Western Australia’s Major Resource Projects in 2024: An Overview

Western Australia’s resource sector is the backbone of the state’s economy, driving both revenue and employment. In addition to its financial contributions, the resource sector directly employs over 149,000 people. This figure does not include the thousands more who are employed indirectly through related services and industries. From engineers and geologists to logistics and maintenance workers, the sector’s employment impact is far-reaching.

The “Major Resource Projects – Western Australia 2024” map offers a detailed view of the projects driving this dynamic industry, categorising them based on their current status and potential impact.

Blue: Operational and Developing Projects

Projects marked in blue are the lifeblood of Western Australia’s resource sector. These sites are either fully operational or in the development phase, contributing significantly to the state’s economy. Each of these projects has an actual or anticipated annual production value exceeding $10 million. This category includes some of the most robust and established projects in the region, ensuring a steady flow of revenue and employment opportunities.

Red: Proposed or Potential Developments

The red category highlights proposed or potential projects, often backed by comprehensive pre-feasibility studies. These projects, while not yet operational, represent the future of Western Australia’s resource sector. With an estimated capital expenditure exceeding $20 million, these developments are critical for the ongoing growth and diversification of the industry. They symbolise the sector’s proactive approach to ensuring long-term sustainability and competitiveness on a global scale.

Purple: Care and Maintenance Projects

Projects in purple are in a state of dormancy but are maintained with the possibility of reactivation. These sites, while currently inactive, remain viable for future operation. Their status often depends on market conditions or advancements in technology, which could make them economically feasible again. This category serves as a reminder of the cyclical nature of the resource industry, where market forces can bring projects back to life.

Green: Projects Under Construction

Green-coded projects are those in the active construction phase, representing the transition from planning to operation. These sites are on the cusp of becoming new contributors to Western Australia’s resource output. As they move closer to completion, they promise to bring significant economic benefits, both in terms of production value and job creation.

Mining Image

As Western Australia’s resource sector continues to evolve, upcoming projects highlighted in red and green signal significant opportunities for job creation and economic growth. With these new developments, thousands of jobs will be generated, both during the construction phase and ongoing operations.

In addition, the state’s growing focus on renewable energy, particularly in green hydrogen and battery minerals, will create new employment opportunities.

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