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This is a Bill, not an Act. For current law, see the Acts databases.


IRON ORE AGREEMENTS LEGISLATION AMENDMENT BILL 2024

                      Western Australia


Iron Ore Agreements Legislation Amendment
                Bill 2024

                          Contents

        Part 1 -- Preliminary
  1.    Short title                                            2
  2.    Commencement                                           2
        Part 2 -- Iron Ore (Rhodes Ridge)
             Agreement Authorisation
             Act 1972 amended
  3.    Act amended                                            3
  4.    Section 1A inserted                                    3
        1A.      Terms used                              3
  5.    Section 2 amended                                      3
  6.    Section 4 amended                                      4
  7.    Sections 5, 6 and 7 inserted                           4
        5.       2024 Variation Agreement ratified and
                 implementation authorised               4
        6.       State empowered                         4
        7.       Effect on other laws                    4
  8.    Schedule amended                                       5
        Schedule 1 -- Iron Ore (Rhodes Ridge) Agreement
  9.    Schedule 2 inserted                                    5
        Schedule 2 -- 2024 Variation Agreement

        Part 3 -- Iron Ore (Hamersley Range)
             Agreement Act 1963 amended
  10.   Act amended                                          125
  11.   Section 2 amended                                    125



                              184--1                          page i
Iron Ore Agreements Legislation Amendment Bill 2024



Contents



      12.     Sections 4I and 4J inserted                             125
              4I.      Sixteenth Supplementary Agreement        125
              4J.      Seventeenth Supplementary Agreement      126
      13.     Seventeenth and Eighteenth Schedules inserted           126
              Seventeenth Schedule -- Sixteenth Supplementary
                    Agreement
              Eighteenth Schedule -- Seventeenth Supplementary
                    Agreement

              Part 4 -- Iron Ore (Hope Downs)
                   Agreement Act 1992 amended
      14.     Act amended                                             134
      15.     Section 3 amended                                       134
      16.     Section 4 amended                                       135
      17.     Schedule 4 inserted                                     135
              Schedule 4 -- Third Variation Agreement

              Part 5 -- Iron Ore (Mount Bruce)
                   Agreement Act 1972 amended
      18.     Act amended                                             139
      19.     Section 2 amended                                       139
      20.     Section 4E inserted                                     139
              4E.      2024 Variation Agreement                 139
      21.     Sixth Schedule inserted                                 140
              Sixth Schedule -- 2024 Variation Agreement

              Part 6 -- Iron Ore (Robe River)
                   Agreement Act 1964 amended
      22.     Act amended                                             144
      23.     Section 2 amended                                       144
      24.     Section 4E inserted                                     144
              4E.      Eighth variation agreement               144
      25.     Ninth Schedule inserted                                 145
              Ninth Schedule -- Eighth variation agreement

              Part 7 -- Iron Ore (Yandicoogina)
                   Agreement Act 1996 amended
      26.     Act amended                                             154
      27.     Section 3 amended                                       154

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           Iron Ore Agreements Legislation Amendment Bill 2024



                                                      Contents



28.   Section 4 amended                                 154
29.   Schedule 4 inserted                               155
      Schedule 4 -- Third Variation Agreement




                                                       page iii
                           Western Australia


                     LEGISLATIVE ASSEMBLY


  Iron Ore Agreements Legislation Amendment
                  Bill 2024

                               A Bill for


An Act to amend the following Acts --
•  the Iron Ore (Rhodes Ridge) Agreement Authorisation Act 1972;
•  the Iron Ore (Hamersley Range) Agreement Act 1963;
•  the Iron Ore (Hope Downs) Agreement Act 1992;
•  the Iron Ore (Mount Bruce) Agreement Act 1972;
•  the Iron Ore (Robe River) Agreement Act 1964;
•  the Iron Ore (Yandicoogina) Agreement Act 1996.



The Parliament of Western Australia enacts as follows:




                                                            page 1
    Iron Ore Agreements Legislation Amendment Bill 2024
    Part 1         Preliminary

    s. 1



1                          Part 1 -- Preliminary
2   1.       Short title
3            This is the Iron Ore Agreements Legislation Amendment
4            Act 2024.

5   2.       Commencement
6            This Act comes into operation as follows --
7             (a) Part 1 -- on the day on which this Act receives the
8                   Royal Assent;
9             (b) the rest of the Act -- on the day after that day.




    page 2
                           Iron Ore Agreements Legislation Amendment Bill 2024
          Iron Ore (Rhodes Ridge) Agreement Authorisation Act 1972      Part 2
                                                         amended

                                                                             s. 3


1             Part 2 -- Iron Ore (Rhodes Ridge) Agreement
2                   Authorisation Act 1972 amended
3    3.         Act amended
4               This Part amends the Iron Ore (Rhodes Ridge) Agreement
5               Authorisation Act 1972.

6    4.         Section 1A inserted
7               After section 1 insert:
8


9           1A.       Terms used
10                    In this Act --
11                    2024 Variation Agreement means the agreement a
12                    copy of which is set out in Schedule 2;
13                    current Agreement means the agreement referred to in
14                    section 2 as varied --
15                      (a) from time to time in accordance with its
16                            provisions; and
17                      (b) by the Iron Ore Agreements Legislation
18                            Amendment Act 2010 Part 9; and
19                      (c) by the 2024 Variation Agreement.
20


21   5.         Section 2 amended
22              In section 2 delete "the Schedule" and insert:
23

24              Schedule 1
25




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     Iron Ore Agreements Legislation Amendment Bill 2024
     Part 2         Iron Ore (Rhodes Ridge) Agreement Authorisation Act 1972
                    amended

     s. 6


1    6.          Section 4 amended
2                At the end of section 4 insert:
3

4                (5)   Nothing in this section affects the amount of royalty
5                      payable under section 21.01 of the current Agreement
6                      in respect of any period after the commencement of the
7                      Iron Ore Agreements Legislation Amendment Act 2024
8                      Part 2.
9


10   7.          Sections 5, 6 and 7 inserted
11               After section 4 insert:
12


13          5.         2024 Variation Agreement ratified and
14                     implementation authorised
15               (1)   The 2024 Variation Agreement is ratified.
16               (2)   The implementation of the 2024 Variation Agreement
17                     is authorised.

18          6.         State empowered
19                     The State has power in accordance with
20                     section 10.05(a) of the current Agreement.

21          7.         Effect on other laws
22               (1)   The current Agreement operates and takes effect
23                     despite any enactment or other law.
24               (2)   If a provision of the agreement referred to in section 2
25                     or the 2024 variation agreement expressly or by
26                     implication purports to modify or exclude the
27                     application or operation of an enactment for a purpose
28                     or in relation to a person or thing, the application or
29                     operation of the enactment is modified or excluded for

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                           Iron Ore Agreements Legislation Amendment Bill 2024
          Iron Ore (Rhodes Ridge) Agreement Authorisation Act 1972      Part 2
                                                         amended

                                                                                   s. 8


1                      that purpose, or in relation to that person or thing, to
2                      the extent or for the period mentioned in the provision
3                      or necessary for the provision to have effect.
4               (3)    To avoid doubt, it is declared that the provisions of the
5                      Public Works Act 1902 section 96 do not apply to a
6                      railway constructed under the current Agreement.
7               (4)    This section does not limit or otherwise affect the
8                      application of the Government Agreements Act 1979.
9


10   8.         Schedule amended
11              Delete the heading to the Schedule and the reference after it and
12              insert:
13


14           Schedule 1 -- Iron Ore (Rhodes Ridge) Agreement
15                                                                             [s. 2]
16


17   9.         Schedule 2 inserted
18              At the end of the Act insert:
19


20                    Schedule 2 -- 2024 Variation Agreement
21                                                                           [s. 1A]
22                                         2024
23

24                  THE HONOURABLE ROGER COOK
25            PREMIER OF THE STATE OF WESTERN AUSTRALIA
26

27                                         AND


                                                                             page 5
     Iron Ore Agreements Legislation Amendment Bill 2024
     Part 2         Iron Ore (Rhodes Ridge) Agreement Authorisation Act 1972
                    amended

     s. 9


1                      HAMERSLEY RESOURCES LIMITED
2                             ACN 004 887 656
3

4                       WRIGHT PROSPECTING PTY LTD
5                              ACN 008 677 021
6

7                AUSTRALIAN MINING & SMELTING PTY LTD
8                            ACN 004 896 726
9

10

11              IRON ORE (RHODES RIDGE) AGREEMENT 1972
12                    RATIFIED VARIATION AGREEMENT
13

14

15

16                                 [Solicitor's details]
17

18

19   THIS AGREEMENT is made this 26 day of August 2024
20

21   BETWEEN
22

23   THE HONOURABLE ROGER COOK MLA., Premier of the State of Western
24   Australia, acting for and on behalf of the said State and instrumentalities from
25   time to time (State)
26   AND



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                           Iron Ore Agreements Legislation Amendment Bill 2024
          Iron Ore (Rhodes Ridge) Agreement Authorisation Act 1972      Part 2
                                                         amended

                                                                                    s. 9


1    HAMERSLEY RESOURCES LIMITED ACN 004 887 656 of Level 18,
2    Central Park, 152-158 St Georges Terrace, Perth, Western Australia and
3    WRIGHT PROSPECTING PTY LTD ACN 008 677 021 of Suite 3, Level 1,
4    254 Rokeby Road, Subiaco, Western Australia (Joint Venturers)
5    AND
6    AUSTRALIAN MINING & SMELTING PTY LTD ACN 004 896 726 of
7    Level 43, 120 Collins Street, Melbourne, Victoria (Guarantor).
8

9    RECITALS
10   A.         The State, the Joint Venturers and the Guarantor are now the parties to
11              the agreement dated 12 October 1972 authorised by and as scheduled
12              to the Iron Ore (Rhodes Ridge) Agreement Authorisation Act 1972 and
13              which as subsequently added to, varied or amended is referred to in this
14              Agreement as the "Principal Agreement".
15   B.         The State, the Joint Venturers and the Guarantor wish to vary the
16              Principal Agreement.
17

18   THE PARTIES AGREE AS FOLLOWS:
19   1.         Ratification and operation
20        (1)   This Agreement, other than this clause, does not come into operation
21              except in accordance with subclause (2).
22        (2)   This Agreement, other than this clause, comes into operation on the day
23              on which it is ratified by an Act of the Parliament of Western Australia
24              ("Operative Date") unless, before that day, it terminates under
25              subclauses (4) or (5).
26        (3)   The State must introduce in the Parliament of Western Australia before
27              30 September 2024 or a later date agreed between the parties to this
28              Agreement, a Bill to ratify this Agreement and must endeavour to
29              secure its passage as an Act.
30        (4)   If by 31 December 2024 this Agreement has not been ratified by an Act
31              of the Parliament of Western Australia then, unless the parties to this
32              Agreement otherwise agree, this Agreement terminates on that day and

                                                                                page 7
     Iron Ore Agreements Legislation Amendment Bill 2024
     Part 2         Iron Ore (Rhodes Ridge) Agreement Authorisation Act 1972
                    amended

     s. 9


1                 no party hereto will have any claim against any other party hereto with
2                 respect to any matter or thing arising out of, done, performed, or
3                 omitted to be done or performed under this Agreement.
4           (5)   The parties agree that if the Principal Agreement is otherwise
5                 determined in accordance with its provisions on a day prior to the
6                 Operative Date, then this Agreement shall also terminate on and from
7                 that day and no party hereto will have any claim against any other party
8                 hereto with respect to any matter or thing arising out of, done,
9                 performed, or omitted to be done or performed under this Agreement.
10   2.           Variations of the Principal Agreement
11                The Principal Agreement is varied as follows:
12          (1)   in Section 1.01 by:
13                  (a)    deleting the definitions of "direct shipping ore", "fine ore",
14                         "fines", "f.o.b. revenue", "iron ore", "Land Act", "mineral
15                         lease", "mine townsite", "Minister for Works", "mortgagee",
16                         "port townsite", "tertiary processing" and "the port";
17                  (b)    inserting in the appropriate alphabetical position the
18                         following new definitions:
19                         "agreed or determined" means agreed between the Joint
20                         Venturers and the Minister or, failing agreement within three
21                         (3) months of the Minister giving notice to the Joint Venturers
22                         that he requires the value of a quantity of iron ore to be agreed
23                         or determined, as determined by the Minister (following, if
24                         requested by the Joint Venturers, consultation with the Joint
25                         Venturers and their consultants in regard thereto) and in
26                         agreeing or determining a fair and reasonable market value of
27                         such iron ore assessed on an arm's length basis the Joint
28                         Venturers and/or the Minister as the case may be shall have
29                         regard to:
30                         (a)    in the case of iron ore initially sold at cost pursuant to
31                                the proviso to Section 21.05, the prices for that type of
32                                iron ore prevailing at the time the price for such iron
33                                ore was agreed between the arm's length purchaser
34                                referred to in paragraph (iii) of that proviso and the
35                                seller in relation to the type of sale and the relevant
36                                international seaborne iron ore market into which such

     page 8
                      Iron Ore Agreements Legislation Amendment Bill 2024
     Iron Ore (Rhodes Ridge) Agreement Authorisation Act 1972      Part 2
                                                    amended

                                                                               s. 9


1                        iron ore was sold and where prices beyond the deemed
2                        f.o.b. point are being considered the deductions
3                        mentioned in the definition of f.o.b. value; and
4                  (b)   in any other case, the prices for that type of iron ore
5                        prevailing at the time the price for such iron ore was
6                        agreed between the Joint Venturers and the purchaser
7                        in relation to the type of sale and the market into which
8                        such iron ore was sold and where prices beyond the
9                        deemed f.o.b. point are being considered the deductions
10                       mentioned in the definition of f.o.b. value;
11                 "approved proposal" means a proposal approved or
12                 determined under this Agreement;
13                 "beneficiated ore" means iron ore that has been concentrated
14                 or upgraded (otherwise than solely by crushing, screening,
15                 separating by hydrocycloning or a similar technology which
16                 uses primarily size as a criterion, washing, scrubbing,
17                 trommelling or drying or by a combination of 2 or more of
18                 those processes) by the Joint Venturers in a plant constructed
19                 pursuant to a proposal approved pursuant to an Integration
20                 Agreement or in such other plant as is approved by the
21                 Minister after consultation with the Minister for Mines and
22                 "beneficiation" and "beneficiate" have corresponding
23                 meanings;
24                 "deemed f.o.b. point" means on ship at the relevant loading
25                 point;
26                 "deemed f.o.b. value" means an agreed or determined value
27                 of the iron ore as if the iron ore was sold f.o.b. at the deemed
28                 f.o.b. point as at:
29                 (a)   in the case of iron ore the property of the Joint
30                       Venturers which is shipped out of the said State, the
31                       date of shipment; and
32                 (b)   in any other case, the date of sale, transfer of
33                       ownership, disposal or use as the case may be;




                                                                           page 9
     Iron Ore Agreements Legislation Amendment Bill 2024
     Part 2         Iron Ore (Rhodes Ridge) Agreement Authorisation Act 1972
                    amended

     s. 9


1                     "Department" means the department of the State from time to
2                     time assisting the Minister for Mines in the general
3                     administration of the Mining Act 1978;
4                     "EP Act" means the Environmental Protection Act 1986
5                     (WA);
6                     "fine ore" means iron ore (not being beneficiated ore) which
7                     is screened and will pass through a 6.3 millimetre mesh
8                     screen;
9                     "f.o.b. value" means:
10                    (a)   subject to paragraph (b), in the case of iron ore shipped
11                          and sold by the Joint Venturers, the price which is
12                          payable for the iron ore by the purchaser thereof to the
13                          Joint Venturers or an associated company or, where the
14                          Minister considers, following advice from the
15                          appropriate Government department, that the price
16                          payable in respect of the iron ore does not represent a
17                          fair and reasonable market value for that type of iron
18                          ore assessed on an arm's length basis, such amount as
19                          is agreed or determined as representing such a fair and
20                          reasonable market value, less all export duties and
21                          export taxes payable to the Commonwealth on the
22                          export of the iron ore and all costs and charges properly
23                          incurred and payable by the Joint Venturers from the
24                          time the iron ore shall be placed on ship at the relevant
25                          loading port to the time the same is delivered and
26                          accepted by the purchaser including:
27                          (i)     ocean freight;
28                          (ii)    marine insurance;
29                          (iii)   port and handling charges at the port of
30                                  discharge;
31                          (iv)    all costs properly incurred in delivering the iron
32                                  ore from port of discharge to the smelter and
33                                  evidenced by relevant invoices;
34                          (v)     all weighing sampling assaying inspection and
35                                  representation costs;


     page 10
                      Iron Ore Agreements Legislation Amendment Bill 2024
     Iron Ore (Rhodes Ridge) Agreement Authorisation Act 1972      Part 2
                                                    amended

                                                                               s. 9


1                        (vi)   all shipping agency charges after loading on and
2                               departure of ship from the relevant loading port;
3                        (vii) all import taxes by the country of the port of
4                              discharge; and
5                        (viii) such other costs and charges as the Minister may
6                               in his discretion consider reasonable in respect
7                               of any shipment or sale;
8                  (b)   in the case of iron ore initially sold at cost pursuant to
9                        the proviso to Section 21.05, the price which is payable
10                       for the iron ore by the arm's length purchaser as referred
11                       to in paragraph (c) of that proviso or, where the
12                       Minister considers, following advice from the
13                       appropriate Government department, that the price
14                       payable in respect of the iron ore does not represent a
15                       fair and reasonable market value for that type of iron
16                       ore assessed on an arm's length basis in the relevant
17                       international seaborne iron ore market, such amount as
18                       is agreed or determined as representing such a fair and
19                       reasonable market value, less all duties, taxes, costs and
20                       charges referred to in paragraph (a) above; and
21                 (c)   in all other cases, the deemed f.o.b. value.
22                 For the purposes of paragraph (a) of this definition, it is
23                 acknowledged that the consideration payable in an arm's
24                 length transaction for iron ore sold solely for testing purposes
25                 may be less than the fair and reasonable market value for that
26                 iron ore and in this circumstance where the Minister in his
27                 discretion is satisfied such consideration represents the entire
28                 consideration payable, the Minister shall be taken to be
29                 satisfied that such entire consideration represents the fair and
30                 reasonable market value;
31                 "GNH Portion" means the portion of Great Northern
32                 Highway that traverses Temporary Reserves 4192H, 4737H,
33                 and 4882H (being more particularly land comprising portion
34                 of Lot 182 on Deposited Plan 219299 (LR 3116/247), the
35                 whole of Lot 181 on Deposited Plan 219298 (LR3116/246),
36                 the whole of Lot 180 on Deposited Plan 219297



                                                                          page 11
     Iron Ore Agreements Legislation Amendment Bill 2024
     Part 2         Iron Ore (Rhodes Ridge) Agreement Authorisation Act 1972
                    amended

     s. 9


1                     (LR3116/245) and portion of Lot 179 on Deposited Plan
2                     219296 (LR3116/244));
3                     "Government agreement" has the meaning given in the
4                     Government Agreements Act 1979 (WA);
5                     "Integration Agreement" means:
6                     (a)   the agreement approved by and scheduled to the Iron
7                           Ore (Hamersley Range) Agreement Act 1963, as from
8                           time to time added to, varied or amended; or
9                     (b)   the agreement approved by and scheduled to the Iron
10                          Ore (Robe River) Agreement Act 1964, as from time to
11                          time added to, varied or amended; or
12                    (c)   the agreement approved by and scheduled to the Iron
13                          Ore (Hamersley Range) Agreement Act Amendment
14                          Act 1968, as from time to time added to, varied or
15                          amended; or
16                    (d)   the agreement ratified by and scheduled to the Iron Ore
17                          (Mount Bruce) Agreement Act 1972, as from time to
18                          time added to, varied or amended; or
19                    (e)   the agreement authorised by and as scheduled to the
20                          Iron Ore (Rhodes Ridge) Agreement Authorisation
21                          Act 1972, as from time to time added to, varied or
22                          amended; or
23                    (f)   the agreement ratified by and scheduled to the Iron Ore
24                          (Hope Downs) Agreement Act 1992, as from time to
25                          time added to, varied or amended; or
26                    (g)   the agreement ratified by and scheduled to the Iron Ore
27                          (Yandicoogina) Agreement Act 1996, as from time to
28                          time added to, varied or amended;
29                    "Integration Proponent" means in relation to an Integration
30                    Agreement, "the Company" or "the Joint Venturers" as the
31                    case may be as defined in, and for the purpose of, that
32                    Integration Agreement;
33                    "iron ore" includes, without limitation, beneficiated ore;
34                    "LAA" means the Land Administration Act 1997 (WA);


     page 12
                      Iron Ore Agreements Legislation Amendment Bill 2024
     Iron Ore (Rhodes Ridge) Agreement Authorisation Act 1972      Part 2
                                                    amended

                                                                               s. 9


1                  "LAA Minister" means the Minister for Lands, a body
2                  corporate under section 7 of the LAA;
3                  "laws relating to native title" means laws applicable from time
4                  to time in the said State in respect of native title and includes
5                  the Native Title Act 1993 (Commonwealth);
6                  "loading port" means:
7                  (a)   the Port of Dampier; or
8                  (b)   Port Walcott; or
9                  (c)   any other port constructed after the variation date under
10                       an Integration Agreement; or
11                 (d)   such other port approved by the Minister at the request
12                       of the Joint Venturers from time to time for the
13                       shipment of iron ore from the Mining Lease;
14                 "lump ore" means iron ore (not being beneficiated ore) which
15                 is screened and will not pass through a 6.3 millimetre mesh
16                 screen;
17                 "mine closure plan" means a document that:
18                 (a)   is in the form required under the Mining Act 1978 for
19                       a mine closure plan relating to mining leases granted
20                       under that Act; and
21                 (b)   contains information required under the Mining
22                       Act 1978 for a mine closure plan relating to mining
23                       leases granted under that Act including about:
24                       (i)    the decommissioning of each mine (within the
25                              meaning given to that term in the Mining
26                              Act 1978); and
27                       (ii)   the rehabilitation of land,
28                       within the area of the Mining Lease;
29                 "Mining Act 1978" means the Mining Act 1978 (WA);
30                 "Mining Lease" means the mining lease, granted pursuant to
31                 Section 9.01 and includes any renewal thereof and according
32                 to the requirements of the context describes the area of land



                                                                          page 13
     Iron Ore Agreements Legislation Amendment Bill 2024
     Part 2         Iron Ore (Rhodes Ridge) Agreement Authorisation Act 1972
                    amended

     s. 9


1                     demised as well as the instrument by which it is demised and
2                     includes any areas added to it pursuant to Section 9A.01;
3                     "Minister for Water" means the Minister in the Government
4                     of the said State for the time being responsible for the
5                     administration of the Rights in Water and Irrigation Act 1914
6                     (WA);
7                     "MRF Act" means the Mining Rehabilitation Fund Act 2012
8                     (WA);
9                     "Related Entity" means a company in which:
10                    (a)   as at 21 June 2010; and
11                    (b)   after 21 June 2010, with the approval of the Minister,
12                    a direct or (through a subsidiary or subsidiaries within the
13                    meaning of the Corporations Act 2001 (Commonwealth))
14                    indirect shareholding of 20% or more is held by Rio Tinto
15                    Limited ABN 96 004 458 404;
16                    "Relevant Land", in relation to Special Advance Tenure,
17                    means the land which is the subject of that Special Advance
18                    Tenure;
19                    "Special Advance Tenure" means:
20                    (a)   a miscellaneous licence or general purpose lease
21                          requested under Section 10.04 to be granted to the Joint
22                          Venturers under the Mining Act 1978; or
23                    (b)   an easement or a lease requested under Section 10.04
24                          to be granted to the Joint Venturers under the LAA,
25                    and as the context requires such tenure if granted;
26                    "Surrendered Land" means all portions and interests in land
27                    surrendered from Temporary Reserves 4192H, 4737H and
28                    4882H pursuant to registered Partial Surrenders 751H/856,
29                    752H/856 and 753H/856 respectively;
30                    "The JORC Code" means the Australasian Code for Reporting
31                    of Exploration Results, Mineral Resources and Ore Reserves
32                    prepared by the Joint Ore Reserves Committee of The
33                    Australasian Institute of Mining and Metallurgy, Australian
34                    Institute of Geoscientists and Minerals Council of Australia

     page 14
                      Iron Ore Agreements Legislation Amendment Bill 2024
     Iron Ore (Rhodes Ridge) Agreement Authorisation Act 1972      Part 2
                                                    amended

                                                                                s. 9


1                  in December 2012 or any future superseding code issued by
2                  the same or any future equivalent organisation or
3                  organisations;
4                  "variation date" means the date on which clause 2 of the
5                  variation agreement made on or about 27 August 2024
6                  between the State, the Joint Venturers and the Guarantor
7                  comes into operation;
8                  "washing" means a process of separation by water using only
9                  size as a criterion; and
10           (c)   in the definition of "assignee", deleting "and includes as
11                 associated company or third party in whose favour an
12                 appointment has been made pursuant to paragraph (b) of
13                 Section 25.04";
14           (d)   in the definition of "associated company", deleting "section
15                 (6) of the Companies Act 1961" and substituting "the
16                 Corporations Act 2001 (Commonwealth)";
17           (e)   in the definition of "iron ore pellets", deleting "mineral lease"
18                 and substituting "Mining Lease";
19           (f)   in the definition of "iron ore products", deleting "mineral
20                 lease" and substituting "Mining Lease";
21           (g)   in the definition "Joint Venturers' wharf", by deleting "and
22                 whether the same be a wharf constructed by or on behalf of
23                 the Joint Venturers a wharf used by the Joint Venturers in
24                 conjunction with another or others (including the State)";
25           (h)   in the definition of "Minister for Mines", after the words
26                 "Mining Act" inserting the words "and the Mining Act 1978";
27           (i)   in the definition of "parties", by deleting "or" and substituting
28                 "and";
29           (j)   in the definition of "secondary processing", by:
30                 (i)    deleting "concentration or other beneficiation of iron
31                        ore otherwise than by crushing or screening" and
32                        substituting "beneficiation of iron ore"; and
33                 (ii)   before the word "pellets" inserting the words "iron
34                        ore"; and


                                                                          page 15
     Iron Ore Agreements Legislation Amendment Bill 2024
     Part 2         Iron Ore (Rhodes Ridge) Agreement Authorisation Act 1972
                    amended

     s. 9


1                   (k)    in the definition of "Year 1", after the words "export date and"
2                          deleting "year" and substituting "Year";
3           (2)   in Section 1.03 by:
4                   (a)    in paragraph (b), after the words "References to an Act" insert
5                          the words "(other than the Mining Act)"; and
6                   (b)    inserting after subparagraph (ii) of paragraph (e) the
7                          following new paragraphs:
8                          "(f)   Words in the singular shall include the plural and words
9                                 in the plural shall include the singular according to the
10                                requirements of the context.
11                         (g)    One gender includes the other genders.
12                         (h)    Reference in this Agreement to any other document
13                                includes that document as from time to time added to,
14                                varied or amended and notwithstanding any change in
15                                the identity of the parties.
16                         (i)    "Including" means "including, but not limited to".
17                         (j)    Reference to a "person" includes a body corporate.
18                         (k)    Nothing in this Agreement shall be construed:
19                                (i) to exempt the Joint Venturers from compliance
20                                    with any requirement in connection with the
21                                    protection of the environment arising out of or
22                                    incidental to their activities under this Agreement
23                                    that may be made by or under the EP Act; or
24                                (ii) to exempt the State or the Joint Venturers from
25                                     compliance with or to require the State or the Joint
26                                     Venturers to do anything contrary to any laws
27                                     relating to native title or any lawful obligation or
28                                     requirement imposed on the State or the Joint
29                                     Venturers as the case may be pursuant to any laws
30                                     relating to native title; or
31                                (iii) to exempt the Joint Venturers from compliance
32                                      with the provisions of the Aboriginal Heritage
33                                      Act 1972 (WA)."



