Business Philosophy

Yilgarn's business philosophy is aimed at providing win-win outcomes for stakeholders of infrastructure development to ensure that community benefit and regional development are derived wherever possible. 

This philosophy is reflected in Yilgarn's 2006 submissions to the National Competition Council and the Western Australian State Infrastructure Strategy Reference Group. Namely that:

  • Where the private sector can fully fund development, ownership and operation of infrastructure, it should be allowed and encouraged to do so. In such cases the government's role is to facilitate and co-ordinate economic activity in an orderly way with sound planning processes.
  • In the interests of encouraging competition and delivering sustainable social and environmental outcomes, vertical integration of mines and rail and port infrastructure should be avoided in favour of independently developed, owned and operated, open-access and multi-user services.
  • Infrastructure projects and business models should create a positive legacy for the communities and environments they affect. The supply of infrastructure services should not be permitted to become just an economic tool by which wealth is extracted from mining communities and buyers of resources and transferred to shareholders. Infrastructure projects must meet strategic objectives and return sustainable social and environmental outcomes to the community or they will not have a long term future.

By collaboratively working with the mines in developing rail and port infrastructure for the Mid West Region, Yilgarn will promote:

Efficiency Gains:

  • Significant economies of scale and reductions in iron ore transport and loading costs for new Mid West infrastructure rail and port developments
  • Increased competitiveness and exports from iron ore mines in the Mid West Region
  • Eliminating the need for mines to deviate from their core business

Regional Economic Impacts:

  • Significant benefits to State and regional economies during the construction and operational phases of the project
  • Ongoing benefits to State and regional economies during long-life operation of the port facility and rail network
  • Private funding for infrastructure reduces pressure on the public purse

Sustainability Assessment:

  • Integration of economic, social and environmental outcomes (ie. the "triple bottom line")
  • Long-term employment and training opportunities for the people of the Mid West Region

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