The Resources Inventory
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IRON ore miner Fortescue Metals Group would save $33 million each year if it switched its 330 residential workers in Port Hedland to fly-in fly-out (FIFO) workers, a federal inquiry heard yesterday. Fortescue external relations manager Deirdre Willmott said slow and expensive release of land for housing in the Pilbara was hampering resources expansion and forcing miners into heavier FIFO reliance.
”On average it costs Fortescue $100,000 more to employ a person who lives in the Pilbara, than to employ a person FIFO,” she said, referring to rental and living allowances paid because of exorbitant property prices in mining regions. ”Restrictions on supply have increased the cost of new and existing housing, seriously reducing the affordability for those people who might otherwise have looked to settle in the Pilbara.