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1     (3)   in Section 1.04 by:
2                 (a)      after the words "will be deemed" inserting the words "(as at
3                          the commencement date and as at the variation date)"; and
4                 (b)      deleting "and in particular without limiting the generality of
5                          the foregoing the Acts mentioned in Sections 1.05 to 1.08
6                          inclusive shall be deemed to be amended to the extent
7                          indicated therein";
8     (4)   inserting after Section 1.05 the following new Section:
9           "SECTION 1.05A            EP ACT           Section 41 of the EP Act will
10          be deemed amended so that subsections (2) and (3) of that section do
11          not apply to decisions under or pursuant to this Agreement, the Mining
12          Act and the Mining Act 1978 relating to:
13          (a)         the granting of the mining lease pursuant to Section 9.01; or
14          (b)         for the avoidance of doubt, the renewal of the right of occupancy
15                      pursuant to Section 3.06."
16    (5)   deleting Section 1.06 (other than the heading) and substituting "Not
17          used.";
18    (6)   deleting Section 1.07 (other than the heading) and substituting "Not
19          used.";
20    (7)   deleting Section 1.08 (other than the heading) and substituting "Not
21          used.";
22    (8)   deleting Section 2.01 (other than the heading) and substituting "Not
23          used.";
24    (9)   deleting Section 2.02 (other than the heading) and substituting "Not
25          used.";
26   (10)   deleting Section 3.01 and substituting the following:
27          "SECTION 3.01            INITIAL OBLIGATIONS OF THE STATE
28          (a)         The State shall subject to paragraph (c) and the adequate
29                      protection of the environment (including flora and fauna) and the
30                      land affected (including improvements thereon) arrange for the




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     s. 9


1                    issue of requisite authority under any one or both of (as
2                    determined by the State in its discretion):
3                    (i)    section 91 of the LAA; or
4                    (ii)   section 182 of the LAA,
5                    to allow the Joint Venturers to enter upon Crown land (within the
6                    meaning of the LAA and including, if applicable, land the subject
7                    of a pastoral lease) to carry out all works to the extent reasonably
8                    necessary for the purposes of undertaking their obligations under
9                    Section 4.01 or to undertake investigations, studies and surveys
10                   in furtherance of their proposed activities under this Agreement.
11             (b)   For the purposes of subparagraph (ii) of paragraph (a),
12                   section 182 of the LAA shall apply as if the activities under this
13                   Agreement (including a significant modification, expansion or
14                   other variation of them for which proposals are required pursuant
15                   to this Agreement) are a proposed public work for which the
16                   LAA Minister is under that section authorised to take interests in
17                   land within the meaning of that section.
18             (c)   The Joint Venturers acknowledge that they shall be responsible
19                   for obtaining all consents of each person whose consent the LAA
20                   Minister (acting with the concurrence of the Minister in respect
21                   of any such Crown land the subject of a Government agreement)
22                   requires for the grant of any requisite authority referred to in
23                   paragraph (a) and in a form and substance acceptable to the LAA
24                   Minister."
25     (11)    in Section 3.09 deleting "mineral lease" and substituting "mining
26             lease";
27     (12)    inserting after Section 3.09 the following new Section:
28             "SECTION 3.10      MINING TENEMENTS DEDICATED TO THIS
29                                AGREEMENT
30             (a)   On and from the variation date the Joint Venturers dedicate to
31                   this Agreement the mining tenements listed in the Fifth Schedule
32                   and such dedication will extend to any tenements granted by way
33                   of conversion of or substitution for the above described
34                   tenements as well as any renewals or extensions from time to
35                   time.


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1           (b)   The terms and conditions of the dedicated mining tenements and
2                 the rights and obligations of the Joint Venturers under the Mining
3                 Act 1978 and the general law of the State are only affected to the
4                 extent required by the dedication in paragraph (a)."
5    (13)   in Section 4.01 by:
6           (a)   deleting Section 4.01 (other than the heading) and substituting
7                 the following:
8                 "The Joint Venturers shall continue their field and office
9                 engineering, environmental, heritage, market and finance studies
10                and other matters necessary for the purposes of enabling them to
11                finalise and to submit to the Minister the detailed proposals
12                referred to in Clause V."; and
13          (b)   in the heading, inserting an apostrophe after the word
14                "VENTURERS" and inserting the word "CONTINUING" before
15                the word "INVESTIGATIONS";
16   (14)   deleting Section 4.02 (other than the heading) and substituting "Not
17          used.";
18   (15)   deleting Section 4.03 (other than the heading) and substituting the
19          following:
20          "The Joint Venturers shall keep the State fully informed in writing at
21          annual intervals from the variation date (or such lesser interval
22          determined from time to time by the Minister) as to the progress and
23          results of its investigations under Section 4.01 and shall supply to the
24          State such information in relation thereto as the Minister may
25          reasonably request from time to time.";
26   (16)   deleting Section 4.04 and substituting the following:
27          "SECTION 4.04        CONSULTATION WITH STATE                  The Joint
28          Venturers shall co-operate with the State and consult with the
29          representatives or officers of the State regarding matters referred to in
30          Sections 4.01 and 4.03 and any other relevant studies in relation to those
31          Sections that the Minister may wish the Joint Venturers to undertake."
32   (17)   deleting Section 5.01 (other than the heading) and substituting "Not
33          used.";



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1      (18)    deleting Section 5.02 (other than the heading) and substituting the
2              following:
3              "The Joint Venturers shall, subject to the EP Act, the provisions of this
4              Agreement, grant of the Mining Lease, approval of a plan as referred to
5              in Section 7.04 and provision of a plan as referred to in Section 7.05,
6              submit to the Minister on or before 31 December 2032 to the fullest
7              extent reasonably practicable their detailed proposals (herein referred
8              to as "the said proposals") (which shall include (where practicable)
9              appropriate plans and (where reasonably required by the Minister)
10             appropriate specifications and any other details normally required by a
11             local government for a large scale mining project in whose area any
12             works are to be situated) in respect of the production of not less than 30
13             million tonnes of iron ore per annum for transportation from the Mining
14             Lease and the transport and shipment of iron ore produced (whether as
15             an initial development or as an expansion of a development the subject
16             of proposals approved under Section 6A.02), which proposals shall be
17             in substance consistent with the information provided by the Joint
18             Venturers in support of their application for the Mining Lease under
19             Section 9.01 (unless otherwise approved by the Minister) and include
20             the location, area, layout, design, materials and time program for the
21             commencement and completion of the construction or the provision (as
22             the case may be) of each of the following matters:
23             (a)   the mining and recovery of iron ore including mining, crushing,
24                   screening, handling, transport and storage or iron ore and plant
25                   facilities and any beneficiation or further processing of iron ore
26                   proposed to be carried out;
27             (b)   transportation of iron ore from the Mining Lease (by road,
28                   railway, rail spur line or conveyor connecting to a railway
29                   constructed and operated under an Integration Agreement) to the
30                   loading port for shipping;
31             (c)   temporary accommodation and ancillary facilities for the mine
32                   construction workforce on or in the vicinity of the Mining Lease
33                   and housing or other appropriate accommodation and facilities
34                   elsewhere for the Joint Venturers' workforce;
35             (d)   storage and ship loading of iron ore;
36             (e)   water supply and disposal;



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1           (f)   roads within the Mining Lease and roads serving the Mining
2                 Lease;
3           (g)   energy supplies;
4           (h)   mine aerodrome on or in the vicinity of the Mining Lease and
5                 any other aerodrome facilities and services;
6           (i)   any ancillary leases, licenses, easements or other titles to land
7                 (not being exploration licences or retention licences) required
8                 from the State;
9           (j)   disposal of waste materials;
10          (k)   drainage;
11          (l)   dust control measures;
12          (m)   any other works, services or facilities proposed or required by the
13                Joint Venturers; and
14          (n)   use of local labour, professional services, manufacturers,
15                suppliers, contractors and materials and measures to be taken
16                with respect to the engagement and training of employees by the
17                Joint Venturers, their agents and contractors."
18   (19)   in Section 5.03 deleting "(m) of Section 5.02" and substituting "(n) of
19          Section 5.02";
20   (20)   in Section 5.04 by:
21          (a)   after the words "approval of the Minister" inserting the words
22                "(except in relation to an Integration Agreement)"; and
23          (b)   before each occurrence of the words "facilities" inserting the
24                words "works installations or";
25   (21)   deleting Section 5.05 (other than the heading) and substituting the
26          following:
27          "At the time when the Joint Venturers submit the last of the said
28          proposals pursuant to this Clause, they shall furnish to the Minister's
29          reasonable satisfaction evidence of:
30          (a)   marketing arrangements demonstrating the Joint Venturers'
31                ability to sell iron ore and iron ore products produced in
32                accordance with the said proposals;


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     s. 9


1              (b)   the financial capacity of the Joint Venturers to undertake the
2                    operations to which the said proposals refer; and
3              (c)   the readiness of the Joint Venturers to embark upon and proceed
4                    to carry out the operations referred to in the said proposals."
5      (22)    deleting Section 5.06 (other than the heading) and substituting "Not
6              used.";
7      (23)    in Section 6.01 by:
8              (a)   after the words "the Minister may" in the first sentence inserting
9                    the words "subject to the EP Act";
10             (b)   in paragraph (a) by:
11                   (i)    deleting "(m)" and substituting "(n)"; and
12                   (ii)   inserting before the semi colon the words "or until such
13                          time as Section 5.05 has been complied with"; and
14             (c)   deleting the full stop at the end of paragraph (c) and substituting
15                   "; or" followed by the following new paragraphs:
16                   "(d) subject to the limitations set out below, refuse to approve
17                        the proposal (whether it requests the grant of new tenure
18                        or not) if the Minister is satisfied on reasonable grounds
19                        that it is not in the public interest for the proposal to be
20                        approved,
21                          PROVIDED ALWAYS that where implementation of any
22                          proposals hereunder has been approved pursuant to the EP
23                          Act subject to conditions or procedures, any approval or
24                          decision of the Minister under this Clause shall if the case
25                          so requires incorporate a requirement that the Joint
26                          Venturers make such alterations to the proposals as may
27                          be necessary to make them accord with those conditions or
28                          procedures.
29                          In considering whether to refuse to approve a proposal the
30                          Minister is to assess whether or not the implementation of
31                          the proposal by itself, or together with any one or more of
32                          the other submitted proposals, will:



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                                                                                s. 9


1                       (i)    detrimentally affect economic and orderly
2                              development in the said State, including without
3                              limitation, infrastructure development in the said
4                              State; or
5                       (ii)   be contrary to or inconsistent with the planning and
6                              development policies and objectives of the State; or
7                       (iii) detrimentally affect the rights and interests of third
8                             parties; or
9                       (iv) detrimentally affect access to and use by others of
10                           the lands the subject of any grant or proposed grant
11                           to the Joint Venturers.
12                      The right to refuse to approve a proposal conferred by
13                      paragraph (d) may only be exercised in respect of a
14                      proposal where the Minister is satisfied on reasonable
15                      grounds that a purpose of the proposal is the integrated use
16                      of works installations or facilities (as defined in
17                      paragraph (g) of Section 9A.03 for the purpose of that
18                      Section) as contemplated by Section 9A.03. It may not be
19                      so exercised in respect of a proposal if pursuant to
20                      Section 7.03(e) the Minister, prior to the submission of the
21                      proposal, advised the Joint Venturers in writing that the
22                      Minister has no public interest concerns (as defined in that
23                      Section) with the single preferred development (as
24                      referred to in Section 7.03(e)(i)) the subject of the
25                      submitted proposals and those proposals are consistent (as
26                      to their substantive scope and content) with the
27                      information provided to the Minister pursuant to
28                      Section 7.03(e) in respect of that single preferred
29                      development."
30   (24)   deleting Section 6.02 (other than the heading) and substituting the
31          following:
32          "The Minister shall within two (2) months after receipt of proposals
33          pursuant to Section 5.02 give notice to the Joint Venturers of his
34          decision in respect to the proposals, PROVIDED THAT:
35          (a)   where a proposal is to be assessed under Part IV of the EP Act
36                the Minister shall only give notice to the Joint Venturers of his

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                    amended

     s. 9


1                    decision in respect to the proposal within two (2) months after
2                    service on him of an authority under section 45(12) of the EP
3                    Act; and
4              (b)   the Minister shall not consider a purported proposal or proposals
5                    (as the case may be) if the Minister is of the opinion that the
6                    purported proposal or proposals does not or do not (as the case
7                    may be) comply with Clause V or other provisions of this
8                    Agreement that apply to the purported proposal or proposals and
9                    in such circumstances:
10                   (i)     Section 6.01 and this Section (other than this paragraph (b)
11                           shall not apply to the purported proposal or proposals;
12                   (ii)    subject to this Agreement, the Minister shall afford the
13                           Joint Venturers full opportunity to consult with him
14                           (including disclosure of written reasons for his opinion)
15                           and should they so desire to submit a new or revised
16                           proposal or proposals either generally or in respect to some
17                           particular matter; and
18                   (iii)   the Minister's opinion is not subject to arbitration
19                           hereunder.
20             (c)   Nothing in this Agreement prevents the Joint Venturers
21                   providing the Minister with a particular proposal or proposals in
22                   draft form and requesting that the Minister provide his or her
23                   view as to whether, if submitted under Section 5.02,
24                   Section 6.02(b) may apply to that proposal or proposals
25                   PROVIDED ALWAYS that in considering the draft proposal or
26                   proposals it is in the Minister's discretion whether to form or not
27                   form a view on the draft proposal or proposals and in that regard
28                   relevant considerations for not forming a view may include that
29                   the Joint Venturers have developed the draft proposal or
30                   proposals without consulting with, or taking into account
31                   comments of, the department from time to time principally
32                   assisting the Minister in the administration of this Agreement.
33             (d)   If the Minister decides to form a view on the Joint Venturers'
34                   draft proposal or proposals for the purpose referred to in
35                   paragraph (c), the Minister will within three (3) months of
36                   receiving the request (or if the Minister requests further
37                   information, within three (3) months of provision of that

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                                                                                   s. 9


1                 information) provide to the Joint Venturers his or her view on the
2                 application of Section 6.02(b) and provide reasons if the Minister
3                 considers Section 6.02(b) may apply.
4           (e)   If the Minister decides not to form a view on the Joint Venturers'
5                 draft proposal or proposals for the purpose referred to in
6                 paragraph (c), the Minister will within three (3) months of
7                 receiving the request (or if the Minister requests further
8                 information, within three (3) months of provision of that
9                 information) advise the Joint Venturers accordingly and shall
10                provide reasons to the extent he or she considers appropriate.
11          (f)   The Minister's view and any reasons provided under
12                paragraph (d) or decision not to form a view on the Joint
13                Venturers' draft proposal or proposals (including reasons in that
14                regard) are not subject to arbitration hereunder.
15          (g)   Subject to paragraph (h), if, within six (6) months of the Minister
16                providing views under paragraph (d), the Joint Venturers submit
17                a proposal or proposals under Section 5.02 in materially the same
18                form and substance as the draft proposal or proposals provided
19                under paragraph (c) or as altered to address any reasons provided
20                under paragraph (d) (as the case may be), Section 6.02(b) will not
21                apply to such proposal or proposals.
22          (h)   Notwithstanding paragraph (g), the Minister may form the
23                opinion under Section 6.02(b) that the proposal or proposals
24                referred to in paragraph (g) does not or do not (as the case may
25                be) comply with Clause V or other applicable provisions of this
26                Agreement for reasons including a change in circumstances
27                affecting or relevant to the proposal or proposals.
28          (i)   Subject to paragraph (g), a decision by the Minister to form or
29                not form a view on the draft proposal or proposals provided by
30                the Joint Venturers for the purpose referred to in paragraph (c)
31                shall not in any way limit, prejudice or otherwise affect the
32                exercise by the Minister of the Minister's powers, or the
33                performance of the Minister's obligations, under this Agreement
34                or otherwise under the laws from time to time of the said State."
35   (25)   in Section 6.03 deleting "(a) or (c)" and substituting "(a), (c) or (d)";




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     s. 9


1      (26)    in Section 6.04 by:
2                    (i)    deleting "paragraph" and substituting "paragraph (a) or";
3                           and
4                    (ii)   inserting after the full stop the sentence "Any
5                           requirement of the Minister pursuant to the proviso to
6                           Section 6.01 and any decision of the Minister under
7                           paragraph (d) of Section 6.01 shall not be referrable to
8                           arbitration hereunder.";
9      (27)    in Section 6.06 by:
10             (a)   in paragraph (a) after the words "condition precedent" inserting
11                   the words "or Minister's decision to defer consideration";
12             (b)   in paragraph (b) by:
13                   (i)    deleting "that the condition precedent is unreasonable" and
14                          substituting "in favour of the Joint Venturers"; and
15                   (ii)   inserting before the full stop the words "unless determined
16                          otherwise by the arbitrator";
17     (28)    deleting Section 6.07 and substituting the following new Sections:
18             "SECTION 6.07 EFFECT OF NON-APPROVAL OF SAID
19             PROPOSALS Notwithstanding that under Section 6.01 any proposals
20             of the Joint Venturers are approved by the Minister or determined by
21             arbitration award, unless each and every such proposal and matter is so
22             approved or determined by 31 December 2033 (or if the date for
23             submission of proposals under Section 5.02 is extended pursuant to
24             Section 29.01 then by the date twelve (12) months after expiry of such
25             extension) then the Minister may give to the Joint Venturers twelve (12)
26             months notice of intention to determine this Agreement and unless
27             before the expiration of the said twelve (12) months period all the
28             detailed proposals and matters are so approved or determined this
29             Agreement shall cease and determine subject however to the provisions
30             of Clause XXVI.




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                                                                                s. 9


1           SECTION 6.08       IMPLEMENTATION OF APPROVED PROPOSALS
2           (a)   The Joint Venturers shall implement the approved proposals in
3                 accordance with the terms thereof.
4           (b)   Notwithstanding Section 28.01, the Minister may during the
5                 implementation of approved proposals approve variations to
6                 those proposals."
7    (29)   inserting after Section 6.08 the following new Clause:
8                                 "CLAUSE VIA
9           SECTION 6A.01 OPTIONAL INTERIM PROPOSALS
10          (a)   Without limiting the obligation of the Joint Venturers under
11                Section 5.02, the Joint Venturers may with the prior approval of
12                the Minister and subject to the EP Act, the provisions of this
13                Agreement, grant of the Mining Lease, approval of a plan as
14                referred to in Section 7.04 and provision of a plan as referred to
15                in Section 7.05, submit to the Minister on or before
16                31 December 2030 to the fullest extent reasonably practicable
17                their detailed proposals (which shall include (where practicable)
18                appropriate plans and (where reasonably required by the
19                Minister) appropriate specifications and any other details
20                normally required by a local government for a large scale mining
21                project in whose area any works are to be situated) in respect of
22                the Interim Development, which proposals shall be in substance
23                consistent with the information provided by the Joint Venturers
24                in support of their application for the Mining Lease under
25                Section 9.01 (unless otherwise approved by the Minister) and
26                include the location, area, layout, design, materials and time
27                program for the commencement and completion of the
28                construction or the provision (as the case may be) of the matters
29                referred to in Section 5.02 as may be applicable to the
30                development.
31          (b)   For the purposes of this Section "Interim Development" means a
32                development preparatory to or comprising part of the initial
33                development to be the subject of proposals under Section 5.02.




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                    amended

     s. 9


1              SECTION 6A.02 CONSIDERATION OF OPTIONAL INTERIM
2              PROPOSALS The provisions of Clause VI (except for Section 6.07)
3              shall apply mutatis mutandis to proposals submitted under
4              Section 6A.01."
5      (30)    deleting Section 7.01 (other than the heading) and substituting the
6              following:
7              "(a)   Subject to Clause XXIII, if the Joint Venturers, at any time
8                     during the continuance of this Agreement after the approval of
9                     the said proposals, desire to significantly modify, expand or
10                    otherwise vary their activities carried on pursuant to this
11                    Agreement (other than under Section 9A.05 or Clause XXIII)
12                    beyond those activities specified in any proposals approved
13                    pursuant to Clause VI they shall give notice of such desire to the
14                    Minister and within two (2) months thereafter shall submit to the
15                    Minister detailed proposals in respect of all matters covered by
16                    such notice and such of the other matters mentioned in
17                    Section 5.02 as the Minister may require.
18             (b)    A proposal may with the consent of the Minister (except in
19                    relation to an Integration Agreement) and that of any parties
20                    concerned (being in respect of an Integration Agreement the
21                    Integration Proponent for that agreement) provide for the use by
22                    the Joint Venturers of any works installations or facilities
23                    constructed or established under a Government agreement.
24             (c)    Each of the proposals pursuant to paragraph (a) may with the
25                    approval of the Minister, or shall if so required by the Minister,
26                    be submitted separately and in any order as to any matter or
27                    matters in respect of which such proposals are required to be
28                    submitted.
29             (d)    At the time when the Joint Venturers submit the said proposals
30                    they shall submit to the Minister details of any services
31                    (including any elements of the project investigations, design and
32                    management) and any works materials, plant, equipment and
33                    supplies that they propose to consider obtaining from or having
34                    carried out or permitting to be obtained from or carried out
35                    outside Australia together with their reasons therefor and shall, if
36                    required by the Minister, consult with the Minister with respect
37                    thereto.


