Jimblebar State Agreement

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The Jimblebar State Agreement is a significant resource development agreement signed between the Western Australian government and BHP Billiton, the largest mining company globally. The agreement was signed in 2005 and authorized the construction and operation of the Jimblebar mine, which is located in the Pilbara region of Western Australia. The mine produces iron ore and has a capacity of 35 million tonnes per annum.

The agreement between the Western Australian government and BHP Billiton outlines the rights and obligations of both parties regarding the development, operation, and regulation of the Jimblebar mine. It provides a framework for the management of environmental, social, and economic impacts associated with resource development in the Pilbara region.

The Jimblebar State Agreement also includes provisions for the protection of cultural heritage sites and the rights of the traditional owners of the land, the Yindjibarndi people. The agreement recognizes the native title rights of the Yindjibarndi people and promotes their involvement in the project`s development and management.

The agreement also includes provisions for the creation of local employment and economic development opportunities. BHP Billiton committed to sourcing goods and services locally, which provided an economic boost to the Pilbara region through increased job opportunities and local business growth.

The Jimblebar State Agreement has played a significant role in the development of the Pilbara region into a global center for iron ore production. It has provided a framework for sustainable resource development that balances economic, social, and environmental factors.

In conclusion, the Jimblebar State Agreement is a significant resource development agreement that has played a crucial role in the development of the Pilbara region. It provides a framework for sustainable resource development that balances economic, social, and environmental factors, and promotes the involvement of traditional owners in the development and management of projects.