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    Burberry Nova Shoulder Bag Black online clearance 419218AI

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15 million for MIM's copper smelter re THE Queensland Government is securing the longevity of Mount Isa as an industrial hub with a $15 million offer of support to re brick Mount Isa Mines' copper smelter.

Acting Premier and treasurer Curtis Pitt announced the funding in front of the Glencore owned copper smelter at Mount Isa Mines on Tuesday. Minister for Natural Resources and Mines Anthony Lynham, State Member Rob Katter, and Glencore's chief operating officer for Australian copper assets, Mike Westerman, also spoke at the announcement. The acting premier said the joint funding proposal was a direct and significant way of underpinning the North West Region's economy to keep local workers on the tools. "The offer of a $15 million grant is about working with a crucial copper and zinc business in Mount Isa which employs more than 4,000 people and indirectly supports thousands of jobs in the local economy," Mr Pitt said. "It will also provide significant stimulus to the local economy. "This support is designed to incentivise Mount Isa Mines' further investments in the North West region. "This grant would be contingent burberry outlet wrentham ma on Mount Isa Mines' commitment to maintain third party access to the smelter and will be paid for through the $170 million Jobs and Regional Growth Fund I unveiled in the Mid Year Fiscal and Economic Review released last week. Minister for Mines Anthony Lynham, Glencore's chief operating officer for Australian Copper Assets Mike Westerman, treasurer Curtis Pitt and Mount Isa MP Rob Katter. Photo: Chris Burns. "The Jobs and Regional Growth Fund is part of $400 million worth of initiatives announced last week that includes the Regional Growth Fund to step up job creation projects, especially in regional Queensland. "Since the Palaszczuk Government took office unemployment Queensland's unemployment rate has been cut from 6.6 per cent down to 5.9 per cent, but I am acutely aware that some of the regions like the burberry official site Outback where unemployment is currently at 12.4 per cent are doing it tougher than other areas of the State. "The Palaszczuk Government is squarely focused on job creation and assisting traditional industries adapt to changing market conditions. "So we will continue to have discussions with Glencore MIM in the New Year on what other government assistance may be beneficial to help secure projects for the North West region." The State Member for Mount Isa, Rob Katter, said news of $15 million towards the re brick project at Glencore was a much needed boost for families before Christmas. "Through my discussions with Government on how to stimulate the region, keeping Mount Isa Mines alive and strong has always been front and centre," he said. "Mount Isa Mines is the foundation for many other businesses in the region outlined by being named in 2009, to have made the most significant contribution to the State's economy since 1859." Mr Katter said the announcement was part of a long term strategy for the longevity of the entire region. "This is the result of many months of high level discussions with the Government and Mike Westerman from MIM and I see it as the first step in a program to significantly add to the mine life, possibly until as long as 2060," he said. "It has been a high priority to see assistance for the mining industry and at the very least ensures the copper smelter stays open until 2022 in Mount Isa." "The bottom line is that if we can keep Mount Isa Mines strong, we can keep businesses in the region going and ensure burberry designer clothes a long and prosperous future." "As the key driver for jobs and the economy, the mining sector needs Government assistance to give the mines a desperately needed boost." "This announcement will mean significantly prolonging the future of the mine and importantly, keeping jobs and families in the city." "It also assists with keeping the copper refinery in Townsville open." Mr Katter said the benefits of the assistance for the mining industry would be wide ranging. "Particularly with Mount Isa Mines starting to smelt concentrate from other mines in the region it will have a positive flow on effect," he said. "It's also key to ensuring we can keep high volumes of product on the rail burberry sale womens clothing line.

" Mr Katter said enabling key industries was vital for the future of the region. "The Mount Isa electorate generated $300 million in royalties in the 2015 16 financial year we will see this continue with Government support to drive this important industry.".


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