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                                                                                  s. 9


1           (e)   The Joint Venturers may withdraw their proposals pursuant to
2                 paragraph (a) at any time before approval thereof, or where any
3                 decision in respect thereof is referred to arbitration as referred to
4                 in Section 7.02, within three (3) months after the award by notice
5                 to the Minister that they shall not be proceeding with the same."
6    (31)   deleting Section 7.02 and substituting the following:
7           "SECTION 7.02       CONSIDERATION OF JOINT VENTURERS'
8                               PROPOSALS UNDER SECTION 7.01
9           (a)   In respect of each proposal pursuant to paragraph (a) of
10                Section 7.01 the Minister shall:
11                (i)     subject to the limitations set out below, refuse to approve
12                        the proposal (whether it requests the grant of new tenure
13                        or not) if the Minister is satisfied on reasonable grounds
14                        that it is not in the public interest for the proposal to be
15                        approved; or
16                (ii)    approve of the proposal without qualification or
17                        reservation; or
18                (iii)   defer consideration of or decision upon the same until such
19                        time as the Joint Venturers submit a further proposal or
20                        proposals in respect of some other of the matters
21                        mentioned in paragraph (a) of Section 7.01 not covered by
22                        the said proposal; or
23                (iv)    require as a condition precedent to the giving of his
24                        approval to the said proposal that the Joint Venturers make
25                        such alteration thereto or comply with such conditions in
26                        respect thereto as he thinks reasonable, and in such a case
27                        the Minister shall disclose his reasons for such conditions,
28                PROVIDED ALWAYS that:
29                (v)     where implementation of any proposals hereunder has
30                        been approved pursuant to the EP Act subject to conditions
31                        or procedures, any approval or decision of the Minister
32                        under this Section shall if the case so requires incorporate
33                        a requirement that the Joint Venturers make such
34                        alterations to the proposals as may be necessary to make
35                        them accord with those conditions or procedures; and

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     s. 9


1                  (vi)   the Minister shall not consider a purported proposal or
2                         proposals (as the case may be) if the Minister is of the
3                         opinion that the purported proposal or proposals does not
4                         or do not (as the case may be) comply with Section 7.01
5                         or other provisions of this Agreement that apply to the
6                         purported proposal or proposals and in such
7                         circumstances:
8                         (A)   this Section (other than this paragraph (vi) shall not
9                               apply to the purported proposal or proposals;
10                        (B)   subject to this Agreement, the Minister shall afford
11                              the Joint Venturers full opportunity to consult with
12                              him (including disclosure of written reasons for his
13                              opinion) and should they so desire to submit a new
14                              or revised proposal or proposals either generally or
15                              in respect to some particular matter; and
16                        (C)   the Minister's opinion is not subject to arbitration
17                              hereunder.
18                 The provisions of paragraphs (c) to (i) of Section 6.02 shall apply
19                 mutatis mutandis.
20                 In considering whether to refuse to approve a proposal the
21                 Minister is to assess whether or not the implementation of the
22                 proposal by itself, or together with any one or more of the other
23                 submitted proposals, will:
24                        (A)   detrimentally affect economic and orderly
25                              development in the said State, including without
26                              limitation, infrastructure development in the said
27                              State; or
28                        (B)   be contrary to or inconsistent with the planning and
29                              development policies and objectives of the State; or
30                        (C)   detrimentally affect the rights and interests of third
31                              parties; or
32                        (D)   detrimentally affect access to and use by others of
33                              the lands the subject of any grant or proposed grant
34                              to the Joint Venturers.



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1               The right to refuse to approve a proposal conferred by
2               paragraph (a) may only be exercised in respect of a proposal
3               where the Minister is satisfied on reasonable grounds that a
4               purpose of the proposal is the integrated use of works
5               installations or facilities (as defined in paragraph (g) of
6               Section 9A.03 for the purpose of that Section) as contemplated
7               by Section 9A.03. It may not be so exercised in respect of a
8               proposal if pursuant to Section 7.03(e) the Minister, prior to the
9               submission of the proposal, advised the Joint Venturers in writing
10              that the Minister has no public interest concerns (as defined in
11              that Section) with the single preferred development (as referred
12              to in Section 7.03(e)(i)) the subject of the submitted proposals
13              and those proposals are consistent (as to their substantive scope
14              and content) with the information provided to the Minister
15              pursuant to Section 7.03(e) in respect of that single preferred
16              development.
17        (b)   The Minister shall within two (2) months after receipt of
18              proposals pursuant to Section 7.01 give notice to the Joint
19              Venturers of his decision in respect to the proposals, PROVIDED
20              THAT where a proposal is to be assessed under Part IV of the EP
21              Act the Minister shall only give notice to the Joint Venturers of
22              his decision in respect to the proposal within two (2) months after
23              service on him of an authority under section 45(12) of the EP
24              Act.
25        (c)   If the decision of the Minister is as mentioned in either of
26              subparagraphs (i), (iii) or (iv) of paragraph (a) the Minister shall
27              afford the Joint Venturers full opportunity to consult with him
28              and should they so desire to submit new or revised proposals
29              either generally or in respect to some particular matter.
30        (d)   If the decision of the Minister is as mentioned in either of
31              subparagraphs (iii) or (iv) of paragraph (a) and the Joint
32              Venturers consider that the decision is unreasonable the Joint
33              Venturers within two (2) months after receipt of the notice
34              mentioned in paragraph (b) may elect to refer to arbitration in the
35              manner hereinafter provided the question of the reasonableness
36              of the decision PROVIDED THAT any requirement of the
37              Minister pursuant to the proviso to paragraph (a) shall not be
38              referrable to arbitration hereunder. A decision of the Minister


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1                    under subparagraph (i) of paragraph (a) shall not be referrable to
2                    arbitration under this Agreement.
3              (e)   If by the award made on the arbitration pursuant to paragraph (d)
4                    the dispute is decided in favour of the Joint Venturers the
5                    decision shall take effect as a notice by the Minister that he is so
6                    satisfied with and approves the matter or matters the subject of
7                    the arbitration.
8              (f)   The Joint Venturers shall implement the approved proposals in
9                    accordance with the terms thereof.
10             (g)   Notwithstanding Section 28.01, the Minister may during the
11                   implementation of approved proposals approve variations to
12                   those proposals."
13     (32)    deleting Section 7.03 and substituting the following:
14             "SECTION 7.03 NOTIFICATION OF POSSIBLE PROPOSALS
15             (a)   If the Joint Venturers, upon completion of a pre-feasibility study
16                   in respect of any matter that would require the submission and
17                   approval of proposals pursuant to this Agreement (being
18                   proposals which will have as their purpose, or one of their
19                   purposes, the integrated use of works installations or facilities as
20                   contemplated by Section 9A.03) for the matter to be undertaken,
21                   intends to further consider the matter with a view to possibly
22                   submitting such proposals they shall promptly notify the Minister
23                   in writing giving reasonable particulars of the relevant matter.
24             (b)   Within one (1) month after receiving the notification the Minister
25                   may, if the Minister so wishes, inform the Joint Venturers of the
26                   Minister's views of the matter at that stage.
27             (c)   If the Joint Venturers are informed of the Minister's views, they
28                   shall take them into account in deciding whether or not to
29                   proceed with their consideration of the matter and the submission
30                   of proposals.
31             (d)   Neither the Minister's response nor the Minister choosing not to
32                   respond shall in any way limit, prejudice or otherwise affect the
33                   exercise by the Minister of the Minister's powers, or the
34                   performance of the Minister's obligations, under this Agreement
35                   or otherwise under the laws from time to time of the said State.


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1         (e)   (i)     This paragraph (e) applies where the Joint Venturers have
2                       settled upon a single preferred development a purpose
3                       of which is the integrated use of works installations or
4                       facilities (as defined in paragraph (g) of Section 9A.03
5                       for the purpose of that Section) as contemplated by
6                       Section 9A.03.
7               (ii)    For the purpose of this paragraph (e) "public interest
8                       concerns" means any concern that implementation of the
9                       single preferred development or any part of it will:
10                      (A)   detrimentally affect economic and orderly
11                            development in the said State, including without
12                            limitation, infrastructure development in the said
13                            State; or
14                      (B)   be contrary to or inconsistent with the planning and
15                            development policies and objectives of the State; or
16                      (C)   detrimentally affect the rights and interests of third
17                            parties; or
18                      (D)   detrimentally affect access to and use by others of
19                            lands the subject of any grant or proposed grant to
20                            the Joint Venturers.
21              (iii)   At any time prior to submission of proposals the Joint
22                      Venturers may give to the Minister notice of their single
23                      preferred development and request the Minister to confirm
24                      that the Minister has no public interest concerns with that
25                      single preferred development.
26              (iv)    The Joint Venturers shall furnish to the Minister with their
27                      notice reasonable particulars of the single preferred
28                      development including, without limitation:
29                      (A)   as to the matters that would be required to be
30                            addressed in submitted proposals; and
31                      (B)   their progress in undertaking any feasibility or other
32                            studies or matters to be completed before
33                            submission of proposals; and




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1                            (C)    their timetable for obtaining required statutory and
2                                   other approvals in relation to the submission and
3                                   approval of proposals; and
4                            (D)    their tenure requirements.
5              (v)    If so required by the Minister, the Joint Venturers will provide to
6                            the Minister such further information regarding the single
7                            preferred development as the Minister may require from
8                            time to time for the purpose of considering the Joint
9                            Venturers request and also consult with the Minister or
10                           representatives or officers of the State in regard to the
11                           single preferred development.
12             (vi)   Within two (2) months after receiving the notice (or if the
13                          Minister requests further information, within two (2)
14                          months after the provision of that information) the
15                          Minister must advise the Joint Venturers:
16                           (A)    that the Minister has no public interest concerns
17                                  with the single preferred development; or
18                           (B)    that he is not then in a position to advise that he has
19                                  no public interest concerns with the single preferred
20                                  development and the Minister's reasons in that
21                                  regard.
22             (vii) If     the Minister gives the advice mentioned in
23                            subparagraph (vi)(B) the Joint Venturers may, should they
24                            so desire, give a further request to the Minister in respect
25                            of a revised or alternate single preferred development and
26                            the provisions of this paragraph shall apply mutatis
27                            mutandis thereto."
28     (33)    inserting after Section 7.03 the following new Sections:
29             "SECTION 7.04 COMMUNITY DEVELOPMENT PLAN
30             (a)    In this Section, the term "community and social benefits"
31                    includes:
32                    (i)    assistance with skills development and training
33                           opportunities to promote work readiness and employment
34                           for persons living in the Pilbara region of the said State;


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1               (ii)    regional development activities in the Pilbara region of the
2                       said State, including partnerships and sponsorships;
3               (iii)   contribution to any community projects, town services or
4                       facilities; and
5               (iv)    a regionally based workforce.
6         (b)   The Joint Venturers acknowledge the need for community and
7               social benefits flowing from this Agreement.
8         (c)   The Joint Venturers agree that:
9               (i)     they shall prepare a plan which describes the Joint
10                      Venturers' proposed strategies for achieving community
11                      and social benefits in connection with their activities under
12                      this Agreement; and
13              (ii)    the Joint Venturers shall, not later than six (6) months after
14                      the variation date, submit to the Minister the plan prepared
15                      under subparagraph (c)(i) and confer with the Minister in
16                      respect of the plan.
17        (d)   The Minister shall within two (2) months after receipt of a plan
18              submitted under subparagraph (c)(ii), either notify the Joint
19              Venturers that the Minister approves the plan as submitted or
20              notify the Joint Venturers of changes which the Minister requires
21              be made to the plan. If the Joint Venturers are unwilling to accept
22              the changes which the Minister requires they shall notify the
23              Minister to that effect and either party may refer to arbitration
24              hereunder the question of the reasonableness of the changes
25              required by the Minister.
26        (e)   The effect of an award made on an arbitration pursuant to
27              paragraph (d) shall be that the relevant plan submitted by the
28              Joint Venturers pursuant to subparagraph (c)(ii) shall, with such
29              changes required by the Minister under paragraph (d) as the
30              arbitrator determines to be reasonable (with or without
31              modification by the arbitrator), be deemed to be the plan
32              approved by the Minister under this Section.
33        (f)   At least three (3) months before the anticipated submission of
34              proposals relating to a proposed development pursuant to any of
35              Clauses V, VIA and VII, Section 9A.05 and Clause XXIII, the


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1                    Joint Venturers must, unless the Minister otherwise requires,
2                    give to the Minister information about how the proposed
3                    development may affect the plan approved or deemed to be
4                    approved by the Minister under this Section. This obligation
5                    operates in relation to all proposals submitted on or after the date
6                    that is four (4) months after the date when a plan is first approved
7                    or deemed to be approved under this Section.
8              (g)   The Joint Venturers shall at least annually report to the Minister
9                    about the Joint Venturers' implementation of the plan approved
10                   or deemed to be approved by the Minister under this Section.
11             (h)   At the request of either of them made at any time and from time
12                   to time, the Minister and the Joint Venturers shall confer as to
13                   any amendments desired to any plan approved or deemed to be
14                   approved by the Minister under this Section and may agree to
15                   amendment of the plan or adoption of a new plan. Any such
16                   amended plan or new plan will be deemed to be the plan
17                   approved by the Minister under this Section in respect of the
18                   development to which it relates.
19             (i)   During the currency of this Agreement, the Joint Venturers shall
20                   implement the plan approved or deemed to be approved by the
21                   Minister under this Section.
22             (j)   The Joint Venturers shall promptly provide to the State a
23                   summary of each plan approved or deemed to be approved in a
24                   form reasonably required by the State (which summary shall be
25                   published by or on behalf of the Joint Venturers).
26             SECTION 7.05 LOCAL PARTICIPATION PLAN
27             (a)   In this Section, the term "local industry participation benefits"
28                   means:
29                   (i)    the use and training of labour available within the said
30                          State;
31                   (ii)   the use of the services of engineers, surveyors, architects
32                          and other professional consultants, experts, specialists,
33                          project managers and contractors available within the said
34                          State; and



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1               (iii)   the procurement of works, materials, plant, equipment and
2                       supplies    from    Western      Australian      suppliers,
3                       manufacturers and contractors.
4         (b)   The Joint Venturers acknowledge the need for local industry
5               participation benefits flowing from this Agreement.
6         (c)   The Joint Venturers agree that they shall, not later than six (6)
7               months after the variation date, prepare and provide to the
8               Minister a plan which contains:
9               (i)     a clear statement on the strategies which the Joint
10                      Venturers will use, and require a third party as referred to
11                      in paragraph (g) to use, to maximise the uses and
12                      procurement referred to in paragraph (a);
13              (ii)    detailed information on the procurement practices the Joint
14                      Venturers will adopt, and require a third party as referred
15                      to in paragraph (g) to adopt, in calling for tenders and
16                      letting contracts for works, materials, plant, equipment and
17                      supplies in relation to a proposed development and how
18                      such practices will provide fair and reasonable opportunity
19                      for suitably qualified Western Australian suppliers,
20                      manufacturers and contractors to tender or quote for
21                      works, materials, plant, equipment and supplies;
22              (iii)   detailed information on the methods the Joint Venturers
23                      will use, and require a third party as referred to in
24                      paragraph (g) to use, to have its respective procurement
25                      officers promptly introduced to Western Australian
26                      suppliers, manufacturers and contractors seeking such
27                      introduction; and
28              (iv)    details of the communication strategies the Joint Venturers
29                      will use, and require a third party as referred to in
30                      paragraph (g) to use, to alert Western Australian
31                      engineers, surveyors, architects and other professional
32                      consultants, experts, specialists, project managers and
33                      consultants and Western Australian suppliers,
34                      manufacturers and contractors to services opportunities
35                      and procurement opportunities respectively as referred to
36                      in paragraph (a).


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1                    It is acknowledged by the Joint Venturers that the strategies
2                    of the Joint Venturers referred to in subparagraph (c)(i) will
3                    include strategies of the Joint Venturers in relation to supply
4                    of services, labour, works, materials, plant, equipment or
5                    supplies for the purposes of this Agreement.
6              (d)   At the request of either of them made at any time and from time
7                    to time, the Minister and the Joint Venturers shall confer as to
8                    any amendments desired to any plan provided under this Section
9                    and may agree to the amendment of the plan or the provision of
10                   a new plan in substitution for the one previously provided.
11             (e)   At least six (6) months before the anticipated submission of
12                   proposals relating to a proposed development pursuant to any of
13                   Clauses V, VIA and VII, Section 9A.05 and Clause XXIII, the
14                   Joint Venturers must, unless the Minister otherwise requires,
15                   give to the Minister information about the implementation of the
16                   plan provided under this Section in relation to the proposed
17                   development. This obligation operates in relation to all proposals
18                   submitted on or after the date that is seven (7) months after the
19                   date when a plan is first provided under this Section.
20             (f)   During the currency of this Agreement the Joint Venturers shall
21                   implement the plan provided under this Section.
22             (g)   The Joint Venturers shall:
23                   (i)    in every contract entered into with a third party where the
24                          third party has an obligation or right to procure the supply
25                          of services, labour, works, materials, plant, equipment or
26                          supplies for or in connection with a proposed
27                          development, ensure that the contract contains appropriate
28                          provisions requiring the third party to undertake
29                          procurement activities in accordance with the plan
30                          provided under this Section; and
31                   (ii)   use reasonable endeavours to ensure that the third party
32                          complies with those provisions.
33             (h)   The Joint Venturers shall promptly provide to the State a
34                   summary of each plan provided under this Section in a form
35                   reasonably required by the State (which summary shall be
36                   published by or on behalf of the Joint Venturers)."


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                                                                                  s. 9


1    (34)   in Section 8.01 by:
2           (a)   in paragraph (a) inserting before the semi colon the words "(other
3                 than as contemplated by paragraph (c) of that Section)";
4           (b)   deleting paragraph (c) (other than the paragraph number) and
5                 substituting "Not Used."; and
6           (c)   in paragraph (d) deleting "three (3)" and substituting "six (6)";
7    (35)   deleting Section 9.01 and substituting the following:
8           "SECTION 9.01         MINING LEASE          The Joint Venturers may at
9           any time and before the date that is two (2) years from the variation date
10          (or thereafter within such period as extended by the Minister pursuant
11          to Section 29.01) apply to the Minister for a mining lease for the whole
12          of the land comprised in the mining areas as is then subject to the right
13          of occupancy, the Surrendered Land and the mining tenements listed in
14          the Fifth Schedule (and any tenements granted by way of conversion of
15          or substitution for those tenements as well as any renewals or extensions
16          of them that at the time the application is made the Joint Venturers are
17          registered holders) and such application shall be supported by the
18          following information:
19          (a)   proposed overall plan for development of the mining lease
20                (including location of mines, mining sequence strategy and time
21                frames for development);
22          (b)   proposed mining and processing methodology and supporting
23                significant works, installations or facilities and areas proposed to
24                be used for such infrastructure;
25          (c)   details of all resources reported in accordance with The JORC
26                Code;
27          and the Minister may within two (2) months after receipt of the
28          application under this Section 9.01 request:
29          (d)   any other information required under the Mining Act 1978 in
30                support of an application for a mining lease that is required by
31                the Minister (after consulting the Minister for Mines); and
32          (e)   any other information required by the Minister.
33          Provided that the Minister is satisfied that the information supporting
34          the Joint Venturers' application is sufficient, the State shall subject to

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     s. 9


1              the conditions and provisions set out in the paragraphs below and
2              insofar as is permitted by laws relating to native title cause to be granted
3              to the Joint Venturers a mining lease in the form set out in the Schedule
4              to this Agreement for the mining of iron ore from the land identified in
5              the application upon the surrender of the right of occupancy and the
6              relevant mining tenements:
7              (a)   the mining lease may be in respect of one or more pieces of land
8                    whether contiguous or not provided that the total area of the land
9                    the subject thereof will not exceed one thousand, one hundred
10                   and sixty-seven (1,167) square kilometres;
11             (b)   the boundaries of each piece of land comprising such area will be
12                   so located as to form a rectangle or as near thereto as is
13                   practicable;
14             (c)   the rental payable in respect of the mining lease shall be that
15                   prescribed from time to time under the Mining Act 1978
16                   otherwise than under regulation 28A;
17             (d)   the Joint Venturers will therein covenant to pay to the State in
18                   addition to the said rent the royalties fixed in Section 21.01;
19             (e)   the mining lease may be granted before the area leased has been
20                   surveyed but in that case shall be granted subject to the condition
21                   that the area leased shall be surveyed by the Joint Venturers at
22                   their expense in accordance with the Mining Act 1978 except that
23                   the Minister will determine any disputes or objections and shall
24                   accord with that survey;
25             (f)   subject to the due payment by the Joint Venturers of the said rent
26                   and royalties and to the due performance and observance by them
27                   of their other obligations thereunder and of their obligations
28                   under this Agreement and the Mining Act 1978 the term thereof
29                   will be twenty one (21) years as from the date of the granting
30                   thereof but the Joint Venturers will during the continuance of this
31                   Agreement have the right to take three (3) successive renewals
32                   of the said term each for a period of twenty one (21) years upon
33                   the same terms and conditions as the previous term and to apply
34                   to the Minister for one (1) further renewal at the Minister's
35                   discretion for a period up to twenty one (21) years upon such
36                   terms and conditions as the Minister for Mines determines
37                   subject to the sooner determination of the said term upon the


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1               cessation or determination of this Agreement. The said right will
2               be exercisable by the Joint Venturers making written application
3               to the Minister for any such renewal not later than twelve (12)
4               months before the expiration of the current term of the Mining
5               Lease;
6         (g)   from and after Year 14 the Joint Venturers, in addition to the
7               rental already referred to in paragraph (c), shall pay to the State
8               an additional rental in respect of the Mining Lease equal to 25
9               cents per tonne on all iron ore in respect of which royalty is
10              payable under Section 21.01, such additional rental to be paid in
11              respect of the same periods and at the same times as such royalty
12              is payable;
13        (h)   the Commissioner of Main Roads (in consultation with the
14              Minister and the Minister for Mines) shall pursuant to this
15              paragraph determine prior to the grant of the mining lease and
16              from time to time thereafter terms and conditions relating to the
17              GNH Portion (including, as a consequence of the Joint
18              Venturers' planned or proposed activities hereunder, requiring
19              the Joint Venturers to enter into an agreement with the
20              Commissioner of Main Roads relating to relevant matters
21              including the modification, replacement and relocation of any
22              affected portion or section of Great Northern Highway and
23              associated infrastructure and equipment at the cost of the Joint
24              Venturers and otherwise on terms reasonably required by the
25              Commissioner of Main Roads);
26        (i)   the Joint Venturers shall carry out their operations on the mining
27              lease in accordance with this Agreement and approved proposals
28              hereunder, the terms and conditions of the mining lease
29              (including such conditions not inconsistent with this Agreement
30              as determined and endorsed thereon by the Minister for Mines
31              from time to time), the terms and conditions determined from
32              time to time by the Commissioner of Main Roads (in consultation
33              with the Minister and the Minister for Mines) in relation to the
34              GNH Portion and any other applicable requirements that are not
35              inconsistent with the terms of this Agreement;
36        (j)   the provisions of the Mining Act 1978 are deemed modified to
37              prohibit any application for a mining tenement being made in
38              respect of the Surrendered Land prior to the grant of the mining


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1                    lease and to the extent any application for a mining tenement in
2                    respect of such land is made by a person (other than the Joint
3                    Venturers) prior to the variation date such pending application
4                    (other than miscellaneous licence application L 47/1151) is by
5                    this paragraph terminated on the variation date and no action,
6                    claim or demand lies against the State, the Minister or any other
7                    person in respect of any matter or thing arising from the
8                    termination of the pending application under this paragraph;
9              (k)   the provisions of the Mining Act 1978 which, but for this
10                   paragraph, entitle or would entitle a person to object with or
11                   without the leave of the warden to the grant of the mining lease
12                   to the Joint Venturers, shall not apply to the extent only that those
13                   provisions entitle or would entitle a person to so object;
14             (l)   the mining lease on grant, amendment or renewal will be taken
15                   to be, and to always have been, valid and effective to the same
16                   extent as it would have been if the requirements under this
17                   Agreement and the Mining Act 1978 for its grant, amendment or
18                   renewal had been complied with;
19             (m)   section 118A of the Mining Act 1978 does not apply to the
20                   Mining Lease; and
21             (n)   subject to paragraphs (a) to (m) inclusive of this Section and as
22                   in this Agreement otherwise provided all relevant provisions of
23                   the Mining Act 1978 and the Regulations thereunder will apply
24                   subject to contrary express and implied provisions of this
25                   Agreement (and for the avoidance of doubt the Joint Venturers
26                   will not be required to submit any mining proposals, mine closure
27                   plans, programmes of works or other authorising documents
28                   under the Mining Act 1978 in respect of their activities upon the
29                   Mining Lease)."
30     (36)    deleting Section 9.02 (other than the heading) and substituting "Not
31             used.";
32     (37)    in Section 9.03 by:
33             (a)   deleting "(e)" and substituting "(f)";
34             (b)   after the words "Section 9.01" inserting the words "and the
35                   Mining Act 1978";



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                                                    amended

                                                                                  s. 9


1           (c)   after the words "due and has" inserting the word "not";
2           (d)   before "surrender" inserting the words "with the prior consent of
3                 the Minister"; and
4           (e)   deleting "mineral lease" and substituting "Mining Lease provided
5                 however that such portion or portions have been rehabilitated in
6                 accordance with the EP Act, the approved mine closure plan, the
7                 terms and conditions of the Mining Lease and any other
8                 applicable requirements, unless the Minister otherwise allows";
9    (38)   deleting Section 9.04 (other than the heading) and substituting "Not
10          used.";
11   (39)   deleting Section 9.05 and substituting the following:
12          "SECTION 9.05 STONE, SAND, CLAY AND GRAVEL The Joint
13          Venturers in accordance with approved proposals may for the
14          construction of works (and the maintenance thereof) for the purposes of
15          this Agreement and without payment of royalty, obtain stone sand clay
16          and gravel from the Mining Lease."
17   (40)   deleting Section 9.06 (other than the heading) and substituting "Not
18          used.";
19   (41)   in Section 9.07 by deleting "MINERAL LEASE" in the heading and
20          substituting "MINING LEASE" and deleting "mineral lease" in the
21          Section and substituting "Mining Lease";
22   (42)   deleting Section 9.08 (other than the heading) and substituting "Not
23          used.";
24   (43)   inserting after Section 9.08 the following new Sections:
25          "SECTION 9.09 COMPLIANCE WITH LAWS RELATING TO
26                        NATIVE TITLE
27          The provisions of this Section shall not operate so as to require the State
28          to grant or vary, or cause to be granted or varied, any lease, licence or
29          other right or title until all processes necessary under laws relating to
30          native title to enable that grant or variation to proceed, have been
31          completed.




