Ralph Holmes

Ralph Holmes - Portfolio Leader, CSIRO Minerals Down Under National Research Flagship

“Iron ore is Australia’s largest commodity export and is vitally important to Australia’s current and future prosperity.”

Tony Abbott

The Hon. Tony Abbott MP - Former Prime Minister of Australia

“…I’m very conscious of the fact that Rio and BHP are Australia’s biggest corporate taxpayers… I want them to continue making a lot of profits here in Australia.”

2GB Radio Interview. (2014, May 15)

Ian Macfarlane

The Hon. Ian Macfarlane - Former Minister for Industry

“The resources sector was the most significant contributor to real GDP growth in 2013-14, supplying 0.7 per cent of the 2.5 per cent increase, almost double the next largest contribution, 0.4 per cent from the financial and insurance services sector. Resources and energy commodity export earnings increased 12 per cent in 2013-14 to $195 billion, and mining continues to provide jobs for thousands of Australians”

Resources sector’s health high on agenda – Financial Review. I. Macfarlane. (2015, March 02).
Available: http://www.afr.com/news/special-reports/resources/resources-sectors-health-high-on-agenda-20150303-13ea95


The Hon. Martin Ferguson - Former Minister for Resources and Energy

“Since 2001, mining’s share of GDP has risen from 1 per cent of the economy to 8 per cent. We have seen around 400 resources and energy major projects progressed through to the committed stage, representing a combined investment value of $407 billion, with around $220 billion of projects still under development.”

“The benefits of resource development have been, and will continue to be, broad and manifest – higher economic growth and rising national incomes, a massive increase in export revenue and terms of trade, more jobs, dispersed economic development in key regional areas and increased revenues for local, state and federal government.”

Hunter Business Mining Luncheon – M. Ferguson. (2014, November 14).
Available: http://www.nswbusinesschamber.com.au/getmedia/d4a7db75-a93a-43a9-a52b-d100a2351bc8/131114-Martin-Ferguson-Hunter-Business-Mining-speech.aspx


Reg Howard-Smith - CME Chief Executive

“Over the past decade Western Australia has benefitted enormously from the resources sector’s growth, delivering significant royalties and job opportunities. It’s important to note that the sector’s workforce has more than doubled in ten years.”

A Year of Transition and Challenges – The Chamber of Minerals and Energy of Western Australia. (2015, April 30).
Available: http://www.cmewa.com/news-and-events/latest-news/28-2015/184-a-year-of-transition-and-challenges


Eugene King - Goldman Sachs analyst

“We don’t expect any of the major iron ore producers to alter plans. The capex has largely been spent and the internal rates of return of delivering the production into the infrastructure, even at sub-$US50 per tonne prices, is very compelling.”

Resources sector’s health high on agenda – Financial Review. I. Macfarlane. (2015, March 02).
Available: http://www.afr.com/business/mining/iron-ore/iron-ores-shifting-sands-move-again-as-price-soars-16-per-cent-20150424-1msadh


Don Argus - Former BHP Billiton Chairman and NAB CEO

“…in a market economy, prices determine what is produced and how it’s produced. A market economy uses prices as signals to tell us how to use resources.”

Don Argus Slams Iron Ore Inquiry – The Australian. (2015, May 19).
Available: http://www.theaustralian.com.au/national-affairs/don-argus-slams-iron-ore-inquiry/story-fn59niix-1227359559500 – requires a subscription

Andrew Harding

Andrew Harding - Rio Tinto chief executive iron ore

“Australia has been a global champion of free trade and open markets. These have underpinned our economic development.”

Iron ore inquiry ‘ridiculous waste of taxpayers’ money': BHP CEO Andrew Mackenzie – The Sydney Morning Herald. (2015, May 19).
Available: http://www.smh.com.au/business/mining-and-resources/iron-ore-inquiry-ridiculous-waste-of-taxpayers-money-bhp-ceo-andrew-mackenzie-20150518-gh4od4.html


Rod Sims - Chairman, Australian Competition and Consumer Commission

“This comment that the Australian economy is suffering from lower iron ore prices is not justified. It is just wrong to conclude that the economy is somehow missing out because the iron ore price is running below trend. Iron ore is a cyclical commodity. You have to assess it at long run average prices.”

Andrew Forrest’s iron ore campaign against BHP Billiton and Rio Tinto goes grassroots – Financial Review. (2015, May 18).
Available: http://www.afr.com/business/mining/iron-ore/andrew-forrests-iron-ore-campaign-against-bhp-billiton-and-rio-tinto-goes-grassroots-20150517-gh3qzv

Andrew Mackenzie

Andrew Mackenzie - Chief Executive BHP Billiton

“There’s a claim is that BHP Billiton and Rio Tinto are flooding the market with supply. The facts do not co-operate with this thesis. BHP and Rio’s share of Australian production has actually fallen over the last 4 years, from 84 per cent to 69 per cent. I am not sure it is possible to flood the market when your share of national production is falling.”

Iron ore inquiry must heed markets – Financial Review. The Australian Financial Review. (2015, May 18).
Available: http://www.afr.com/opinion/editorials/iron-ore-inquiry-must-heed-markets-20150518-gh4950


Li Xinchuang - China Iron & Steel Association Deputy Secretary

“If Australia controls [limits iron ore exports], other countries like Brazil will come in very quickly… We have other choices, not only mines from Australia, so I don’t think it is a good suggestion.”

Rio Tinto, Chinese Steel dismiss Andrew Forrest’s cartel proposal as unworkable nonsense – WA Today. P. Kerr & T. Ingram. (2015, March 26).
Available: http://www.watoday.com.au/business/mining-and-resources/rio-tinto-chinese-steel-dismiss-andrew-forrests-cartel-proposal-as-unworkable-nonsense-20150326-1m8bgn