Perth-based Perdaman Industries has entered into an agreement with the Murujuga Aboriginal Corporation as part of its plans to build Australia’s largest fertiliser manufacturing plant near Karratha.
The development of the plant in the Burrup industrial area will create more than 2,500 jobs during the initial construction phase and 200 permanent jobs during operations.
Perdaman has agreed to provide significant funding over the life of the project to MAC, which has oversight of the Burrup peninsula and its famous rock art.
The funding includes $10 million to support the Murujuga Future Fund.
Perdaman will also provide upfront payments of $1 million to develop the Murujuga Living Knowledge Centre and $150,000 towards the application for World Heritage Listing of the Burrup Rock Art.
Group chairman Vikas Rambal said the company was pleased to contribute to MAC's commercial unit.
As part of the agreement, Mr Rambal will also help guide the MAC organisation to enhance its commercial capabilities.
MAC chief executive Peter Jeffries said there were common synergies between how both organisations operate.
“We are very excited this agreement includes the opportunity for MAC to develop transport, logistics and housing for Perdaman’s operational workforce,” he said.
“The diligence Perdaman and its project team have demonstrated and the collaborative approach throughout this process to ratify the deal has been exemplary.
“We look forward to growing our relationship and in partnership, delivering successful long-term initiatives.”
The Burrup plant is set to produce 2 million tonnes of fertiliser grade urea per year.
The development has been named a Project of State Significance by the Western Australian government and has received Major Project Status from the federal government.