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1              SECTION 9.10       EXEMPTION FROM EXPENDITURE CONDITIONS
2              The State shall ensure that during the currency of this Agreement and
3              subject to compliance with its obligations hereunder the Joint Venturers
4              shall not be required to comply with the expenditure conditions
5              imposed by or under the Mining Act 1978 in regard to the Mining
6              Lease.
7              "SECTION 9.11       MINING        LEASE        REPORTS  AND
8              INFORMATION The Joint Venturers shall lodge with or provide to
9              the Department in respect of the Mining Lease:
10             (a)   such periodical reports and returns as may be prescribed or
11                   otherwise usually required (including by the imposition of
12                   conditions or other requirements) in respect of a mining lease
13                   under or pursuant to the Mining Act 1978 or the regulations made
14                   thereunder, unless the Minister for Mines allows otherwise;
15             (b)   if requested by the Department but not more frequently than
16                   annually, a report on identified mineral resources and/or iron ore
17                   reserves within the Mining Lease (prepared in accordance with
18                   The JORC Code) together with a list of any geological,
19                   geochemical, geophysical, geotechnical and metallurgical
20                   activities carried out during the year and, if requested by the
21                   Department, the Joint Venturers will provide details and results
22                   of any of those activities in a mineral exploration report or other
23                   technical report, in accordance with statutory guidelines on
24                   reporting as specified under the Mining Act 1978;
25             (c)   reports on drilling operations and drill holes where the main
26                   purposes of the drilling was to discover or define future mineral
27                   resources and ore reserves within the Mining Lease and, if
28                   requested by the Department, reports on drilling done within
29                   blocks of proven ore for the purpose of mine planning; and
30             (d)   notification to the Department of any intention to destroy or
31                   dispose of drill cores obtained from the Mining Lease and, if
32                   requested by the Department, such drill cores.
33             SECTION 9.12       CONTINUED EXPLORATION
34             (a)   The Joint Venturers shall progressively explore and carry out
35                   reasonable geological investigations to delineate the Inferred
36                   Mineral Resource (as defined in The JORC Code) of iron ore
37                   within the Mining Lease to support timely development of that

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                                                                              s. 9


1               resource and provide notice to the Department each anniversary
2               of the grant of the Mining Lease of their proposed exploration
3               works programme for that reporting year and the exploration
4               works undertaken during the preceding reporting year as part of
5               a report lodged under Section 9.11.
6         (b)   In considering each application by the Joint Venturers for the
7               renewal of the term of the Mining Lease, the Minister for Mines
8               shall consult with the Minister and have regard to the Joint
9               Venturers' compliance with paragraph (a) in respect of the
10              Mining Lease and the results of the geological investigations
11              carried out on it.
12        (c)   (i)    Without limiting paragraph (f) of Section 9.01 or Clause
13                     XXVI, at the time of considering each application by the
14                     Joint Venturers for the renewal of the term of the Mining
15                     Lease, the Minister for Mines may, taking into account the
16                     types of circumstances where an exemption from
17                     compliance with expenditure conditions would ordinarily
18                     be granted under the Mining Act 1978 and any other
19                     relevant matters (including any prior concerns notified by
20                     the Minister for Mines and the Department in relation to
21                     the Joint Venturers' compliance with paragraph (a) in
22                     respect of the Mining Lease) and after consulting the Joint
23                     Venturers and with the concurrence of the Minister,
24                     determine that the Joint Venturers have not complied with
25                     their obligation under paragraph (a) in respect of an area
26                     or areas and have not provided reasonable explanation in
27                     that regard, in which case, subject to the matter being
28                     referred to arbitration by the Joint Venturers under
29                     Section 32.01 and the award in the matter being adjudged
30                     in favour of the Joint Venturers, the Joint Venturers shall
31                     within two (2) months of being notified of that
32                     determination provide the Minister for Mines with an
33                     exploration programme in respect of the area or areas
34                     identified in the notice for approval by the Minister for
35                     Mines and implementation by the Joint Venturers.
36              (ii)   If the Joint Venturers fail to:
37                     (A)   provide an exploration programme to the Minister
38                           for Mines or to have the programme approved; or


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     s. 9


1                          (B)    implement the approved exploration programme to
2                                 the reasonable satisfaction of the Minister for Mines
3                                 (acting with the concurrence of the Minister),
4                          the Minister for Mines shall notify the Joint Venturers and,
5                          subject to the matter being referred to arbitration and the
6                          award being adjudged in favour of the Joint Venturers, on
7                          the date one (1) month after such notification or the date
8                          of an award in favour of the Minister for Mines the area or
9                          areas identified in the notice or by the award (as the case
10                         may be) will be deemed surrendered from the Mining
11                         Lease and exempted from mining under section 19 of the
12                         Mining Act 1978 pending the Minister for Mines
13                         determining how and when to deal with the exempted land
14                         pursuant to that section.
15             SECTION 9.13        MRF ACT              On and from the variation
16             date, the right of occupancy, the Mining Lease and any other mining
17             tenements granted pursuant to this Agreement shall be deemed to be a
18             mining authorisation for the purposes of the MRF Act and the
19             regulations made under that Act. For the avoidance of doubt, the
20             mining tenements referred to in Section 3.10 continue to be mining
21             authorisations for the purposes of the MRF Act notwithstanding their
22             dedication to the Agreement.
23             SECTION 9AA.01 OTHER MINING TENEMENTS
24             (a)   Notwithstanding anything contained or implied in this
25                   Agreement or in the Mining Lease or the Mining Act 1978,
26                   mining tenements may subject to the provisions of this Section
27                   be granted to or registered in favour of persons other than the
28                   Joint Venturers under the Mining Act 1978 in respect of the areas
29                   the subject of the Mining Lease unless the Minister for Mines
30                   determines that such grant or registration is likely unduly to
31                   prejudice or interfere with the current or prospective operations
32                   of the Joint Venturers hereunder with respect to iron ore,
33                   assuming the taking by the Joint Venturers of reasonable steps to
34                   avoid the prejudice or interference, or is likely unduly to reduce
35                   the quantity of economically extractable iron ore available to the
36                   Joint Venturers.




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                                                                                 s. 9


1         (b)   A mining tenement granted or registered as a result of this
2               Section shall not confer any right to mine or otherwise obtain
3               rights to iron ore on the tenement.
4         (c)   (i)     In respect of any application for a mining tenement made
5                       under the Mining Act 1978 in respect of an area the subject
6                       of the Mining Lease the Minister for Mines shall consult
7                       with the Minister and the Joint Venturers with respect to
8                       the significance of iron ore deposits in, on or under the
9                       land the subject of the application and any effect the grant
10                      of a mining tenement pursuant to such application might
11                      have on the current or prospective iron ore operations of
12                      the Joint Venturers under this Agreement.
13              (ii)    Where the Minister for Mines, after taking into account
14                      any matters raised by the Minister or the Joint Venturers
15                      determines that the grant or registration of the application
16                      is likely to have the effect on the operations of the Joint
17                      Venturers or the iron ore referred to in paragraph (a) of this
18                      Section, he shall notwithstanding any recommendation of
19                      any mining registrar or warden, by notice served on the
20                      mining registrar with whom the application was lodged,
21                      refuse the application.
22              (iii)   Before making a determination pursuant to
23                      subparagraph (ii) of this paragraph (c) the Minister for
24                      Mines may request the warden of the mineral field or
25                      district thereof in which is situated the mining tenement
26                      for which the application was made to hear the application
27                      and any objections thereto and as soon as practicable after
28                      the hearing of the application to report to the Minister for
29                      Mines on the application and the objections and the effect
30                      on the current or prospective operations of the Joint
31                      Venturers or the quantity of economically extractable iron
32                      ore that a grant of the application might have.
33        (d)   (i)     Except as provided in paragraph (c) of this Section no
34                      mining registrar shall deal with an application for a mining
35                      tenement in respect of an area the subject of the Mining
36                      Lease unless and until the Minister for Mines has notified
37                      them that it is not intended to refuse the application
38                      pursuant to paragraph (c) of this Section. Following such


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     s. 9


1                            advice to the mining registrar the application shall be
2                            disposed of under and in accordance with the Mining
3                            Act 1978 save that where the warden has heard the
4                            application and objections thereto pursuant to
5                            subparagraph (iii) of paragraph (c) of this Section, the
6                            application may be dealt with by the warden without
7                            further hearing.
8                    (ii)    The Joint Venturers may exercise in respect of any
9                            application for a mining tenement lodged with a mining
10                           registrar any right that it may have under the Mining
11                           Act 1978 to object to the granting of the application.
12                   (iii)   Any mining tenement granted pursuant to such application
13                           shall, in addition to any covenants and conditions that may
14                           be prescribed or imposed, be granted subject to such
15                           conditions as the Minister for Mines may determine
16                           having regard to the matters the subject of the
17                           consultations with the Minister and the Joint Venturers
18                           pursuant to subparagraph (i) of paragraph (c) of this
19                           Section and any matters raised by the Joint Venturers
20                           before the warden pursuant to subparagraph (iii) of
21                           paragraph (c) of this Section or to subparagraph (ii) of this
22                           paragraph (d).
23             (e)   (i)     On the grant of any mining tenement pursuant to an
24                           application to which this Section applies the land the
25                           subject thereof shall thereupon be deemed excised from
26                           the Mining Lease (with abatement of future rent in respect
27                           of the area excised but without any abatement of rent
28                           already paid or of rent which has become due and has not
29                           been paid in advance).
30                   (ii)    On the expiration or sooner determination of any such
31                           mining tenement or, if that tenement is a prospecting
32                           licence, exploration licence or retention licence and a
33                           substitute tenement is granted in respect thereof pursuant
34                           to an application made under section 49 or section 67 or
35                           section 70L of the Mining Act 1978, then on the expiration
36                           or sooner determination of the substitute title the land the
37                           subject of such mining tenement or substitute title as the
38                           case may be shall thereupon be deemed to be part of the


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                                                                              s. 9


1                      land in the Mining Lease (with appropriate adjustment of
2                      rental) and unless the Minister otherwise directs shall be
3                      subject to the terms and conditions of the Mining Lease
4                      and this Agreement.
5          SECTION 9AB.01       MINE CLOSURE PLANNING
6         (a)   The Joint Venturers shall, not later than twelve (12) months after
7               the approval of proposals under Clause VI or Clause VIA
8               (whichever is earlier), lodge with the State a mine closure plan
9               for, subject to the EP Act, approval by the Minister for Mines
10              (acting with the concurrence of the Minister) and on provision of
11              such approval:
12              (i)    the mine closure plan shall be deemed to be a mine closure
13                     plan within the meaning given to that term in the Mining
14                     Act 1978 that, subject to this Section, is to be reviewed,
15                     amended and implemented in accordance with that Act;
16              (ii)   the Mining Lease shall be deemed to be subject to:
17                     (A)   a condition that the holder of the Mining Lease must
18                           review the mine closure plan and obtain approval
19                           for the reviewed mine closure plan in accordance
20                           with this Section; and
21                     (B)   a condition that the holder of the Mining Lease must
22                           decommission all mines (within the meaning given
23                           to that term in the Mining Act 1978) from time to
24                           time within the area of, and rehabilitate the land
25                           within, the Mining Lease in accordance with the
26                           approved mine closure plan from time to time.
27        (b)   The Joint Venturers shall ensure that the mine closure plan
28              referred to in paragraph (a) of this Section is reviewed at the
29              times that a mine closure plan under the Mining Act 1978 is
30              required by that Act to be reviewed and otherwise at the times
31              determined from time to time by the Minister for Mines (acting
32              with the concurrence of the Minister).
33        (c)   The Joint Venturers shall ensure that a reviewed mine closure
34              plan is within the applicable times under paragraph (b) of this
35              Section lodged with the State for approval, subject to the EP Act,


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     s. 9


1                    by the Minister for Mines (acting with the concurrence of the
2                    Minister).
3              (d)   The Minister for Mines (acting with the concurrence of the
4                    Minister) may approve the mine closure plan or a reviewed mine
5                    closure plan as lodged or subject to such changes as required by
6                    the Minister for Mines (acting with the concurrence of the
7                    Minister). If the Joint Venturers are unwilling to accept the
8                    changes required to be made, they shall notify the Minister to that
9                    effect and either party may refer to arbitration hereunder the
10                   question of the reasonableness of the changes and the effect of an
11                   award made on arbitration shall be that the mine closure plan or
12                   reviewed mine closure plan (as the case may be) lodged by the
13                   Joint Venturers shall, with such changes as required by the
14                   Minister for Mines (acting with the concurrence of the Minister)
15                   as the arbitrator determines to be reasonable (with or without
16                   modification by the arbitrator) be deemed to be the plan approved
17                   by the Minister for Mines (acting with the concurrence of the
18                   Minister) under this Section.
19             (e)   Without limiting the Mining Act 1978, the Joint Venturers shall
20                   implement the mine closure plan or reviewed mine closure plan
21                   approved or deemed to be approved from time to time under
22                   paragraph (d) of this Section.
23             (f)   Without limiting the Mining Act 1978, the obligations set out in
24                   paragraph (e) of this Section shall survive the cessation or
25                   determination of this Agreement and the expiry or surrender of
26                   the Mining Lease, in which case the Joint Venturers may enter
27                   and re-enter the land that was the subject of the Mining Lease
28                   with such agents, employees, vehicles, machinery and equipment
29                   as may be necessary for the purpose of implementing the relevant
30                   mine closure plan and complying with the relevant conditions.
31             SECTION 9A.01         ADDITIONAL AREAS
32             (a)   Notwithstanding the provisions of the Mining Act 1978 the Joint
33                   Venturers may from time to time during the currency of this
34                   Agreement apply to the Minister for areas held by the Joint
35                   Venturers or an associated company under a mining tenement
36                   granted under the Mining Act 1978 to be included in the Mining
37                   Lease but so that the total area of the Mining Lease, any land that
38                   may be included in the Mining Lease pursuant to this Agreement

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                                                                               s. 9


1               and of any other mining lease granted under or pursuant to this
2               Agreement (as aggregated) shall not at any time exceed one
3               thousand, one hundred and sixty-seven (1,167) square
4               kilometres. The Minister shall confer with the Minister for
5               Mines in regard to any such application and if they approve the
6               application the Minister for Mines shall upon the surrender of the
7               relevant mining tenement include the area the subject thereof in
8               the relevant Mining Lease by endorsement subject to such of the
9               conditions of the surrendered mining tenement as the Minister
10              for Mines determines but otherwise subject to the same terms
11              covenants and conditions as apply to the Mining Lease (with such
12              apportionment of rents as is necessary) and notwithstanding that
13              the survey of such additional land has not been completed but
14              subject to correction to accord with the survey when completed
15              at the Joint Venturers' expense.
16        (b)   The Minister may approve, upon application by the Joint
17              Venturers from time to time, for the total area referred to in
18              paragraph (a) to be increased up to a limit not exceeding one
19              thousand five hundred (1,500) square kilometres.
20        (c)   The Joint Venturers shall not mine or carry out other activities
21              (other than exploration, bulk sampling and testing) on any area
22              or areas added to the Mining Lease pursuant to paragraph (a) of
23              this Section unless and until proposals with respect thereto are
24              approved or determined as contemplated by paragraph (d) of this
25              Section.
26        (d)   If the Joint Venturers desire to commence mining of iron ore or
27              to carry out any other activities (other than as aforesaid) on the
28              said areas they shall give notice of such desire to the Minister and
29              shall within two (2) months of the date of such notice (or
30              thereafter within such extended time as the Minister may allow
31              as hereinafter provided) and subject to the provisions of this
32              Agreement submit to the Minister to the fullest extent reasonably
33              practicable their detailed proposals (which proposals shall
34              include plans where practicable and specifications where
35              reasonably required by the Minister) with respect to such mining
36              or other activities as additional proposals pursuant to
37              Section 7.01.



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                    amended

     s. 9


1              SECTION 9A.02           BLENDING OF IRON ORE
2              (a)   The Joint Venturers may blend iron ore mined from the Mining
3                    Lease with any:
4                    (i)     iron ore mined from a mining tenement or other mining
5                            title granted under, or pursuant to, an Integration
6                            Agreement; or
7                    (ii)    iron ore mined from a Mining Act 1978 mining lease
8                            located in, or proximate to, the Pilbara region of the said
9                            State which is held by a Related Entity alone or with a third
10                           party or parties (excluding any mining lease granted
11                           pursuant to, or held under, a Government agreement); or
12                   (iii)   with the prior approval of the Minister, iron ore mined in,
13                           or proximate to, the Pilbara region of the said State under
14                           a Government agreement (excluding an Integration
15                           Agreement); or
16                   (iv)    with the prior approval of the Minister, iron ore mined by
17                           a third party from a Mining Act 1978 mining lease located
18                           in, or proximate to, the Pilbara region of the said State
19                           (excluding under a Government agreement) which has
20                           been purchased by an Integration Proponent from the third
21                           party.
22             (b)   The authority given under paragraph (a) is subject to the Minister
23                   being reasonably satisfied that there are in place adequate
24                   systems and controls for the correct apportionment of the
25                   quantities of iron ore being blended as between each of the
26                   sources referred to in paragraph (a), which systems and controls
27                   monitor production, processing, transportation, stockpiling and
28                   shipping of all such iron ore. If at any time the Minister ceases
29                   to be so satisfied he may, after consulting the Joint Venturers and
30                   provided the Joint Venturers have not within three (3) months
31                   after the commencement of such consultation addressed the
32                   matters of concern to the Minister to his satisfaction, by notice in
33                   writing to the Joint Venturers suspend the above authority in
34                   respect of the relevant blending arrangements until he is again
35                   satisfied in terms of this paragraph (b).



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                                                                               s. 9


1         (c)   If any blending of iron ore occurs as contemplated by this
2               Section, then for the purposes of Sections 21.01 and 21.03, a
3               portion of the iron ore so blended being equal to the proportion
4               that the amount of iron ore from the Mining Lease used in the
5               admixture of iron ore bears to the total amount of iron ore so
6               blended, shall be deemed to be produced from the Mining Lease.
7         SECTION 9A.03         INTEGRATED    USE    OF     WORKS
8                               INSTALLATIONS OR FACILITIES UNDER
9                               THE INTEGRATION AGREEMENTS
10        (a)   Subject to paragraphs (b) to (g) of this Section and to the other
11              provisions of this Agreement, the Joint Venturers may during the
12              continuance of this Agreement:
13              (i)   use any existing or new works installations or facilities
14                    constructed or held:
15                    (A)    under this Agreement; or
16                    (B)    under any other Integration Agreement which are
17                           made available for such use and during the
18                           continuance of such Integration Agreement; or
19                    (C)    with the approval of the Minister, under a
20                           Government agreement (excluding an Integration
21                           Agreement) which are made available for such use
22                           and during the continuance of that agreement,
23                    (wholly or in part) in the activities of the Joint Venturers
24                    carried on by them pursuant to this Agreement including,
25                    without limitation, as part of those activities, transporting
26                    by railway and shipping from a loading port and
27                    undertaking any ancillary and incidental activities in doing
28                    so (including, without limitation, blending permitted by
29                    Section 9A.02) of:
30                    (aa)   iron ore mined from a Mining Act 1978 mining
31                           lease located in, or proximate to, the Pilbara region
32                           of the said State which is held by a Related Entity
33                           alone or with a third party or parties (excluding any
34                           mining lease granted pursuant to, or held under, a
35                           Government agreement);


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1                         (ab) with the prior approval of the Minister, iron ore
2                              mined in, or proximate to, the Pilbara region of the
3                              said State under a Government agreement
4                              (excluding an Integration Agreement);
5                         (ac)   with the prior approval of the Minister, iron ore
6                                mined by a third party from a Mining Act 1978
7                                mining lease located in, or proximate to, the Pilbara
8                                region of the said State (excluding under a
9                                Government agreement) which has been purchased
10                               by the Joint Venturers from the third party;
11                        (ad) iron ore mined under an Integration Agreement;
12                 (ii)   make any existing or new works installations or facilities
13                        constructed or held under this Agreement available for use
14                        (wholly or partly) by another Integration Proponent during
15                        the continuance of its Integration Agreement in the
16                        activities of that Integration Proponent carried on by it
17                        pursuant to its Integration Agreement including, without
18                        limitation, as part of those activities, transporting by
19                        railway and shipping from a loading port and undertaking
20                        any ancillary and incidental activities in doing so
21                        (including, without limitation, blending permitted by that
22                        Integration Agreement) of:
23                        (A)    iron ore mined from a Mining Act 1978 mining
24                               lease located in, or proximate to, the Pilbara region
25                               of the said State which is held by a Related Entity
26                               alone or with a third party or parties (excluding any
27                               mining lease granted pursuant to, or held under, a
28                               Government agreement);
29                        (B)    with the prior approval of the Minister (as defined
30                               in that Integration Agreement), iron ore mined in, or
31                               proximate to, the Pilbara region of the said State
32                               under a Government agreement (excluding an
33                               Integration Agreement);
34                        (C)    with prior approval of the Minister (as defined in
35                               that Integration Agreement), iron ore mined by a
36                               third party from a Mining Act 1978 mining lease
37                               located in, or proximate to, the Pilbara region of the

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                                                                                 s. 9


1                             said State (excluding under a Government
2                             agreement) which has been purchased by that
3                             Integration Proponent from the third party;
4                       (D)   iron ore mined under an Integration Agreement;
5               (iii)   make any existing or new works installations or
6                       facilities constructed or held under this Agreement
7                       available for use (wholly or partly) in connection with
8                       operations under:
9                       (A)   a Mining Act 1978 mining lease located in, or
10                            proximate to, the Pilbara region of the said State, for
11                            iron ore, which is held by a Related Entity alone or
12                            with a third party or parties (excluding any mining
13                            lease granted pursuant to, or held under a
14                            Government agreement); or
15                      (B)   with the approval of the Minister, a Government
16                            agreement (other than an Integration Agreement)
17                            for the mining of iron ore in, or proximate to, the
18                            Pilbara region of the said State;
19              (iv)    subject to paragraph (b) under this Agreement and for the
20                      purpose of any use or making available for use referred to
21                      in subparagraph (i), (ii) or (iii) connect any existing or new
22                      works installations or facilities constructed or held under
23                      this Agreement to any existing or new works installations
24                      or facilities constructed or held under another Integration
25                      Agreement;
26              (v)     subject to paragraph (b) under this Agreement and for the
27                      purpose of any use or making available for use referred to
28                      in subparagraph (i), (ii) or (iii) or making of any
29                      connection referred to in subparagraph (iv) construct new
30                      works installations or facilities and expand modify or
31                      otherwise vary any existing and new works installations or
32                      facilities constructed or held under this Agreement;
33              (vi)    allow a railway or rail spur line (not being a railway or rail
34                      spur line constructed or held under an Integration
35                      Agreement) to be connected to a railway or rail spur line
36                      or other works installations or facilities constructed or held

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1                           under this Agreement for the delivery of iron ore to an
2                           Integration Proponent for transport by railway and
3                           shipping from a loading port (together with any ancillary
4                           and incidental activities in doing so) as part of its activities
5                           under its Integration Agreement; and
6                    (vii) allow an electricity transmission line (not being an
7                          electricity transmission line constructed or held under an
8                          Integration Agreement) to be connected to an electricity
9                          transmission line constructed or held under this
10                         Agreement for the supply of electricity permitted to be
11                         made under an Integration Agreement.
12             (b)   (i)    A connection referred to in paragraph (a)(iv) or
13                          construction, expansion, modification or other variation
14                          referred to in paragraph (a)(v) by the Joint Venturers shall,
15                          to the extent not already authorised under this Agreement
16                          as at the variation date, be regarded as a significant
17                          modification expansion or other variation of the Joint
18                          Venturers' activities carried on by them pursuant to this
19                          Agreement and may only be made in accordance with
20                          proposals submitted and approved or determined under
21                          this Agreement in accordance with Sections 7.01 and 7.02
22                          or Section 9A.05 as the case may require and otherwise in
23                          compliance with the provisions of this Agreement and the
24                          laws from time to time of the said State. For the avoidance
25                          of doubt, the parties acknowledge that any use or making
26                          available for use contemplated by paragraph (a)(i), (a)(ii)
27                          or (a)(iii) shall not otherwise than as required by this
28                          paragraph (a) require the submission and approval of
29                          further proposals under this Agreement.
30                   (ii)   The Joint Venturers shall not be entitled to:
31                          (A)    submit proposals to construct or to develop a port;
32                                 or
33                          (B)    generate and supply power, take and supply water
34                                 or dispose of water otherwise than in accordance
35                                 with the other Sections of this Agreement and
36                                 subject to any restrictions contained in those
37                                 Sections; or


