TBA News

Doug Horak, Business Development Manager, Australia of THE BEIJING AXIS, attended the Western Australia Resources Overview half day seminar at the Hyatt Hotel in Perth, Australia on 19 October 2010. The event was hosted by the Committee for Economic Development of Australia (CEDA). Reg Howard-Smith, Chief Executive, The Chamber of Minerals and Energy of Western Australia, chaired the event, which was focused on economic growth experienced by Western Australia and the various industries responsible for this growth.

The following is a brief summary of the speakers at the event:

• Alan Cransberg, Managing Director, Alcoa of Australia spoke of the Alumina giants' progress and future expansion and growth plans
• David Flanagan, Managing Director, Atlas Iron Limited, talked about the continued growth and emergance of new players in the iron ore industry and what that meant for Western Australia's future
• Kevin Gallagher, Executive Vice President, North West Shelf – Woodside gave input on the oil and gas outlook
• Gary Halverston, President Australia Pacific, Barrick, talked gold and the outlook for this precious metal
• Greg Hall, Managing Director of Toro Energy, highlighted the importance of uranium and nuclear energy in the future and asked why Australia was still not progressing with a broader approach to the mineral and its potential
• John Langoulant AO, Chief Executive, Oakajee Port and Rail, emphasised the importance of infrustructure to help Australia meet the demands of its ore-hungry cleints.

The event was well attended and gave a good overview and strong outlook for Western Australia going forward into the next decade.