentially support further industrial growth in the surrounding region. Greater imports and processing generates greater economies of scale creating a positive feedback loop. Mineral processing can also be a service WA provides to African countries that builds on the long and positive relationships in the region due to the mining industry. The recent review of Kwinana Bulk Terminal conducted by the Fremantle Port Authority limited the consultants to ‘suitability for current use’, which not only limits the potential for the port but also the State and the development of new industries. Private sector investment and operations allowing vertically integrated supply chains connected into world markets could drive the development of the Kwinana region as the private sector is highly motivated to innovate and maximise commercial benefits. WA also has other benefits to be the global preferred supplier of strategic resources, these are: ● ● Competitive energy costs, ● ● Competitive water costs, ● ● World class environmental protection framework, ● ● Commitment to sustainability, ● ● Concentration of global companies in a variety of industries providing a deep pool of professional expertise, well trained work force and well- respected universities, ● ● Independent country, secure location, western legal system, robust intellectual property rights, ● ● Well trained and experienced workforce and strong university research and technologies,
● ● The potential for a Specialised Industrial Park to drive efficiencies and international competitiveness, and ● ● Flexibility in supply delivery.
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"If WA targets and successfully attracts highly strategic investment, then the State will harvest significant economic benefits from the projects, products and processes that will be associated with this new energy transformation. These benefits will continue well beyond 2030, delivering thousands of jobs and many billions in state revenue. Only the government can facilitate or enable the development of these local industries. As has been demonstrated for years, if left to pure market forces, then ores would likely be exported to other countries for further processing benefiting the mineral extractors rather than the original mineral owners. " Resources executive - Perth
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