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1                     (C)   without limiting subparagraphs (ii)(A) and (ii)(B)
2                           submit proposals to construct or establish works
3                           installations or facilities of a type, or to make
4                           expansions, modifications or other variations of
5                           works installations or facilities of a type, which in
6                           the Minister's reasonable opinion this Agreement,
7                           immediately before the variation date, did not
8                           permit or contemplate the Joint Venturers
9                           constructing, establishing or making as the case may
10                          be otherwise than for integration use as
11                          contemplated by paragraphs (a)(i), (a)(ii) or (a)(iii)
12                          or as permitted by Section 9A.05; or
13                    (D)   submit proposals to make a connection as referred
14                          to in paragraph (a)(iv) or a construction, expansion,
15                          modification or other variation as referred to in
16                          paragraph (a)(v) otherwise than on tenure granted
17                          under or pursuant to this Agreement from time to
18                          time or held pursuant to this Agreement from time
19                          to time; or
20                    (E)   submit proposals to make a connection referred to
21                          in paragraph (a)(iv), or a construction, expansion,
22                          modification or other variation as referred to in
23                          paragraph (v) for the purpose of use as
24                          contemplated by paragraph (a)(iii)(A), if in the
25                          reasonable opinion of the Minister the activity
26                          which is the subject of the proposals would give to
27                          the holder or holders of the relevant Mining
28                          Act 1978 mining lease the benefit of rights or
29                          powers granted to the Joint Venturers under this
30                          Agreement, over and above the right of access to
31                          and use of the relevant works, installations or
32                          facilities; or
33                    (F)   submit proposals to make a connection as referred
34                          to in paragraph (a)(iv) or a construction, expansion,
35                          modification or other variation as referred to in
36                          paragraph (a)(v) for the purpose of use as
37                          contemplated by paragraph (a)(iii) and involving



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1                                  the grant of tenure without the prior approval of the
2                                  Minister; or
3                            (G)   submit proposals to assign, sublet, transfer or
4                                  dispose of any works installations or facilities
5                                  constructed or held under this Agreement or any
6                                  leases, licences, easements or other titles under or
7                                  pursuant to this Agreement for any purpose referred
8                                  to in this Section.
9                    (iii)   Notwithstanding the provisions of Sections 7.02 and
10                           9A.05, the Minister may defer consideration of, or a
11                           decision upon, a proposal submitted by the Joint Venturers
12                           for a connection as referred to in paragraph (a)(iv) or a
13                           construction, expansion, modification or other variation as
14                           referred to in paragraph (a)(v) for the purpose of use or
15                           making available for use as referred to in paragraphs(a)(i)
16                           or (a)(ii) until relevant corresponding proposals under the
17                           relevant Integration Agreement have been submitted and
18                           those proposals can be approved under that Integration
19                           Agreement concurrently with the Minister's approval
20                           under this Agreement of the Joint Venturers' proposal.
21             (c)   Any use or making available for use as referred to in
22                   paragraph (a), or submission of proposals as referred to in
23                   paragraph (b), in respect of a Related Entity shall be subject to
24                   the Joint Venturers first confirming with the Minister that the
25                   Minister is satisfied that the relevant company is a Related Entity.
26             (d)   The Joint Venturers shall give the Minister prior written notice
27                   of any significant change (other than a temporary one for
28                   maintenance or to respond to an emergency) proposed in their
29                   use, or in them making available for use, works, installations or
30                   facilities as referred to in this Section:
31                   (i)     from that authorised under this Agreement immediately
32                           before the variation date; and
33                   (ii)    subsequently from that previously notified to the Minister
34                           under this paragraph,
35                   as soon as practicable before such change occurs.



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1               The Joint Venturers shall also keep the Minister fully informed
2               with respect to any proposed connection as referred to in
3               paragraph (a)(vi) or (a)(vii) or request of them for such
4               connection to be allowed.
5         (e)   Nothing in this Agreement shall be construed to:
6               (i)     exempt another Integration Proponent from complying
7                       with, or the application of, the provisions of its Integration
8                       Agreement; or
9               (ii)    restrict the Joint Venturers' rights under Section 25.04.
10              For the avoidance of doubt the approval of proposals under this
11              Agreement shall not be construed as authorising another
12              Integration Proponent to undertake any activities under this
13              Agreement or under another Integration Agreement.
14        (f)   Nothing in this Section shall be construed to exempt the Joint
15              Venturers from complying with, or the application of, the other
16              provisions of this Agreement including, without limitation,
17              Section 25.04 and of relevant laws from time to time of the said
18              State.
19        (g)   For the purpose of this Section "works installations or facilities"
20              means any:
21              (i)     harbour or port works installations or facilities including,
22                      without limitation, stockpiles, reclaimers, conveyors and
23                      wharves;
24              (ii)    railway or rail spur lines;
25              (iii)   track structures and systems associated with the operation
26                      and maintenance of a railway including, without
27                      limitation, sidings, train control and signalling systems,
28                      maintenance workshops and terminal yards;
29              (iv)    train loading and unloading works installations or
30                      facilities;
31              (v)     conveyors;
32              (vi)    private roads;
33              (vii) mine aerodrome and associated aerodrome works
34                    installations and facilities;

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1                    (viii) iron ore mining, crushing, screening, beneficiation or other
2                           processing works installations or facilities;
3                    (ix)    mine administration buildings including, without
4                            limitation, offices, workshops and medical facilities;
5                    (x)     borrow pits;
6                    (xi)    accommodation and ancillary facilities including, without
7                            limitation, construction camps and in townsites
8                            constructed pursuant to and held under any Integration
9                            Agreement;
10                   (xii) water, sewerage, electricity, gas and telecommunications
11                         works installations and facilities including, without
12                         limitation, pipelines, transmission lines and cables; and
13                   (xiii) any other works installations or facilities approved of by
14                          the Minister for the purpose of this Section.
15             SECTION 9A.04          TRANSFER OF RIGHTS TO SHARED
16                                    WORKS INSTALLATIONS OR FACILITIES
17             (a)   For the purposes of this Section "Relevant Infrastructure" means
18                   any works installations or facilities (as defined in
19                   Section 9A.03):
20                   (i)     constructed or held under another Integration Agreement;
21                   (ii)    which the Joint Venturers are using in their activities
22                           pursuant to this Agreement;
23                   (iii)   which the Minister is satisfied (after consulting with the
24                           Joint Venturers and the Integration Proponent for that
25                           other Integration Agreement):
26                           (A)   are no longer required by that other Integration
27                                 Proponent to carry on its activities pursuant to its
28                                 Integration Agreement because of the cessation of
29                                 the Integration Proponent's mining operations in
30                                 respect of which such Relevant Infrastructure was
31                                 constructed or held or because of any other reason
32                                 acceptable to the Minister; and




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1                      (B)   are required by the Joint Venturers to continue to
2                            carry on their activities pursuant to this Agreement;
3                            and
4               (iv)   in respect of which that other Integration Proponent has
5                      notified the Minister it consents to the Joint Venturers
6                      submitting proposals as referred to in paragraph (b).
7         (b)   The Joint Venturers may as an additional proposal pursuant to
8               Section 7.01 propose:
9               (i)    that they be granted a lease licence or other title over the
10                     Relevant Infrastructure pursuant to this Agreement subject
11                     to and conditional upon the other Integration Proponent
12                     surrendering wholly or in part (and upon such terms as the
13                     Minister considers reasonable including any variation of
14                     terms to address environmental issues) its lease licence or
15                     other title over the Relevant Infrastructure; or
16              (ii)   that the other Integration Proponent's lease licence or other
17                     title (not being a mineral lease, mining lease or other right
18                     to mine title granted under a Government agreement, the
19                     Mining Act or the Mining Act 1978) to the Relevant
20                     Infrastructure be transferred to this Agreement (to be held
21                     by the Joint Venturers pursuant to this Agreement) with
22                     such surrender of land from it and variations of its terms
23                     as the Minister considers reasonable for that title to be held
24                     under this Agreement including, without limitation, to
25                     address environmental issues and outstanding obligations
26                     of that other Integration Proponent under its Integration
27                     Agreement in respect of that Relevant Infrastructure.
28              The provisions of Section 7.02 shall mutatis mutandis apply to
29              any such additional proposal. In addition the Joint Venturers
30              acknowledge that the Minister may require variations of the other
31              Integration Agreement and/or proposals under it or of this
32              Agreement in order to give effect to the matters contemplated by
33              this Section.
34        (c)   This Section shall cease to apply in the event the State gives any
35              notice of default to the Joint Venturers pursuant to Section 26.01
36              and while such notice remains unsatisfied.



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1              SECTION 9A.05          MISCELLANEOUS                LICENCES        FOR
2                                     RAILWAYS
3              (a)   In this Section subject to the context:
4                    "Additional Infrastructure" means:
5                    (i)     Train Loading Infrastructure;
6                    (ii)    Train Unloading Infrastructure;
7                    (iii)   a conveyor, train unloading and other infrastructure
8                            necessary for the transport of iron ore, freight goods or
9                            other products from the Railway (directly or indirectly) to
10                           port facilities within a loading port,
11                   in each case located outside a Port;
12                   "Lateral Access Roads"          has     the   meaning   given   in
13                   paragraph (c)(i)(D);
14                   "Lateral Access Road Licence" means a miscellaneous licence
15                   granted pursuant to paragraph (f)(i)(B) or paragraph (f)(ii) as the
16                   case may be and according to the requirements of the context
17                   describes the area of land from time to time the subject of that
18                   licence;
19                   "Port" means any port the subject of the Port Authorities
20                   Act 1999 (WA) or the Shipping and Pilotage Act 1967 (WA);
21                   "Private Roads" means Lateral Access Roads and the Joint
22                   Venturers' access roads within a Railway Corridor;
23                   "Rail Safety Act" means the Rail Safety National Law (WA)
24                   Act 2015 (WA);
25                   "Railway" means a standard gauge heavy haul railway or railway
26                   spur line, located or to be located as the case may be in, or
27                   proximate to, the Pilbara region of the said State (but outside the
28                   boundaries of a Port) for the transport of iron ore, freight goods
29                   and other products together with all railway track, associated
30                   track structures including sidings, turning loops, over or under
31                   track structures, supports (including supports for equipment or
32                   items associated with the use of a railway) tunnels, bridges, train
33                   control systems, signalling systems, switch and other gear,
34                   communication systems, electric traction infrastructure,


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1               buildings (excluding office buildings, housing and freight
2               centres), workshops and associated plant, machinery and
3               equipment and including rolling stock maintenance facilities,
4               terminal yards, depots, culverts and weigh bridges which railway
5               is or is to be (as the case may be) the subject of approved
6               proposals under paragraph (d) and includes any expansion or
7               extension thereof outside a Port which is the subject of additional
8               proposals approved in accordance with paragraph (e);
9               "Railway Corridor" means, prior to the grant of a Special
10              Railway Licence, the land for the route of the Railway the subject
11              of that licence, access roads (other than Lateral Access Roads),
12              areas from which stone, sand, clay and gravel may be taken,
13              temporary accommodation facilities for the railway workforce,
14              water bores and Additional Infrastructure (if any) which is the
15              subject of a subsisting agreement pursuant to paragraph (c)(i) and
16              after the grant of the Special Railway Licence the land from time
17              to time the subject of that Special Railway Licence;
18              "Railway Operation" means the construction and operation under
19              this Agreement of the relevant Railway and associated access
20              roads and Additional Infrastructure (if any) within the relevant
21              Railway Corridor and of the associated Lateral Access Roads, in
22              accordance with approved proposals;
23              "Railway spur line" means a standard gauge heavy haul railway
24              spur line located or to be located in, or proximate to, the Pilbara
25              region of the said State (but outside a Port) connecting to a
26              Railway for the transport of iron ore, freight goods and other
27              products upon the Railway to (directly or indirectly) a loading
28              port;
29              "Railway Operation Date" means the date of the first carriage of
30              iron ore, freight goods or other products over the relevant
31              Railway (other than for construction or commissioning
32              purposes);
33              "Railway spur line Operation Date" means the date of the first
34              carriage of iron ore, freight goods or other products over the
35              relevant Railway spur line (other than for construction or
36              commissioning purposes);



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1                    "Special Railway Licence" means the relevant miscellaneous
2                    licence for railway and, if applicable, other purposes, granted to
3                    the Joint Venturers pursuant to paragraph (f)(i)(A) as varied in
4                    accordance with paragraph (f)(viii) or paragraph (f)(ix) and
5                    according to the requirements of the context describes the area of
6                    land from time to time the subject of that licence;
7                    "Train Loading Infrastructure" means conveyors, stockpile areas,
8                    blending and screening facilities, stackers, re-claimers and other
9                    infrastructure reasonably required for the loading of iron ore,
10                   freight goods or other products onto the relevant Railway for
11                   transport (directly or indirectly) to a loading port; and
12                   "Train Unloading Infrastructure" means train unloading
13                   infrastructure reasonably required for the unloading of iron ore
14                   from the Railway to be processed, or blended with other iron ore,
15                   at processing or blending facilities in the vicinity of that train
16                   unloading infrastructure and with the resulting iron ore products
17                   then loaded on to the Railway for transport (directly or indirectly)
18                   to a loading port.
19             Joint Venturers to obtain prior Ministerial in-principle approval
20             (b)   (i)     If the Joint Venturers wish, from time to time during the
21                           continuance of this Agreement, to proceed under this
22                           Section with a plan to develop a Railway they shall give
23                           notice thereof to the Minister and furnish to the Minister
24                           with that notice an outline of their plan.
25                   (ii)    The Minister shall within one (1) month of a notice under
26                           subparagraph (i) advise the Joint Venturers whether or not
27                           he approves in-principle the proposed plan. The Minister
28                           shall afford the Joint Venturers full opportunity to consult
29                           with him in respect of any decision of the Minister under
30                           this subparagraph.
31                   (iii)   The Minister's in-principle approval in respect of a
32                           proposed plan shall lapse if the Joint Venturers have not
33                           submitted detailed proposals to the Minister in respect of
34                           that plan in accordance with this Section within eighteen
35                           (18) months of the Minister's in-principle approval.




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1         Railway Corridor
2         (c)   (i)   If the Minister gives in-principle approval to a plan of the
3                     Joint Venturers to develop a Railway they shall consult
4                     with the Minister to seek the agreement of the Minister as
5                     to:
6                     (A)    where the Railway will begin and end; and
7                     (B)    a route for the Railway, access roads to be within
8                            the Railway Corridor and the land required for that
9                            route as well as Additional Infrastructure (if any)
10                           including, without limitation, areas from which
11                           stone, sand, clay and gravel may be taken,
12                           temporary accommodation facilities for the railway
13                           workforce and water bores; and
14                    (C)    in respect of Additional Infrastructure (if any) the
15                           nature and capacity of such Additional
16                           Infrastructure; and
17                    (D)    the routes of, and the land required for, roads
18                           outside the Railway Corridor (and also outside a
19                           Port) for access to it to construct the Railway (such
20                           roads as agreed being "Lateral Access Roads").
21                    In seeking such agreement, regard shall be had to
22                    achieving a balance between engineering matters
23                    including costs, the nature and use of any lands concerned
24                    and interests therein and the costs of acquiring the land (all
25                    of which shall be borne by the Joint Venturers). The
26                    parties acknowledge the intention is for the Joint Venturers
27                    to construct the Railway, the access roads for the
28                    construction and maintenance of the Railway which are to
29                    be within the Railway Corridor and the relevant Additional
30                    Infrastructure (if any) along the centreline of the Railway
31                    Corridor subject to changes in that alignment to the extent
32                    necessary to avoid heritage, environmental or poor ground
33                    conditions that are not identified during preliminary
34                    investigation work, and recognise the width of the Railway
35                    Corridor may need to vary along its route to accommodate
36                    Additional Infrastructure (if any), access roads, areas from
37                    which stone, sand, clay and gravel may be taken,


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1                          temporary accommodation facilities for the railway
2                          workforce and water bores.            The provisions of
3                          Section 32.01 shall not apply to this paragraph (c).
4                  (ii)    If the date by which the Joint Venturers must submit
5                          detailed proposals under paragraph (d)(i) (as referred to in
6                          paragraph (b)(iii) is extended or varied by the Minister
7                          pursuant to Section 29.01, any agreement made pursuant
8                          to subparagraph (i) before such date is extended or varied
9                          shall unless the Minister notifies the Joint Venturers
10                         otherwise be deemed to be at an end and neither party shall
11                         have any claim against the other in respect of it.
12                 (iii)   The Joint Venturers acknowledges that they shall be
13                         responsible for liaising with every title holder in respect of
14                         the land affected and for obtaining in a form and substance
15                         acceptable to the Minister all unconditional and
16                         irrevocable consents of each such title holder to, and all
17                         statutory consents required in respect of the land affected
18                         for:
19                         (A)   the grant of the Special Railway Licence for the
20                               construction, operation and maintenance within the
21                               Railway Corridor of the Railway, access roads and
22                               Additional Infrastructure (if any) to be within the
23                               Railway Corridor; and
24                         (B)   the grant of Lateral Access Road Licences for the
25                               construction, use and maintenance of Lateral
26                               Access Roads over the routes for the Lateral Access
27                               Roads agreed pursuant to subparagraph (i); and
28                         (C)   the inclusion of additional land in the Special
29                               Railway Licence as referred to in paragraph (f)(viii)
30                               or paragraph (f)(ix),
31                         in accordance with this Section. For the purposes of this
32                         paragraph (c)(iii), "title holder" means a management
33                         body (as defined in the LAA) in respect of any part of the
34                         affected land, a person who holds a mining, petroleum or
35                         geothermal energy right (as defined in the LAA) in respect
36                         of any part of the affected land, a person who holds a lease
37                         or licence under the LAA in respect of any part of the


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1                     affected land, a person who holds any other title granted
2                     under or pursuant to a Government agreement in respect
3                     of any part of the affected land, a person who holds a lease
4                     or licence in respect of any part of the affected land under
5                     any other Act applying in the said State and a person in
6                     whom any part of the affected land is vested, immediately
7                     before the provision of such consents to the Minister as
8                     referred to in paragraph (d)(v)(B) (including as applying
9                     pursuant to paragraph (e)(iv)).
10        Joint Venturers to submit proposals for Railway
11        (d)   (i)   The Joint Venturers shall, subject to the EP Act, the
12                    provisions of this Agreement and agreement at that time
13                    subsisting in respect of the matters required to be agreed
14                    pursuant to paragraph (c)(i) submit to the Minister by the
15                    latest date applying under paragraph (b)(iii) to the fullest
16                    extent reasonably practicable their detailed proposals
17                    (including plans where practicable and specifications
18                    where reasonably required by the Minister and any other
19                    details normally required by a local government in whose
20                    area any works are to be situated) with respect to the
21                    undertaking of the relevant Railway Operation, which
22                    proposals shall include the location, area, layout, design,
23                    materials and time program for the commencement and
24                    completion of construction or the provision (as the case
25                    may be) of each of the following matters namely:
26                    (A)   the Railway including fencing (if any) and crossing
27                          places within the Railway Corridor;
28                    (B)   Additional Infrastructure (if any) within the
29                          Railway Corridor;
30                    (C)   temporary accommodation and ancillary temporary
31                          facilities for the railway workforce on, or in the
32                          vicinity of, the Railway Corridor and housing and
33                          other appropriate facilities elsewhere for the Joint
34                          Venturers workforce;
35                    (D)   water supply;
36                    (E)   energy supplies;


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1                          (F)   access roads within the Railway Corridor and
2                                Lateral Access Roads both along the routes for those
3                                roads agreed between the Minister and the Joint
4                                Venturers pursuant to paragraph (c)(i);
5                          (G)   any other works, services or facilities desired by the
6                                Joint Venturers; and
7                          (H)   use of local labour, professional services,
8                                manufacturers, suppliers contractors and materials
9                                and measures to be taken with respect to the
10                               engagement and training of employees by the Joint
11                               Venturers, its agents and contractors.
12                 (ii)    Proposals pursuant to subparagraph (i) must specify the
13                         matters agreed for the purpose pursuant to paragraph (c)(i)
14                         and must not be contrary to or inconsistent with such
15                         agreed matters.
16                 (iii)   Each of the proposals pursuant to subparagraph (i) may
17                         with the approval of the Minister, or must if so required by
18                         the Minister, be submitted separately and in any order as
19                         to the matter or matters mentioned in one or more of
20                         subparagraph (i)(A) to (H) and until all of its proposals
21                         under this subparagraph have been approved the Joint
22                         Venturers may withdraw and may resubmit any proposal
23                         but the withdrawal of any proposal shall not affect the
24                         obligations of the Joint Venturers to submit a proposal
25                         under this subparagraph in respect of the subject matter of
26                         the withdrawn proposal.
27                 (iv)    The Joint Venturers shall, whenever any of the following
28                         matters referred to in this subparagraph are proposed by
29                         the Joint Venturers (whether before or during the
30                         submission of proposals under this subparagraph), submit
31                         to the Minister details of any services (including any
32                         elements of the project investigations, design and
33                         management) and any works, materials, plant, equipment
34                         and supplies that they proposes to consider obtaining from
35                         or having carried out or permitting to be obtained from or
36                         carried out outside Australia, together with its reasons
37                         therefor and shall, if required by the Minister consult with
38                         the Minister with respect thereto.

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1               (v)    At the time when the Joint Venturers submit the last of the
2                      said proposals pursuant to this paragraph, they shall:
3                      (A)   furnish to the Minister's reasonable satisfaction
4                            evidence of all accreditations under the Rail Safety
5                            Act which are required to be held by the Joint
6                            Venturers or any other person for the construction
7                            of the Railway; and
8                      (B)   furnish to the Minister the written consents referred
9                            to in paragraphs(c)(iii)(A) and (c)(iii)(B).
10              (vi)   The provisions of Section 7.02 shall apply mutatis
11                     mutandis to detailed proposals submitted under this
12                     subparagraph.
13        Additional Railway Proposals
14        (e)   (i)    If the Joint Venturers at any time during the currency of a
15                     Special Railway Licence desire to construct a Railway
16                     spur line (connecting to the Railway the subject of that
17                     Special Railway Licence) or desire to significantly
18                     modify, expand or otherwise vary their activities within
19                     the land the subject of the Special Railway Licence that are
20                     the subject of this Agreement and that may be carried on
21                     by them pursuant to this Agreement (other than by the
22                     construction of a Railway spur line) beyond those
23                     activities specified in any approved proposals for that
24                     Railway, they shall give notice of such desire to the
25                     Minister and furnish to the Minister with that notice an
26                     outline of their proposals in respect thereto (including,
27                     without limitation, such matters mentioned in
28                     paragraph (d)(i) as are relevant or as the Minister
29                     otherwise requires).
30              (ii)   If the notice relates to a Railway spur line, or to the
31                     construction of Train Loading Infrastructure or Train
32                     Unloading Infrastructure on land outside the then Railway
33                     Corridor, the Minister shall within one (1) month of receipt
34                     of such notice advise the Joint Venturers whether or not he
35                     approves in-principle the proposed construction of such
36                     spur line, Train Loading Infrastructure or Train Unloading
37                     Infrastructure. If the Minister gives in-principle approval


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1                            the Joint Venturers may (but not otherwise) submit
2                            detailed proposals in respect thereof provided that the
3                            provisions of paragraph (c) shall mutatis mutandis apply
4                            prior to submission of detailed proposals in respect
5                            thereof.
6                    (iii)   Subject to the EP Act, the provisions of this Agreement
7                            and agreement at that time subsisting in respect of any
8                            matters required to be agreed pursuant to paragraph (c)(i)
9                            (as referred to in subparagraph (ii) above), the Joint
10                           Venturers shall submit to the Minister within a reasonable
11                           timeframe, as determined by the Minister after receipt of
12                           the notice referred to in subparagraph (i) (or in the case of
13                           a notice referred to in subparagraph (ii) the giving of the
14                           Minister's in principle consent as referred to in that
15                           paragraph), detailed proposals in respect of the proposed
16                           construction of such Railway spur line, Train Loading
17                           Infrastructure, Train Unloading Infrastructure or other
18                           proposed modification, expansion or variation of their
19                           activities including such of the matters mentioned in
20                           paragraph (d)(i) as the Minister may require.
21                   (iv)    The provisions of paragraph (d) (with the date for
22                           submission of proposals being read as the date or time
23                           determined by the Minister under subparagraph (iii) above
24                           and the reference in paragraph (d)(iii)(B) to
25                           paragraph (c)(iii)(A) being read as a reference to
26                           paragraph (c)(iii)(C)) and of Section 7.02 shall mutatis
27                           mutandis apply to detailed proposals submitted pursuant
28                           to this paragraph.
29             Grant of Tenure
30             (f)   (i)     On application made by the Joint Venturers to the Minister
31                           in such manner as the Minister may determine, not later
32                           than three (3) months after all their proposals submitted
33                           pursuant to paragraph (d)(i)(A) have been approved or
34                           deemed to be approved and the Joint Venturers have
35                           complied with the provisions of paragraph (d)(v), the State
36                           notwithstanding the Mining Act 1978 shall cause to be
37                           granted to the Joint Venturers:



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1                     (A)   a miscellaneous licence to conduct within the
2                           Railway Corridor and in accordance with its
3                           approved proposals all activities (including the
4                           taking of stone, sand, clay and gravel, the provision
5                           of temporary accommodation facilities for the
6                           railway workforce and, subject to the Rights in
7                           Water and Irrigation Act 1914 (WA), the operation
8                           of water bores) necessary for the planning, design,
9                           construction, commissioning, operation and
10                          maintenance within the Railway Corridor of the
11                          Railway, access roads and Additional Infrastructure
12                          (if any) ("the Special Railway Licence") such
13                          licence to be granted under and subject to, except as
14                          otherwise provided in this Agreement, the Mining
15                          Act 1978 in the form of the Second Schedule hereto
16                          and subject to such terms and conditions as the
17                          Minister for Mines may from time to time consider
18                          reasonable and at a rental calculated in accordance
19                          with the Mining Act 1978:
20                          (aa)   prior to the Railway Operation Date, as if the
21                                 width of the Railway Corridor were 100
22                                 metres; and
23                          (ab) on and from the Railway Operation Date, at
24                               the rentals from time to time prescribed under
25                               the Mining Act 1978; and
26                    (B)   a miscellaneous licence or licences to allow the
27                          construction, use and maintenance of Lateral
28                          Access Roads within the routes agreed for those
29                          Lateral Access Roads under paragraph (c)(i) (each a
30                          "Lateral Access Road Licence"), each such licence
31                          to be granted under and subject to, except as
32                          otherwise provided in this Agreement, the Mining
33                          Act 1978 in the form of the Third Schedule hereto
34                          and subject to such terms and conditions as the
35                          Minister for Mines may from time to time consider
36                          reasonable and at the rentals from time to time
37                          prescribed under the Mining Act 1978.



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1                  (ii)    On application made by the Joint Venturers to the Minister
2                          in such manner as the Minister may determine, not later
3                          than three (3) months after their proposals submitted
4                          pursuant to paragraph (e)(i) for the construction of Lateral
5                          Access Roads for access to the Railway Corridor to
6                          construct a Railway spur line have been approved or
7                          deemed to be approved and the Joint Venturers have
8                          complied with the provisions of paragraph (d)(v) (as
9                          applying pursuant to paragraph (e)(iv)), the State
10                         notwithstanding the Mining Act 1978 shall cause to be
11                         granted to the Joint Venturers a miscellaneous licence or
12                         licences to allow the construction, use and maintenance of
13                         Lateral Access Roads within the routes agreed for those
14                         Lateral Access Roads under paragraph (c)(i) (as applying
15                         pursuant to paragraph (e)(ii)) (each a "Lateral Access
16                         Road Licence"), each such licence to be granted under and
17                         subject to, except as otherwise provided in this Agreement,
18                         the Mining Act 1978 in the form of the Fourth Schedule
19                         hereto and subject to such terms and conditions as the
20                         Minister for Mines may from time to time consider
21                         reasonable and at the rentals from time to time prescribed
22                         under the Mining Act 1978.
23                 (iii)   Notwithstanding the Mining Act 1978, the term of the
24                         Special Railway Licence shall, subject to the sooner
25                         determination thereof on the cessation or sooner
26                         determination of this Agreement, be for a period of fifty
27                         (50) years commencing on the date of grant thereof.
28                 (iv)    Notwithstanding the Mining Act 1978, the term of any
29                         Lateral Access Road Licence shall, subject to the sooner
30                         determination thereof on the cessation or sooner
31                         determination of this Agreement, be for a period of four
32                         (4) years commencing on the date of grant thereof.
33                 (v)     Notwithstanding the Mining Act 1978, and except as
34                         required to do so by the terms of the Special Railway
35                         Licence, the Joint Venturers shall not be entitled to
36                         surrender the Special Railway Licence or any Lateral
37                         Access Road Licence or any part or parts of them without
38                         the prior consent of the Minister.


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1               (vi)   (A)   The Joint Venturers may in accordance with
2                            approved proposals take stone, sand, clay and gravel
3                            from the Railway Corridor for the construction,
4                            operation and maintenance of the Railway
5                            constructed within or approved for construction
6                            within the Railway Corridor.
7                      (B)   Notwithstanding the Mining Act 1978 no royalty
8                            shall be payable under the Mining Act 1978 in
9                            respect of stone, sand, clay and gravel which the
10                           Joint Venturers are permitted by subparagraph (A)
11                           to obtain from the land the subject of the Special
12                           Railway Licence.
13              (vii) For the purposes of this Agreement and without limiting
14                    the operation of subparagraphs (i) to (vi) inclusive above,
15                    the application of the Mining Act 1978 and the regulations
16                    made thereunder are specifically modified;
17                     (A)   in section 91(1) by:
18                           (aa)   deleting "the mining registrar or the warden,
19                                  in accordance with section 42 (as read with
20                                  section 92)" and substituting "the Minister";
21                           (ab) deleting "any person" and substituting "the
22                                Joint Venturers (as defined in the agreement
23                                authorised by and as scheduled to the Iron
24                                Ore      (Rhodes      Ridge)      Agreement
25                                Authorisation Act 1972, as from time to time
26                                added to, varied or amended)";
27                           (ac)   deleting "for any one or more of the purposes
28                                  prescribed" and substituting "for the purpose
29                                  specified      in     Section 9A.05(f)(i)(A),
30                                  9A.05(f)(i)(B) and 9A.05(f)(ii) of the
31                                  agreement authorised by and as scheduled to
32                                  the Iron Ore (Rhodes Ridge) Agreement
33                                  Authorisation Act 1972, as from time to time
34                                  added to, varied or amended";
35                     (B)   in section 91(3)(a), by deleting "prescribed form"
36                           and substituting "form required by the agreement
37                           authorised by and as and scheduled to the Iron Ore

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1                              (Rhodes Ridge) Agreement Authorisation Act 1972,
2                              as from time to time added to, varied or amended";
3                        (C)   by deleting sections 91(6), 91(9), 91(10) and 91B;
4                        (D)   in section 92, by deleting "Sections 41, 42, 44, 46,
5                              46A, 47 and 52 apply," and inserting "Section 46A
6                              (excluding in subsection (2)(a) "the mining
7                              registrar, the warden or") applies," and by deleting
8                              "in those provisions" and inserting "in that
9                              provision";
10                       (E)   by deleting the full stop at the end of the
11                             section 94(1) and inserting, "except to the extent
12                             otherwise provided in, or to the extent that such
13                             terms and conditions are inconsistent with, the
14                             agreement authorised by and as scheduled to the
15                             Iron Ore (Rhodes Ridge) Agreement Authorisation
16                             Act 1972, as from time to time added to, varied or
17                             amended";
18                       (F)   by deleting sections 94(2), (3) and (4);
19                       (G)   in section 96(1), by inserting after "miscellaneous
20                             licence" the words "(not being a miscellaneous
21                             licence granted pursuant to the agreement
22                             authorised by and as scheduled to the Iron Ore
23                             (Rhodes Ridge) Agreement Authorisation Act 1972,
24                             as from time to time added to, varied or amended";
25                       (H)   by deleting mining regulations 37(2), 37(3), 42 and
26                             42A; and
27                       (I)   by inserting at the beginning of mining
28                             regulations 41(c) and (f) the words "subject to the
29                             Agreement authorised by and as scheduled to the
30                             Iron Ore (Rhodes Ridge) Agreement Authorisation
31                             Act 1972, as from time to time added to, varied or
32                             amended".
33                 (viii) If additional proposals are approved in accordance with
34                        paragraph (e) for the construction of a Railway spur line
35                        outside the then Railway Corridor, the Minister for Mines
36                        shall include the area of land within which such


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1                      construction is to occur in the Special Railway Licence by
2                      endorsement. The area of such land may be included
3                      notwithstanding that the survey of the land has not been
4                      completed but subject to correction to accord with the
5                      survey when completed at the Joint Venturers' expense.
6               (ix)   If additional proposals are approved in accordance with
7                      paragraph (e) for the construction of Train Loading
8                      Infrastructure or Train Unloading Infrastructure outside
9                      the then Railway Corridor, the Minister for Mines shall
10                     include the area of such land within which such
11                     infrastructure is approved for construction in the Special
12                     Railway Licence by endorsement. The area of such land
13                     may be included notwithstanding that the survey of the
14                     land has not been completed but subject to correction to
15                     accord with the survey when completed at the Joint
16                     Venturers' expense.
17              (x)    The provisions of this subparagraph shall not operate so as
18                     to require the State to cause a Special Railway Licence or
19                     a Lateral Access Road Licence to be granted or any land
20                     included in the Special Railway Licence as mentioned
21                     above until all processes necessary under any laws relating
22                     to native title to enable that grant or inclusion of land to
23                     proceed, have been completed.
24        Construction and operation of Railway
25        (g)   (i)    Subject to and in accordance with approved proposals, the
26                     Rail Safety Act and the grant of the relevant Special
27                     Railway Licence and any associated Lateral Access Road
28                     Licences the Joint Venturers shall in a proper and
29                     workmanlike manner and in accordance with recognised
30                     standards for railways of a similar nature operating under
31                     similar conditions construct the Railway and associated
32                     Additional Infrastructure and access roads within the
33                     Railway Corridor and shall also construct inter alia any
34                     necessary sidings, crossing points, bridges, signalling
35                     switches and other works and appurtenances and provide
36                     for crossings and (where appropriate and required by the
37                     Minister) grade separation or other protective devices
38                     including flashing lights and boom gates at places where


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1                          the Railway crosses or intersects with major roads or
2                          existing railways.
3                  (ii)    The Joint Venturers shall while the holders of a Special
4                          Railway Licence:
5                          (A)   keep the Railway the subject of that licence in an
6                                operable state; and
7                          (B)   ensure that the Railway the subject of that licence is
8                                operated in a safe and proper manner in compliance
9                                with all applicable laws from time to time; and
10                         (C)   without limiting subparagraph (ii)(B) ensure that
11                               the obligations imposed under the Rail Safety Act
12                               on a 'rail infrastructure manager' and 'rail transport
13                               operator' (as those terms are therein defined) are
14                               complied with in connection with the Railway the
15                               subject of that licence.
16                         Nothing in this Agreement shall be construed to exempt
17                         the Joint Venturers or any other person from compliance
18                         with the Rail Safety Act or limit its application to the Joint
19                         Venturers' operations generally (except as otherwise may
20                         be provided in that Act or regulations made under it).
21                 (iii)   The Joint Venturers shall provide crossings for livestock
22                         and also for any roads, other railways, conveyors,
23                         pipelines and other utilities which exist at the date of grant
24                         of the relevant Special Railway Licence or in respect of
25                         land subsequently included in it at the date of such
26                         inclusion.
27                 (iv)    Subject to Section 9A.04, the Joint Venturers shall at all
28                         times be the holder of Special Railway Licences and
29                         Lateral Access Road Licences granted pursuant to this
30                         Section and (without limiting Section 25.08 but subject to
31                         Section 9A.04) shall at all times own manage and control
32                         the use of each Railway the subject of a Special Railway
33                         Licence held by the Joint Venturers.
34                 (v)     The Joint Venturers shall not be entitled to exclusive
35                         possession of the land the subject of a Special Railway
36                         Licence or Lateral Access Road Licence granted pursuant


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1                      to this Section to the intent that the State, the Minister, the
2                      Minister for Mines and any persons authorised by any of
3                      them from time to time shall be entitled to enter upon the
4                      land or any part of it at all reasonable times and on
5                      reasonable notice with all necessary vehicles, plant and
6                      equipment and for purposes related to this Agreement or
7                      such other purposes as they think fit but in doing so shall
8                      be subject to the reasonable directions of the Joint
9                      Venturers so as not to unreasonably interfere with the Joint
10                     Venturers' operations.
11              (vi)   The Joint Venturers ownership of a Railway constructed
12                     pursuant to this Section shall not give it an interest in the
13                     land underlying it.
14              (vii) The Joint Venturers shall not at any time without the prior
15                    consent of the Minister dismantle, sell or otherwise
16                    dispose of any part or parts of any Railway constructed
17                    pursuant to this Section, or permit this to occur, other than
18                    for the purpose of maintenance, repair, upgrade or
19                    renewal.
20              (viii) The Joint Venturers shall, subject to and in accordance
21                     with approved proposals, in a proper and workmanlike
22                     manner, construct any Additional Infrastructure, access
23                     roads, Lateral Access Roads and other works approved for
24                     construction under this Section.
25              (ix)   The Joint Venturers shall while the holder of a Special
26                     Railway Licence at all times keep and maintain in good
27                     repair and working order and condition (which obligation
28                     includes, where necessary, replacing or renewing all parts
29                     which are worn out or in need of replacement or renewal
30                     due to their age or condition) the Railway, access roads
31                     and Additional Infrastructure (if any) the subject of that
32                     licence and all such other works installations plant
33                     machinery and equipment for the time being the subject of
34                     this Agreement and used in connection with the operation
35                     use and maintenance of that Railway, access roads and
36                     Additional Infrastructure (if any).




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1                    (x)    Subject to Section 9A.04, the Joint Venturers shall:
2                           (A)   be responsible for the cost of construction and
3                                 maintenance of all Private Roads constructed
4                                 pursuant to this Section; and
5                           (B)   at their own cost erect signposts and take other steps
6                                 that may be reasonable in the circumstances to
7                                 prevent any persons and vehicles (other than those
8                                 engaged upon the Joint Venturers' activities and its
9                                 invitees and licensees) from using the Private
10                                Roads; and
11                          (C)   at any place where any Private Roads are
12                                constructed by the Joint Venturers so as to cross any
13                                railways or public roads provide at its cost such
14                                reasonable protection and signposting as may be
15                                required by the Commissioner of Main Roads or the
16                                Public Transport Authority as the case may be.
17                   (xi)   The provisions of Section 13.03 regarding third party
18                          access as well as the proviso to that Section shall apply
19                          mutatis mutandis to any Railway or Railway spur line
20                          constructed pursuant to this Section except that the Joint
21                          Venturers shall not be obliged to transport passengers
22                          upon any Railway or Railway spur line.
23                   (xii) The provisions of Section 13.02A shall apply mutatis
24                         mutandis to any Railway or Rail spur line constructed
25                         pursuant to this Section.
26             Notification of Railway Operation Date
27             (h)   (i)    The Joint Venturers shall from the date occurring six (6)
28                          months before the date for completion of construction of a
29                          Railway specified in its time program for the
30                          commencement and completion of construction of that
31                          Railway submitted under paragraph (d)(i), keep the
32                          Minister fully informed as to:
33                          (A)   the progress of that construction and its likely
34                                completion and commissioning; and
35                          (B)   the likely Railway Operation Date.


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1                 (ii)    The Joint Venturers shall on the Railway Operation Date
2                         notify the Minister that the first carriage of iron ore, freight
3                         goods or other products as the case may be over the
4                         Railway (other than for construction or commissioning
5                         purposes) has occurred.
6                 (iii)   The Joint Venturers shall from the date occurring six (6)
7                         months before the date for completion of construction of a
8                         Railway spur line specified in its time program for the
9                         commencement and completion of construction of that
10                        spur line submitted under subparagraph (iii) of
11                        paragraph (e) keep the Minister fully informed as to:
12                        (A)    the progress of that construction and its likely
13                               completion and commissioning; and
14                        (B)    in respect of it, the likely Railway spur line
15                               Operation Date.
16                (iv)    The Joint Venturers shall on the Railway spur line
17                        Operation Date in respect of any Railway spur line notify
18                        the Minister that the first carriage of iron ore, freight goods
19                        or other products as the case may be over such spur line
20                        (other than for construction or commissioning purposes)
21                        has occurred."
22   (44)   deleting Section 10.01 and substituting the following:
23          "SECTION 10.01          ANCILLARY TITLES
24          (a)   On application made by the Joint Venturers not later than three
25                (3) months after proposals submitted pursuant to Clauses V or
26                VIA have been approved or determined or not later than three (3)
27                months after proposals submitted pursuant to Section 7.01 have
28                been approved or determined (as applicable), the State shall in
29                accordance with the Joint Venturers' approved proposals grant to
30                the Joint Venturers, or arrange to have the appropriate authority
31                or other interested instrumentality of the State grant to the Joint
32                Venturers, for such periods and on such terms and conditions
33                including rentals and renewal rights as shall be reasonable having
34                regard to the requirements of the Joint Venturers and as are
35                consistent with the terms of this Agreement and approved
36                proposals, leases and where applicable licences, easements and


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1                    or other titles to land for all or any of the purposes of the Joint
2                    Venturers' activities hereunder.
3              (b)   Notwithstanding Section 9A.03(b)(ii)(D), detailed proposals
4                    may refer to activities on tenure which is proposed to be granted
5                    pursuant to this Section as if that tenure was granted pursuant to
6                    this Agreement (but this does not limit the powers or discretions
7                    of the Minister under this Agreement or the Minister responsible
8                    for the administration of any relevant Act with respect to the
9                    grant of the tenure).
10             (c)   The State acknowledges that the Joint Venturers have made
11                   application for miscellaneous licence 47/1092 and may seek its
12                   grant pursuant to proposals to be submitted and approved under
13                   this Agreement for its use for the purposes of this Agreement
14                   subject to any underlying tenement holder(s) providing their
15                   consent to such use."
16     (45)    deleting Section 10.02 and substituting the following:
17             "SECTION 10.02            NATIVE TITLE            The provisions of this
18             Section and Section 10.04 shall not operate so as to require the State to
19             grant or vary, or cause to be granted or varied, any lease licence or other
20             right or title until all processes necessary under any laws relating to
21             native title to enable that grant or variation to proceed, have been
22             completed."
23     (46)    inserting after Section 10.02 the following new Sections:
24             "SECTION 10.03         ABORIGINAL HERITAGE ACT
25             (a)   For the purposes of this Agreement the Aboriginal Heritage
26                   Act 1972 (WA) applies as if:
27                   (i)    the expression 'owner of any land' in section 18(1) of that
28                          Act includes the Joint Venturers to the extent that their
29                          requisite authority to enter and be on the relevant land
30                          would not otherwise comprise a right contemplated by
31                          section 18(1) of the Act;
32                   (ii)   the following sentences are added at the end of
33                          section 18(3):
34                          "In relation to a notice from the Joint Venturers the
35                          conditions that the Minister may specify can as appropriate

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1                      include, among other conditions, a condition restricting
2                      the Joint Venturers' use of the relevant land to after the
3                      approval or deemed approval as the case may be under the
4                      agreement authorised by and scheduled to the Iron Ore
5                      (Rhodes Ridge) Agreement Authorisation Act 1972, as
6                      from time to time added to, varied or amended, in relation
7                      to the use or proposed use of land pursuant to that
8                      agreement of all of the Joint Venturers' submitted interim
9                      and initial proposals thereunder, or in the case of
10                     additional proposals submitted or to be submitted by the
11                     Joint Venturers to after the approval or deemed approval
12                     under that agreement of such additional proposals, and to
13                     the extent so approved."
14        (b)   The Joint Venturers acknowledge that nothing in this Section nor
15              the granting of any consents under section 18 of the Aboriginal
16              Heritage Act 1972 (WA) will constitute or is to be construed as
17              constituting the approval of any proposals submitted or to be
18              submitted by the Joint Venturers under this Agreement or as the
19              grant or promise of land tenure for the purposes of this
20              Agreement.
21        SECTION 10.04          APPLICATION FOR SPECIAL ADVANCE
22                               TENURE TO BE GRANTED PURSUANT TO
23                               THIS AGREEMENT
24        (a)   The Minister may at the request of the Joint Venturers from time
25              to time made during the continuance of this Agreement approve
26              Special Advance Tenure being granted to the Joint Venturers
27              pursuant to this Agreement if:
28              (i)    the Joint Venturers propose to submit detailed proposals
29                     under this Agreement (other than under Section 9A.05) to
30                     construct works installations or facilities on the Relevant
31                     Land and the Joint Venturers' request is so far as is
32                     practicable made, unless the Minister approves otherwise,
33                     no less than six (6) months before the submission of those
34                     detailed proposals; and
35              (ii)   the Minister is satisfied that it is necessary and appropriate
36                     that Special Advance Tenure, rather than tenure granted
37                     under or pursuant to the other provisions of this


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1                            Agreement, be used for the purposes of the proposed
2                            works installations or facilities on the Relevant Land,
3                    and if the Minister does so approve:
4                    (iii)   notwithstanding the Mining Act 1978 or the LAA, the
5                            appropriate authority or instrumentality of the State shall
6                            obtain the consent of the Minister to the form and
7                            substance of the Special Advance Tenure prior to its grant
8                            (which for the avoidance of doubt neither the State nor the
9                            Minister is obliged to cause) to the Joint Venturers; and
10                   (iv)    if the Joint Venturers do not submit detailed proposals
11                           relating to construction of the relevant works installations
12                           or facilities on the Relevant Land within twenty four (24)
13                           months after the date of the Minister's approval or such
14                           later time subsequently allowed by the Minister, or if
15                           submitted the Minister does not approve such detailed
16                           proposals, the Special Advance Tenure (if then granted)
17                           shall be surrendered at the request of the Minister.
18             (b)   The decisions of the Minister under paragraph (a) shall not be
19                   referrable to arbitration and any approval of the Minister under
20                   this Section shall not in any way limit, prejudice or otherwise
21                   affect the exercise by the Minister of the Minister's powers, or
22                   the performance of the Minister's obligations, under this
23                   Agreement or otherwise under the laws from time to time of the
24                   said State.
25             SECTION 10.05          RESUMPTION FOR THE PURPOSES OF
26                                    THIS AGREEMENT
27             (a)   The State is hereby empowered, as and for a public work under
28                   Parts 9 and 10 of the LAA and the Public Works Act 1902 (WA),
29                   to take for the purposes of this Agreement any land which in the
30                   opinion of the Joint Venturers is necessary for the purposes of
31                   this Agreement and which the Minister determines is appropriate
32                   to be taken for such purposes (except any land the taking of
33                   which would be contrary to the provisions of a Government
34                   agreement entered into before the submission of the proposals
35                   relating to the proposed taking) and notwithstanding any other
36                   provisions of those Acts may license that land to the Joint
37                   Venturers.


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1           (b)   In applying Parts 9 and 10 of the LAA and the Public Works
2                 Act 1902 (WA) for the purposes of this Clause:
3                 (i)     "land" in those Acts includes a legal or equitable estate or
4                         interest in land;
5                 (ii)    sections 170, 171, 172, 173, 174, 175 and 184 of the LAA
6                         do not apply; and
7                 (iii)   the LAA applies as if it were modified in section 177(2)
8                         by inserting:
9                         (A)   after "railway" the following:
10                              "or land is being taken pursuant to a Government
11                              agreement as defined in section 2 of the
12                              Government Agreements Act 1979 (WA)"; and
13                        (B)   after "that Act" the following:
14                              "or that agreement as the case may be".
15          (c)   The Joint Venturers shall pay to the State on demand the costs of
16                or incidental to any land taken at the request of and on behalf of
17                the Joint Venturers including but not limited to any compensation
18                payable to any holder of native title or of native title rights and
19                interests in the land."
20   (47)   in Section 11.01 by:
21          (a)   after the words "hereunder the State" inserting the words "shall
22                not during the term of this Agreement without the consent of the
23                Joint Venturers";
24          (b)   deleting "will not resume or suffer or" and substituting "resume
25                nor suffer nor";
26          (c)   before the word "instrumentality" inserting the word "State";
27          (d)   deleting the words "portion of the land the subject of any special
28                lease mentioned in Section 10.02" and substituting "of the works,
29                installations, plant, equipment or other property for the time
30                being belonging to the Joint Venturers and the subject of or used
31                for the purposes of this Agreement or any of the works on the
32                Mining Lease or other lease, licence or other title granted to or
33                held by the Joint Venturers pursuant to this Agreement without


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1                    such consent (which will not be arbitrarily or unreasonably
2                    withheld)"; and
3              (e)   deleting "mineral lease" and substituting "titles";
4      (48)    in Section 11.02 inserting after the full stop the sentence "In the
5              application of this Section the conferral of rights upon parties to
6              Government agreements shall be disregarded."
7      (49)    in Section 11.03 deleting "mineral lease" and substituting "Mining
8              Lease" and deleting "under or" and substituting "or held";
9      (50)    deleting Section 11.04 and substituting the following:
10             "SECTION 11.04         RATING
11             (a)   The State shall ensure that, notwithstanding the provisions of any
12                   Act or anything done or purported to be done under any Act, the
13                   valuation of all lands the subject of this Agreement (except as to
14                   any part of land upon which is situated a specified improvement
15                   as referred to below) shall for rating purposes under the Local
16                   Government Act 1995 (WA), be deemed to be on the unimproved
17                   value thereof and no such lands shall be subject to any
18                   discriminatory rate.
19             (b)   For the purpose of this Section, the following improvements are
20                   specified improvements:
21                   (i)    accommodation, recreation and administration facilities
22                          and associated buildings; and
23                   (ii)   maintenance workshops existing within 100 metres of
24                          facilities listed in subparagraph (i) above."
25     (51)    deleting Section 12.01 (other than the heading) and substituting "Not
26             used.";
27     (52)    in Section 13.01 by:
28             (a)   after the words "Subject to" inserting the words "and in
29                   accordance with approved proposals, the Rail Safety Act (as
30                   defined for the purposes of this Clause in paragraph (a) of
31                   Section 9A.05) and";
32             (b)   after the words "Crown lands" inserting the words "(as defined
33                   in the LAA)";

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1           (c)   deleting the words "(but subject to the provisions of the Public
2                 Works Act, 1902, to the extent that they are applicable) the
3                 railway having a four feet eight and one half inch (4ft. 8½in.)
4                 gauge specified in the approved proposals";
5           (d)   after the words "(all of which together with the specified railway
6                 being hereinafter referred to as "the said railway") and will"
7                 adding the words "unless the Minister otherwise allows"; and
8           (e)   deleting the words "to haul at least one million (1,000,000) tons
9                 of iron ore per annum" and substituting "for the purposes of the
10                Joint Venturers' activities under this Agreement."
11   (53)   deleting Section 13.02 (other than the heading) and substituting the
12          following:
13          "The Joint Venturers shall during the continuance of this Agreement:
14          (a)   keep the said railway constructed under this Agreement in
15                operation;
16          (b)   ensure that the said railway is operated in a safe and proper
17                manner in compliance with all applicable laws from time to time;
18                and
19          (c)   without limiting paragraph (b), ensure that the obligations
20                imposed under the Rail Safety Act on a 'rail infrastructure
21                manager' and 'rail transport operator' (as those terms are therein
22                defined) are complied with in connection with the said railway,
23          and nothing in this Agreement shall be construed to exempt the Joint
24          Venturers or any person from compliance with the Rail Safety Act, or
25          limit their application to the Joint Venturers' operations generally."
26   (54)   inserting after Section 13.02 the following new Section:
27          "SECTION 13.02A              CROSSINGS OVER RAILWAY For the
28          purposes of livestock and infrastructure such as roads, railways,
29          conveyors, pipelines, transmission lines and other utilities proposed to
30          cross the land the subject of the Joint Venturers' railway the Joint
31          Venturers shall:
32          (a)   if applicable, give its consent to, or otherwise facilitate the grant
33                by the State or any agency, instrumentality or other authority of
34                the State of any lease, licence or other title over land the subject
35                of the Joint Venturers' railway so long as such grant does not in

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1                    the Minister's opinion unduly prejudice or interfere with the
2                    activities of the Joint Venturers under this Agreement; and
3              (b)   on reasonable terms and conditions allow access for the
4                    construction and operation of such crossings and associated
5                    infrastructure,
6              provided that in forming his opinion under this Section, the Minister
7              must consult with the Joint Venturers."
8      (55)    deleting Section 14.01 and substituting the following:
9              "SECTION 14.01        CONSTRUCTION OF PRIVATE ROADS
10             The Joint Venturers shall:
11             (a)   be responsible for the cost of the construction and maintenance
12                   of all private roads which shall be used in its activities under this
13                   Agreement;
14             (b)   at its own cost erect signposts and take other steps that may be
15                   reasonable in the circumstances to prevent any persons and
16                   vehicles (other than those engaged upon the Joint Venturers'
17                   activities and its invitees and licensees) from using the private
18                   roads; and
19             (c)   at any place where any private roads are constructed by the Joint
20                   Venturers so as to cross any public roads or private railways
21                   provide at its cost such reasonable protection and signposting as
22                   may be required by the Commissioner of Main Roads, the
23                   relevant local government or the owner of the private railway as
24                   the case may be."
25     (56)    deleting Section 14.02 (other than the heading) and substituting the
26             following:
27             "The State shall maintain or cause to be maintained those public roads
28             under the control of the Commissioner of Main Roads or a local
29             government which may be used by the Joint Venturers for the purposes
30             of this Agreement to a standard similar to comparable (in the Minister's
31             opinion) public roads maintained by the Commissioner of Main Roads
32             or a local government as the case may be."




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1    (57)   deleting Section 14.03 and substituting the following:
2           "SECTION 14.03         PUBLIC ROAD UPGRADING                  In the event
3           that for or in connection with the Joint Venturers' activities under this
4           Agreement the Joint Venturers or a person engaged by them uses or
5           wishes to use a public road (whether referred to in Section 14.02 or
6           otherwise) which is inadequate for the purpose, or any use by the Joint
7           Venturers or any person engaged by them of any public road results in
8           excessive damage or deterioration thereof (other than fair wear and
9           tear) the Joint Venturers shall pay to the State or the local government
10          as the case may require the whole or an equitable part of the total cost
11          of any upgrading required or of making good the damage or
12          deterioration as may be reasonably required by the Commissioner of
13          Main Roads having regard to the use of such public road by others."
14   (58)   deleting Section 14.04 and substituting the following:
15          "SECTION 14.04          DEDICATION OF PRIVATE ROADS AS
16          PUBLIC ROADS            Where a road constructed by the Joint Venturers
17          for their own use is subsequently required for public use, the State may,
18          after consultation with the Joint Venturers as so long as resumption
19          thereof will not in the Minister's opinion unduly prejudice or interfere
20          with the activities of the Joint Venturers under this Agreement, resume
21          and dedicate such road as a public road and, upon such resumption, the
22          State shall pay to the Joint Venturers such amount as is reasonable for
23          such resumption."
24   (59)   deleting Section 15.01 (other than the heading) and substituting "Not
25          used.";
26   (60)    deleting Section 15.02 (other than the heading) and substituting "Not
27          used.";
28   (61)   deleting Section 15.03 (other than the heading) and substituting "Not
29          used.";
30   (62)   deleting Section 15.04 (other than the heading) and substituting "Not
31          used.";
32   (63)   deleting Section 15.05 (other than the heading) and substituting "Not
33          used.";




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1      (64)    deleting Section 15.06 (other than the heading) and substituting "Not
2              used.";
3      (65)    deleting Section 15.07 and substituting the following:
4              "SECTION 15.07         WATER - MINING LEASE
5              (a)   To the fullest extent reasonably practicable and in preference to
6                    any other available source of water the Joint Venturers shall use
7                    water obtained from dewatering on the Mining Lease for their
8                    purposes under this Agreement.
9              (b)   Nothing in this Agreement shall be construed so as to exempt the
10                   Joint Venturers from any liability to the State or to third parties
11                   arising out of or caused by the extraction of water from the
12                   Mining Lease by dewatering or any discharge or escape from the
13                   Mining Lease of water obtained by dewatering."
14     (66)    deleting Section 15.08 (other than the heading) and substituting "Not
15             used.";
16     (67)    deleting Section 15.09 (other than the heading) and substituting "Not
17             used.";
18     (68)    deleting Section 15.10 and substituting the following:
19             "SECTION 15.10        RIGHTS TO WATER AND WATER SERVICES
20             The water requirements for the purposes of this Agreement shall be
21             obtained and maintained in accordance with and subject to laws
22             applicable from time to time in Western Australia in respect of rights
23             in water and the supply and discharge of water and the supply of water
24             services."
25     (69)    deleting Section 15.11 (other than the heading) and substituting the
26             following:
27             "The Joint Venturers will give notice to the Minister of any unused
28             hydrological capacity and (where such supply will not unduly prejudice
29             or interfere with the Joint Venturers' activities hereunder) the Minister
30             will (after first affording the Joint Venturers an opportunity to consult
31             with him) so notify the Joint Venturers that the Minister is of the
32             opinion that it is desirable that the water sources so notified be made
33             available to the State for the purposes of water conservation, water
34             management and utilisation of the unused hydrological capacity by the


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1           State and the State will cause the Minister for Water to revoke or vary
2           all relevant licences to draw water previously issued to the Joint
3           Venturers. The State will not be liable to pay the Joint Venturers
4           compensation in respect of the licences so revoked or varied."
5    (70)   deleting Section 15.12 and substituting the following:
6           "SECTION 15.12       MINIMISATION OF WATER CONSUMPTION
7           The Joint Venturers shall to the extent that it is practical and
8           economical design, construct and operate all facilities, plant and
9           equipment used in their activities under this Agreement so as to
10          minimise water consumption and shall at all times use their best
11          endeavours to minimise the consumption of water in their activities
12          under this Agreement and ensure the most efficient use of the available
13          water resources."
14   (71)   deleting Section 15.14 and substituting the following:
15          "SECTION 15.14        SUPPLY OF EXCESS WATER TO THIRD
16          PARTIES
17          (a)   The Joint Venturers may only extract mine dewater from the
18                Mining Lease to the extent reasonably required for their mining
19                activities the subject of approved proposals under this
20                Agreement.
21          (b)   Subject to Section 15.11, the Joint Venturers may only supply
22                mine dewater in excess of the water requirements for the
23                purposes of this Agreement in accordance with and subject to
24                laws applicable from time to time in Western Australia in respect
25                of the supply of water and water services to third parties
26                including the State provided:
27                (i)    the Joint Venturers notify the Minister prior to entering
28                       into an arrangement for the proposed supply of the relevant
29                       third party advising the identity of the third party, the
30                       volume of water to be supplied and the purpose and
31                       duration of the proposed supply; and
32                (ii)   the water is to be supplied at a charge to be approved
33                       (including if there is no proposed charge) by the Minister
34                       in consultation with the Joint Venturers.



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1                    For the avoidance of doubt, and without limiting Section 9A.03,
2                    in such case the third party will be responsible for the
3                    construction and operation of any water pipeline facilities and to
4                    obtain their own tenure to support such activities under the
5                    general law of the said State.
6      (72)    deleting Section 15.15 (other than the heading) and substituting "Not
7              used.";
8      (73)    deleting Section 15.16 (other than the heading) and substituting "Not
9              used.";
10     (74)    deleting Section 15.17 (other than the heading) and substituting "Not
11             used.";
12     (75)    deleting Section 16.01 (other than the heading) and substituting:
13             "The Joint Venturers may in accordance with approved proposals
14             hereunder and subject to the provisions of the Electricity Industry
15             Act 2004 (WA) and any other relevant Act:
16             (a)   install and operate without cost to the State, at an appropriate
17                   location or locations on the Mining Lease equipment of sufficient
18                   capacity to generate electricity for its activities on the Mining
19                   Lease and other areas provided for the facilities of the Joint
20                   Venturers in the vicinity of the Mining Lease; and
21             (b)   transmit power within the Mining Lease and other areas provided
22                   for the Joint Venturers in the vicinity of the Mining Lease subject
23                   to the provisions of the Electricity Industry Act 2004 (WA) and
24                   any other relevant Act; and
25             (c)   for the purpose of supply to:
26                   (i)    "the Company" or "the Joint Venturers" as the case may
27                          be as defined in, and for the purpose of an Integration
28                          Agreement, for its or their purposes thereunder;
29                   (ii)   the holders from time to time of a Mining Act 1978 mining
30                          lease located in, or proximate to, the Pilbara region of the
31                          said State which is held by a Related Entity alone or with
32                          a third party or parties (excluding any mining lease granted
33                          pursuant to, or held under, a Government agreement) for
34                          the purpose of their iron ore mining operations on that
35                          mining lease; and

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1                 (iii)   with the prior approval of the Minister, "the Company" or
2                         "the Joint Venturers" as the case may be defined in, and
3                         for the purpose of a Government agreement (excluding an
4                         Integration Agreement) for the mining of iron ore in, or
5                         proximate to, the Pilbara region of the said State for the
6                         purpose of its or their operations under that agreement,
7                 and to the extent determined by the Minister generate transmit
8                 and supply electricity."
9    (76)   in Section 16.02 by:
10          (a)   after the words "the Joint Venturers will" inserting the words
11                "subject to the provisions of the Electricity Industry Act 2004
12                (WA) and any other relevant Act";
13          (b)   deleting each occurrence of "the Commission and";
14          (c)   deleting the words "the Commission or"; and
15          (d)   inserting before the full stop the words "(for the avoidance of
16                doubt, in such case the third party will augment their electricity
17                facilities and obtain their own tenure to support such
18                augmentation under the general law of the said State)";
19   (77)   deleting Section 16.03 (other than the heading) and substituting "Not
20          used.";
21   (78)   deleting Section 16.04 (other than the heading) and substituting "Not
22          used.";
23   (79)   deleting Section 16.05 (other than the heading) and substituting "Not
24          used.";
25   (80)   inserting after the heading "CLAUSE XVII" the words "Not used.";
26   (81)   deleting Section 17.01 (other than the heading) and substituting "Not
27          used.";
28   (82)   deleting Section 17.02 (other than the heading) and substituting "Not
29          used.";
30   (83)   deleting Section 17.03 (other than the heading) and substituting "Not
31          used.";



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1      (84)    inserting after the heading "CLAUSE XVIII" the words "Not used.";
2      (85)    deleting Section 18.01 (other than the heading) and substituting "Not
3              used.";
4      (86)    deleting Section 18.02 (other than the heading) and substituting "Not
5              used.";
6      (87)    deleting Section 18.03 (other than the heading) and substituting "Not
7              used.";
8      (88)    deleting Section 18.04 (other than the heading) and substituting "Not
9              used.";
10     (89)    deleting Section 18.05 (other than the heading) and substituting "Not
11             used.";
12     (90)    deleting Section 19.01 (other than the heading) and substituting "Not
13             used.";
14     (91)    in Section 20.02 deleting "wharfs";
15     (92)    deleting Section 20.03 and substituting the following:
16             "SECTION 20.03 USE OF LOCAL LABOUR PROFESSIONAL
17             SERVICES AND MATERIALS
18             (a)   Except as otherwise agreed by the Minister the Joint Venturers
19                   shall, for the purposes of this Agreement:
20                   (i)    except in those cases where the Joint Venturers can
21                          demonstrate it is not reasonable and economically
22                          practicable so to do, use labour available within the said
23                          State (using all reasonable endeavours to ensure that as
24                          many as possible of the workforce be recruited from the
25                          Pilbara region) or if such labour is not available then,
26                          except as aforesaid, use labour otherwise available within
27                          Australia;
28                   (ii)   as far as it is reasonable and economically practicable so
29                          to do, use the services of engineers, surveyors, architects
30                          and other professional consultants experts and specialists,
31                          project managers, manufacturers, suppliers and
32                          contractors resident and available within the said State, or
33                          if such services are not available within the said State,

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1                       then, as far as practicable as aforesaid, use the services of
2                       such persons otherwise available within Australia;
3               (iii)   during design and when preparing specifications, calling
4                       for tenders and letting contracts for works, materials, plant,
5                       equipment and supplies (which shall at all times, except
6                       where it is impracticable so to do, use or be based upon
7                       Australian Standards and Codes) ensure that suitably
8                       qualified Western Australian and Australian suppliers,
9                       manufacturers and contractors are given fair and
10                      reasonable opportunity to tender or quote;
11              (iv)    give proper consideration and, where possible, preference
12                      to Western Australian suppliers, manufacturers and
13                      contractors when letting contracts or placing orders for
14                      works, materials, plant, equipment and supplies where
15                      price, quality, delivery and service are equal to or better
16                      than that obtainable elsewhere or, subject to the foregoing,
17                      give that consideration and, where possible, preference to
18                      other Australian suppliers, manufacturers and contracts;
19                      and
20              (v)     if, notwithstanding the foregoing provisions of this
21                      Section, a contract is to be let or an order is to be placed
22                      with other than a Western Australian or Australian
23                      supplier, manufacturer or contractor, give proper
24                      consideration and, where possible, preference to tenders,
25                      arrangements or proposals that include Australian
26                      participation where price, delivery and service are
27                      otherwise equal or better.
28        (b)   Except as otherwise agreed by the Minister, the Joint Venturers
29              shall, in every contract entered into with a third party for the
30              supply of services, labour, works, materials, plant, equipment or
31              supplies for the purposes of this Agreement require as a condition
32              thereof that such third party shall undertake:
33              (i)     the same obligations as are referred to in paragraph (a) and
34                      shall report to the Joint Venturers concerning such third
35                      party's implementation of that condition; and
36              (ii)    procurement activities in accordance with the plan
37                      provided under Section 7.05.


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1              (c)   The Joint Venturers shall:
2                    (i)    in respect of developments the subject or to be the subject
3                           (as the case may be) of proposals submitted under Clauses
4                           V or VIA (as the case may be), submit a report to the
5                           Minister at quarterly intervals from the date six (6) months
6                           after the variation date until commissioning of the works,
7                           installations and facilities described in such proposals and
8                           thereafter as requested by the Minister from time to time;
9                           and
10                   (ii)   in respect of developments the subject or to be the subject
11                          (as the case may be) of proposals submitted under
12                          Section 7.01 submit a report to the Minister at quarterly
13                          intervals from the date on which they give notice under
14                          Section 7.01 until commissioning of the developments the
15                          subject of the proposals approved pursuant to Section 7.02
16                          and thereafter as requested by the Minister from time to
17                          time,
18                   concerning its implementation of the provisions of this Section
19                   and of the relevant plan in connection with the development
20                   provided pursuant to Section 7.05, together with a copy of any
21                   report received by the Joint Venturers pursuant to paragraph (b)
22                   during that quarter or longer period as the case may be
23                   PROVIDED THAT the Minister may agree that any such reports
24                   need not be provided in respect of contracts of such kind or value
25                   as the Minister may from time to time determine.
26             (d)   The Joint Venturers shall keep the Minister informed on a regular
27                   basis as determined by the Minister from time to time or
28                   otherwise as reasonably required by the Minister during the
29                   currency of this Agreement of any services (including any
30                   elements of the project investigations, design and management)
31                   and any works, materials, plant, equipment and supplies that it
32                   may be proposing to obtain from or have carried out or permit to
33                   be obtained from or carried out outside Australia, together with
34                   its reasons therefor and shall, as and when required by the
35                   Minister, consult with the Minister with respect thereto."
36     (93)    in paragraph (b) of Section 20.04 deleting "Section 20.04(a)" and
37             substituting "paragraph (a)";


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                                                                                     s. 9


1    (94)   in Section 21.01 by deleting paragraphs (a), (b), (c) and (d) (including
2           subparagraphs (i) and (ii)) and substituting the following:
3           "(a)   on lump ore and on fine ore not sold or shipped separately as
4                  such, at the rate of 7.5% of the f.o.b. value;
5           (b)    on fine ore sold or shipped separately as such, at the rate of 7.5%
6                  of the f.o.b. value;
7           (c)    on beneficiated ore, at the rate of 5% of the f.o.b. value; and
8           (d)    on any other iron ore products, at the rate of 7.5% of the f.o.b.
9                  value.
10          Where beneficiated ore is produced from an admixture of iron ore from
11          the Mining Lease and iron ore from elsewhere, a portion (and a portion
12          only) of the beneficiated ore so produced being equal to the proportion
13          that the amount of the iron in the iron ore from the Mining Lease used
14          in the production of that beneficiated ore bears to the total amount of
15          iron in the iron ore so used shall be deemed to be produced from iron
16          ore from the Mining Lease.
17          Where for the purpose of determining f.o.b. value it is necessary to
18          convert an amount or price to Australian currency, the conversion is to
19          be calculated using the rate (excluding forward hedge or similar
20          contract rates) that has been approved by the Minister at the request of
21          the Joint Venturers and in the absence of such request as determined by
22          the Minister to be a reasonable rate for the purpose.
23          The provisions of regulation 85AA (Effect of GST etc. on royalties) of
24          the Mining Regulations 1981 (WA) shall apply mutatis mutandis to the
25          calculation of royalties under this Section."
26   (95)   deleting Section 21.02 (other than the heading) and substituting:
27          "This Section 21.02 will also apply in relation to the payment of the
28          royalty where iron ore products produced from secondary processing
29          hereunder are so produced from an admixture of iron ore from the
30          Mining Lease and other iron ore a portion (and a portion only) of the
31          iron ore products so produced (being that part of the whole of the iron
32          ore products so produced as bears to that whole the same ratio as the
33          amount of iron in the iron ore from the Mining Lease used in the
34          production of those iron products bears to the total amount of iron in
35          the iron ore so used) will be deemed to be iron ore products within the
36          meaning of that term as defined in Section 1.01."

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1      (96)    deleting Section 21.03 (other than the heading) and substituting:
2              "The Joint Venturers will during the continuance of this Agreement
3              within fourteen (14) days after the following quarter days namely the
4              last days of March June September and December in each year
5              (commencing with the quarter day next following the export date)
6              furnish to the Minister a return showing the quantity of all iron ore
7              and/or iron ore products on which royalty is payable hereunder and
8              shipped sold or used (as the case may be) during the quarter
9              immediately preceding the due date of the return, and also showing
10             such other information in relation to the abovementioned iron ore as
11             the Minister may from time to time reasonably require in regard to, and
12             to assist in verifying, the calculation of royalties in accordance with
13             Section 21.01, and shall not later than two (2) months after such due
14             date pay to the Minister the royalty payable in respect of such of the
15             iron ore products mentioned in Section 21.01 as are locally used and
16             will also pay to the Minister in respect of such of the said iron ore
17             products as are shipped or sold a sum on account of the royalty payable
18             hereunder calculated on the basis of:
19             (a)   in the case of iron ore initially sold at cost pursuant to the proviso
20                   to Section 21.05, at the price notified pursuant to paragraph (iii)
21                   of that proviso;
22             (b)   in any other case, invoices or provisional invoices (as the case
23                   may be) rendered by the Joint Venturers to the purchaser (which
24                   invoices the Joint Venturers shall render without delay
25                   simultaneously furnishing copies thereof to the Minister) of such
26                   iron ore or on the basis of estimates as agreed or determined,
27             and shall from time to time in the next following appropriate return and
28             payment make (by the return and by cash) all such necessary
29             adjustments (and give to the Minister full details thereof) when the
30             f.o.b. value shall have been finally calculated, agreed or determined."
31     (97)    deleting Section 21.04 (other than the heading) and substituting:
32             "The Joint Venturers will throughout the continuance of this Agreement
33             permit the Minister or his nominee at all reasonable times to inspect the
34             books, records, accounts, documents (including contracts), data and
35             information of the Joint Venturers stored by any means relating to any
36             shipment or sale of iron ore the subject of the royalty hereunder and to
37             take copies or extracts (in whatever form) therefrom and for the purpose


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1           of determining the f.o.b. value in respect of any shipment or sale of
2           iron ore the subject of the royalty hereunder the Joint Venturers will
3           take reasonable steps (either by the certificate of a competent
4           independent party acceptable to the Minister of otherwise to the
5           Minister's reasonable satisfaction) to satisfy the State as to the
6           correctness of all relevant weights assays and analyses and will give
7           due regard to any objection or representation made by the Minister or
8           his nominee as to any particular weight assay or analysis that may affect
9           the amount of royalty payable hereunder. The information obtained by
10          the Minister or his nominee as a result of any such inspection shall be
11          used only for the purposes of verifying the amount of royalty payable
12          by the Joint Venturers and for no other purpose and shall not be
13          disclosed by the State the Minister or his nominee to any other party
14          for any other purpose. The Joint Venturers shall cause to be produced
15          in Perth in the said State all books, records, accounts, documents
16          (including contracts), data and information of the kind referred to above
17          to enable the exercise of rights under this Section by the Minister or the
18          Minister's nominee, regardless of the location in which or by whom
19          those books, records, accounts, documents (including contracts), data
20          and information are stored from time to time."
21   (98)   inserting after Section 21.04 the following new Sections:
22          "SECTION 21.05       SHIPMENT AND PRICE FOR IRON ORE
23          The Joint Venturers may ship, or procure the shipment of, all iron ore
24          mined from the Mining Lease and sold:
25          (a)   from the Joint Venturers' wharf; or
26          (b)   from any other wharf in a loading port which wharf has been
27                constructed under an Integration Agreement; or
28          (c)   with the Minister's approval given before submission of
29                proposals in that regard, from any other wharf in a loading port
30                which wharf has been constructed under another Government
31                agreement (excluding the Integration Agreements),
32          and use their best endeavours to obtain therefor the best price possible
33          having regard to market conditions from time to time prevailing
34          PROVIDED THAT iron ore from the Mining Lease may be sold by the
35          Joint Venturers prior to or at the time of the shipment under this




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1              Agreement at a price equal to the production costs in respect of that
2              iron ore up to the point of sale, if:
3                    (i)     the Minister is notified before the time of shipment that the
4                            sale is to be made at cost providing details of the proposed
5                            sale; and
6                    (ii)    the Minister is notified of the proposed arm's length
7                            purchaser in the relevant international seaborne iron ore
8                            market of the iron ore the subject of the proposed sale at
9                            cost; and
10                   (iii)   there is included in the return lodged pursuant to
11                           Section 21.03 particulars of the transaction in which the
12                           ore sold at cost was subsequently purchased in the relevant
13                           international seaborne iron ore market by an arm's length
14                           purchaser specifying the purchaser, the seller, the price
15                           and the date when the sale was agreed between the arm's
16                           length purchaser and the seller; and
17                   (iv)    the arm's length purchaser referred to in subparagraph (iii)
18                           of the proviso above is not then a designated purchaser as
19                           referred to below.
20             If required by notice in writing from the Minister, the Joint Venturers
21             must provide the Minister within 30 days after receiving the notice with
22             evidence that the transaction as included in the return pursuant to
23             subparagraph (iii) of the proviso above was a sale in the relevant
24             international seaborne iron ore market to an independent participant in
25             that market. If no evidence is provided or the Minister is not so satisfied
26             on the evidence provided or other information obtained, the Minister
27             may by notice to the Joint Venturers designate the purchaser to be a
28             designated purchaser and that designation will remain in force unless
29             and until lifted by further notice from the Minister to the Joint
30             Venturers. For the avoidance of doubt and without limiting the
31             Minister's discretion above, the parties acknowledge that marketing
32             entities forming part of a corporate group that includes the majority
33             Joint Venturer (or part of a parallel corporate group if that Joint
34             Venturer is part of a dual-listed corporate structure) are not independent
35             participants for the purposes of this Section.




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1            SECTION 21.06         ACKNOWLEDGEMENT OF POTENTIAL
2                                  LEGISLATION TO TRANSFER THE
3                                  ADMINISTRATION OF ROYALTIES
4            The Joint Venturers acknowledge that the State intends to sponsor
5            legislation to facilitate the transfer of the State's collection and
6            administration of royalties and additional rent payable under
7            Government agreements relating to mining (including this Agreement)
8            to the Commissioner for State Revenue and the intention that this
9            Agreement, to the extent of such collection and administration matters,
10           will be subject to any such legislation without the need for a further
11           variation to this Agreement."
12    (99)   deleting "Secondary Processing" in PART IV and substituting "Further
13           Processing";
14   (100)   deleting Clause XXIII and substituting the following:
15                                  "CLAUSE XXIII
16           SECTION 23.01         LIMITS ON MINING           The Joint Venturers
17           shall not produce more than fifty million (50,000,000) tonnes of iron
18           ore per annum for transportation from the Mining Lease without the
19           prior consent of the Minister and approval of detailed proposals in
20           regard thereto in accordance with Sections 23.02 and 23.04.
21           SECTION 23.02         INCREASE OF ANNUAL TONNAGE
22           (a)   If the Joint Venturers desire to increase the annual tonnage
23                 beyond that specified in Sections 23.01 they shall give notice
24                 thereof to the Minister and furnish to the Minister with that notice
25                 an outline of its proposals in respect thereto (including the
26                 matters mentioned in Section 5.02).
27           (b)   The Minister shall within one (1) month of a notice under
28                 paragraph (a) of this Section advise the Joint Venturers whether
29                 or not he approves in principle the proposed increase. An
30                 approval by the Minister under this paragraph may be given
31                 subject to conditions including a condition requiring variations
32                 of or additions to this Agreement PROVIDED THAT any such
33                 condition shall not without the consent of the Joint Venturers
34                 require variations of:
35                 (i)   the term of the Mining Lease or the rental thereunder;


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1                     (ii)    the rentals payable under any other lease, licence,
2                             easement or other title to land hereunder;
3                     (iii)   the rates of or method of calculating royalty;
4                     (iv)    the provisions of paragraph (g) of Section 9A.05; or
5                     (v)     the provisions of Sections 23.06 to 23.12 inclusive.
6               SECTION 23.03         PRODUCTION OF MORE THAN 70 MILLION
7               TONNES The Joint Venturers shall not seek approval in principle to
8               proposals in regard to the production of more than seventy million
9               (70,000,000) tonnes of iron ore per annum for transportation from the
10              Mining Lease unless the Minister in accordance with Section 23.09 has
11              approved or is deemed to have approved proposals submitted under
12              Section 23.07 for the establishment within the State of plant for the
13              production of metallised agglomerates or under Section 23.11 or an
14              alternative project in lieu of the Joint Venturers' obligations in respect
15              of the establishment of plant for the production of metallised
16              agglomerates under this Clause or unless the Minister otherwise agrees
17              for the purpose of this Section to receive a notice under paragraph (a)
18              of Section 23.02.
19              SECTION 23.04          DETAILED PROPOSALS
20              (a)   If the Minister approves in principle a proposed increase the Joint
21                    Venturers must within three (3) months of that approval submit
22                    to the Minister detailed proposals in respect thereof in
23                    accordance with any conditions of that approval otherwise that
24                    approval shall lapse.
25              (b)   The provisions of paragraphs (b) to (e) (inclusive) of
26                    Section 7.01 and Section 7.02 shall apply to detailed proposals
27                    submitted pursuant to this Section.
28              SECTION 23.05         INCREASE         OF        MINE        TONNAGE
29              Any proposal under Sections 23.01 to 23.04 to increase the annual
30              tonnage to be produced shall specify the proposed increase and on and
31              after approval or determination of any such proposal pursuant to
32              paragraph (b) of Section 23.04 the provisions of Section 23.01 to 23.05
33              shall apply mutatis mutandis to the increased tonnage and also to any
34              subsequent desires of the Joint Venturers for an increase in the tonnage.
35              SECTION 23.06       FURTHER PROCESSING             During      the
36              continuance of this Agreement, the Joint Venturers shall undertake

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1          ongoing investigations into the technical and economic feasibility of
2          establishing within the said State plant for the production of metallised
3          agglomerates and shall on or before the earlier of:
4         (a)    the date seven (7) years after the date on which iron ore from the
5                Mining Lease (other than iron ore transported solely for testing
6                purposes and in respect of which no purchase price or other
7                consideration is payable or due) is first transported from the
8                Mining Lease; and
9         (b)    the date on which the two hundred and ten millionth
10               (210,000,000) tonne of such iron ore (or such additional tonnage
11               as the Minister may approve) from the Mining Lease is
12               transported from the Mining Lease,
13         submit to the Minister detailed reports of such investigations to the date
14         of the report and its program, budget and timetable for the preparation
15         of the proposals referred to in Section 23.07.
16         SECTION 23.07        DETAILED PROPOSALS             The Joint Venturers
17         shall:
18        (a)    on or before the earlier of:
19               (i)    the date ten (10) years after the date on which iron ore from
20                      the Mining Lease (other than iron ore transported solely
21                      for testing purposes and in respect of which no purchase
22                      price or other consideration is payable or due) is first
23                      transported from the Mining Lease; and
24               (ii)   the date on which the three hundred millionth
25                      (300,000,000) tonne of such iron ore (or such additional
26                      tonnage as the Minister may approve) from the Mining
27                      Lease is transported from the Mining Lease (which date is
28                      hereinafter called "the m.a. date"); or
29        (b)    if proposals under this Section are postponed for a three (3) year
30               period pursuant to Section 23.08, on or before the third or
31               subsequent third anniversary as the case may require of the m.a.
32               date,
33               submit to the Minister detailed proposals for the establishment
34               within the said State of plant for the production of metallised
35               agglomerates containing provisions that such plant will within
36               three (3) years of the date on which the proposals are submitted

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1                     have the capacity to produce not less than four million
2                     (4,000,000) tonnes of metallised agglomerates per annum and
3                     will within eight (8) years of the date on which the proposals are
4                     submitted have the capacity to produce not less than six million
5                     (6,000,000) tonnes of metallised agglomerates per annum.
6                     SECTION 23.08          DEFERRAL
7               (a)   If the Joint Venturers believe that the submission of proposals
8                     pursuant to Section 23.07 on the m.a. date or a third anniversary
9                     of the m.a. date where a three (3) year postponement has been
10                    allowed pursuant to this Section should be postponed because the
11                    establishment of the said plant is not then economically feasible,
12                    the Joint Venturers may apply to the Minister not more than six
13                    (6) months nor less than three (3) months before the date for
14                    submission of those proposals for postponement for a period of
15                    three (3) years of the date for submission of proposals under
16                    Section 23.07 and shall provide to the Minister with such
17                    application all relevant information and supporting data available
18                    to the Joint Venturers relating to such application.
19              (b)   The Joint Venturers shall supply to the Minister such other
20                    information and data as the Minister may reasonably require in
21                    relation to its application.
22              (c)   If the Minister is satisfied that there are reasonable grounds for
23                    the postponement applied for the requirement on the Joint
24                    Venturers to submit proposals under this Section shall be
25                    postponed for a period of three (3) years.
26              (d)   If the Minister notifies the Joint Venturers that he does not agree
27                    with their submission then at the request of the Joint Venturers
28                    made within two (2) months after receipt of the Joint Venturers
29                    of the notification from the Minister, the Minister will appoint a
30                    tribunal (hereinafter called "the Tribunal") consisting of one
31                    person if the Joint Venturers and the State agree on that person
32                    or, failing such agreement consisting of three persons (one of
33                    whom shall be a Judge of the Supreme Court of Western
34                    Australia or failing him or her a Commissioner appointed
35                    pursuant to section 49 of the Supreme Court Act 1935 (WA) or a
36                    Senior Counsel and the others of whom shall have appropriate
37                    technical or economic qualifications) to decide in accordance
38                    with Clause XXXII whether or not the metallising operation is

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1                feasible and the Tribunal in reaching its decision shall take into
2                account (inter alia) the Joint Venturer's submission, the amount
3                of capital required for the metallising operation, the availability
4                of that capital at that time on reasonable terms and conditions,
5                the likelihood of the Joint Venturers being able to sell metallised
6                agglomerates at sufficient prices and in sufficient quantities and
7                for a sufficient period to justify the metallising operation having
8                regard to the amount and rate of return on total funds that would
9                be involved in or in connection with the production and sale of
10               metallised agglomerates and the weighted average cost of capital
11               to the Joint Venturers.
12         SECTION 23.09          APPROVED PROPOSALS BY MINISTER The
13         Minister shall within two (2) months of receipt of proposals under
14         Section 23.07 give to the Joint Venturers notice of his approval of those
15         proposals (which approval shall not be unreasonably withheld) or of
16         any objections raised or alterations desired thereto, and in the latter case
17         shall afford the Joint Venturers an opportunity to consult with and to
18         submit new proposals to the Minister. If within two (2) months of
19         receipt of such notice agreement is not reached as to the proposals, the
20         Joint Venturers may within a further period of two (2) months elect by
21         notice to the State to refer to arbitration as provided in Clause XXXII
22         any dispute as to the reasonableness of the Minister's decision. If by
23         the award on arbitration the question is decided in favour of the Joint
24         Venturers the Minister shall be deemed to have approved the proposals
25         of the Joint Venturers.
26         SECTION 23.10         COMPLETION OF CONSTRUCTION OF
27         PLANT        The Joint Venturers shall (except to the extent otherwise
28         agreed with the Minister) before the end of the respective times
29         specified in Section 23.07 complete the construction of plant in
30         accordance with the Joint Venturers' proposals as finally approved or
31         determined under this Clause and shall thereafter continue to produce
32         metallised agglomerates from such plant at not less than the rates
33         provided for in Section 23.07 for so long as the Joint Venturers
34         continues to ship from the said State iron ore from the Mining Lease.
35         SECTION 23.11          ACCEPTANCE          OF     AN     ALTERNATIVE
36         PROJECT
37        (a)    The Joint Venturers may at any time before the time for
38               submission of proposals pursuant to Section 23.07 apply to the


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1                     Minister for approval that an alternative project be accepted by
2                     the State in lieu of all or some part of the Joint Venturers'
3                     obligations in respect of the establishment of plant for the
4                     production of metallised agglomerates pursuant to this Clause.
5               (b)   Where the Minister approves an application under paragraph (a)
6                     of this Section the Joint Venturers shall implement or cause to be
7                     implemented as the case may be the alternative project in
8                     accordance with that approval and upon completion thereof, or
9                     earlier with the agreement of the Minister, the provisions of
10                    Section 23.07 or that part of those provisions which pursuant to
11                    the said approval are to be satisfied by the alternative project
12                    shall cease to apply PROVIDED FURTHER that the provisions
13                    of Section 23.07 shall cease to apply upon completion of an
14                    alternative project which represents, or alternative projects which
15                    together represent, economic development in the said State
16                    (either alone or in the aggregate with other alternative projects)
17                    of value approximately equivalent to a plant for the production
18                    of four million (4,000,000) tonnes of metallised agglomerates per
19                    annum.
20              (c)   For the purposes of this Section "alternative project" means:
21                    (i)     a project to establish and operate within the said State plant
22                            for the production of metallised agglomerates;
23                    (ii)    a project to establish and operate within the said State plant
24                            which processes and adds value to minerals mined in the
25                            said State; or
26                    (iii)   any other project within the said State which the Minister
27                            approves as providing as equivalent benefits to the State to
28                            a project to establish and operate within the said State plant
29                            for the production of metallised agglomerates,
30                    to be undertaken by:
31                    (iv)    the Joint Venturers (excluding a project referred to in
32                            subparagraph (i)): or
33                    (v)     a related body corporate or related bodies corporate
34                            (within the meaning of the Corporations Act 2001
35                            (Commonwealth) of a Joint Venturer solely or in
36                            conjunction with a Joint Venturer; or


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1                  (vi)   a joint venture in which a Joint Venturer or its related body
2                         corporate has a majority participating interest; or
3                  (vii) any other third person or persons which the Joint Venturers
4                        and the Minister accept as having the requisite financial
5                        and technical capacity and expertise to undertake solely,
6                        or in conjunction with the Joint Venturers, the relevant
7                        project referred to in subparagraph (i), (ii) or (iii)."
8    (101)   deleting Section 25.04 and substituting the following:
9            "SECTION 25.04        ASSIGNMENT
10           (a)   Subject to the provisions of this Section a Joint Venturer may at
11                 any time assign, mortgage, charge, sublet or dispose of to any
12                 person with the consent of the Minister (save that for a twelve
13                 (12) month period commencing on the variation date a Joint
14                 Venturer may assign to an associated company as of right) the
15                 whole or any part of the rights of the Joint Venturer hereunder
16                 (including its rights to or as the holder, together with the other
17                 Joint Venturers, of the Mining Lease or any other lease, licence,
18                 easement, or other title) and of the obligations of the Joint
19                 Venturer hereunder subject however in the case of an assignment,
20                 subletting or disposition to the assignee, sublessee or disponee
21                 (as the case may be) executing in favour of the State (unless the
22                 Minister otherwise determines) a Deed of Covenant in a form to
23                 be approved by the Minister to comply with, observe and perform
24                 the provisions hereof on the part of the Joint Venturer to be
25                 complied with, observed or performed in regard to the matter or
26                 matters the subject of such assignment, subletting or disposition.
27           (b)   Notwithstanding anything contained in or anything done under
28                 or pursuant to paragraph (a) the Joint Venturer will at all times
29                 during the currency of this Agreement be and remain liable for
30                 the due and punctual performance and observance of all the
31                 covenants and agreements on its part contained in this Agreement
32                 and in the Mining Lease or any other lease, licence, easement or
33                 other title the subject of an assignment, mortgage, subletting or
34                 disposition under paragraph (a) PROVIDED THAT the Minister
35                 may agree to release the Joint Venturer from such liability where
36                 the Minister considers such release will not be contrary to the
37                 interests of the State.


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1               (c)   Notwithstanding the provisions of the Mining Act 1978, the
2                     LAA, the Transfer of Land Act or any other Act, insofar as the
3                     same or any of them may apply:
4                     (i)    no assignment, mortgage, charge, sublease or disposition
5                            made or given pursuant to this Section of or over the
6                            Mining Lease or any other lease, licence, easement or
7                            other title granted under or pursuant to this Agreement or
8                            held pursuant to this Agreement in accordance with the
9                            provisions of paragraph (a) and the terms of consent
10                           thereunder; and
11                    (ii)   no transfer, assignment, mortgage or sublease made or
12                           given in exercise of any power contained in any such
13                           mortgage or charge,
14                    shall require any approval or consent other than such consent as
15                    may be necessary under paragraph (a) and no equitable mortgage
16                    or charge shall be rendered ineffectual by the absence of any
17                    approval or consent (otherwise than as required by this Section)
18                    or because the same is not registered under the provisions of the
19                    Mining Act 1978."
20    (102)     deleting Section 25.05 (other than the heading) and substituting "Not
21              used.";
22    (103)     deleting Section 25.06 (other than the heading) and substituting "Not
23              used.";
24    (104)     in Section 25.07 by:
25              (a)   deleting "Sections 13.02," and substituting "Section"; and
26              (b)   deleting ", 16.05 and 17.02 and (unless and until the townsite
27                    concerned is declared a townsite pursuant to Section 10 of the
28                    Land Act) under item (v) of Section 18.01 (a)";
29    (105)     inserting after Section 25.07 the following new Sections:
30              "SECTION 25.08 SUBCONTRACTING                             Without
31              affecting the liabilities of the parties under this Agreement each of the
32              State and the Joint Venturers will have the right from time to time to
33              entrust to third parties the carrying out of any portions of the activities
34              which it is authorised or obliged to carry out hereunder.


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1            SECTION 25.09          PROVISION OF CERTAIN INFORMATION
2                                   RELATING TO PROPOSALS AND OTHER
3                                   MATTERS
4            The Joint Venturers shall:
5            (a)   provide spatial information relating to proposals and other
6                  relevant matters submitted or otherwise notified under this
7                  Agreement in a form that can be accessed, viewed and uploaded
8                  into a geographic information system (for example, by the
9                  provision of shapefiles); and
10           (b)   at the request of the Minister, promptly provide 'as constructed'
11                 drawings of works, installations or facilities constructed or
12                 modified pursuant to this Agreement,
13           and without limiting any other Sections of this Agreement, which
14           information will be provided on a confidential basis to the State.
15           SECTION 25.10           ACCESS BY MINISTER               Subject       to
16           compliance with reasonable safety requirements, the Joint Venturers
17           will permit and facilitate the Minister and any other officer or person
18           authorised by him to enter upon any land and access any works,
19           installation or facility for the purpose of making any survey, inspection
20           or examination relating to the administration or purposes of this
21           Agreement."
22   (106)   in Section 26.01 by:
23           (a)   in paragraph (a) after the words "or other document of title",
24                 inserting "granted under or pursuant to, or held pursuant to, this
25                 Agreement"; and
26           (b)   in paragraph (d) by:
27                 (i)     deleting "mineral lease" and substituting "Mining Lease";
28                 (ii)    deleting "under any lease licence easement" and
29                         substituting "under the Mining Lease and any other lease
30                         licence easement"; and
31                 (iii)   after the words "pursuant hereto" inserting the words "or
32                         held pursuant hereto";




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1     (107)     in Section 26.04 by deleting "occupied by the Joint Venturers" and
2               substituting "the subject of any lease licence easement or other title
3               granted under or pursuant to, or held pursuant to, this Agreement";
4     (108)     in Section 26.05 by:
5               (a)   in paragraph (a):
6                     (i)     deleting "mineral lease" and substituting "Mining Lease";
7                     (ii)    deleting "Crown Grant" and substituting "grant";
8                     (iii)   deleting "Land Act" and substituting "LAA"; and
9               (b)   in paragraph (c) deleting "work research surveys and
10                    reconnaissance" and substituting "studies and investigations";
11    (109)     in Section 26.06 by:
12              (a)   after the words "Upon cessation of this Agreement" inserting the
13                    words "(and, for the avoidance of doubt, subject to the EP Act
14                    and Section 9AB.01)";
15              (b)   deleting "mineral lease" and substituting "Mining Lease";
16              (c)   after the words "grant made hereunder" inserting the words "or
17                    pursuant hereto"; and
18              (d)   deleting "and including also the Joint Venturers' wharf";
19    (110)     in Section 26.07 by deleting "and the Joint Venturers' wharf";
20    (111)     in Section 27.01 by inserting after the full stop the sentence "As a
21              separate independent indemnity the Joint Venturers will indemnify and
22              keep indemnified the State and its servants agents and contractors in
23              respect of all actions suits claims demands or costs of third parties
24              arising out of or in connection with any use, making available for use
25              or other activities of the Joint Venturers as referred to in
26              Section 9A.03."
27    (112)     deleting Section 28.01 (other than the heading) and substituting the
28              following:
29              "The parties to this Agreement may from time to time by agreement in
30              writing add to, substitute for, cancel or vary all or any of the provisions
31              of this Agreement for the purpose of more efficiently or satisfactorily
32              implementing or facilitating any of the objects of this Agreement."

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1    (113)   deleting Section 28.02 and substituting the following:
2            "SECTION 28.02 TABLING OF AGREEMENT                         The Minister
3            shall cause any agreement made pursuant to Section 28.01 in respect of
4            any addition, substitution, cancellation or variation of the provisions of
5            this Agreement to be laid on the Table of each House of Parliament
6            within 12 sitting days next following its execution."
7    (114)   inserting after Section 28.02 the following new Section:
8            "SECTION 28.03 OPERATIONAL DATE                           Either House
9            may, within twelve (12) sitting days of that House after the agreement
10           has been laid before it, pass a resolution disallowing the agreement, but
11           if after the last day on which the agreement might have been disallowed
12           neither House has passed such a resolution the agreement shall have
13           effect from and after that last day."
14   (115)   deleting Section 29.01 and substituting the following:
15           "SECTION 29.01         MINISTER MAY VARY PERIODS OR DATES
16           (a)   Notwithstanding any other provision of this Agreement the
17                 Minister may at the request of the Joint Venturers from time to
18                 time vary or further vary any period or date referred to in this
19                 Agreement as the Minister thinks fit whether or not the period or
20                 date to be varied has expired or passed.
21           (b)   The dates specified in Sections 5.02 and 6A.01 for the
22                 submission of proposals (and the corresponding date in
23                 Section 6.07) may only be extended once pursuant to this Section
24                 and for a period not exceeding twenty four (24) months."
25   (116)   in Section 30.01 by:
26           (a)   deleting "Civil" and substituting "Public"; and
27           (b)   renumbering the existing Section 30.01 as paragraph (a) and then
28                 inserting the following new paragraph:
29           "(b) Paragraph (a) does not preclude the parties providing notices,
30                consents or other writings required by this Agreement by
31                electronic means in accordance with a protocol agreed from time
32                to time by the parties."




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                    amended

     s. 9


1     (117)     inserting after Section 30.01 the following new Clause:
2                                      "CLAUSE XXXA
3               SECTION 30A.01 CONSULTATION                        The Joint Venturers
4               must during the currency of this Agreement keep the State fully
5               informed on a confidential basis concerning any action the Joint
6               Venturers propose to take with any third party (including the
7               Commonwealth or any Commonwealth constituted agency, authority,
8               instrumentality or other body) which might significantly affect the
9               overall interest of the State under this Agreement."
10    (118)     in Section 31.02 by        deleting   "Year    7"   and    substituting
11              "17 October 2022";
12    (119)     in Section 32.01 by:
13              (c)   deleting "an umpire" and substituting "a third and presiding
14                    arbitrator"; and
15              (d)   deleting "Arbitration Act 1895" and substituting "Commercial
16                    Arbitration Act 2012 (WA)";
17    (120)     in Section 32.02 by deleting each occurrence of "and the umpire";
18    (121)     inserting after Section 32.02 the following new Clause:
19                                     "CLAUSE XXXIIA
20              SECTION 32A.01 TERM OF AGREEMENT                    Subject to the
21              provisions of Section 6.07, Section 8.01 and Clause XXVI, this
22              Agreement shall expire on the expiration or sooner determination or
23              surrender of the Mining Lease."
24    (122)     in Section 33.01 by:
25              (a)   inserting in the heading after the words "APPLICABLE LAW"
26                    the words "AND SUBMISSION TO JURISDICTION"; and
27              (b)   inserting before the full stop the words "and, except for matters
28                    to be referred to arbitration pursuant to this Agreement, the
29                    parties submit to the jurisdiction of the courts of Western
30                    Australia in relation to any action or proceeding to settle any
31                    dispute or question arising out of or in connection with this
32                    Agreement";


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                       Iron Ore Agreements Legislation Amendment Bill 2024
      Iron Ore (Rhodes Ridge) Agreement Authorisation Act 1972      Part 2
                                                     amended

                                                                                   s. 9


1    (123)    deleting The Schedule and substituting the following new Schedule:
2                                   "THE SCHEDULE
3                                WESTERN AUSTRALIA
4                                 MINING ACT 1978
5            IRON ORE (RHODES RIDGE) AGREEMENT AUTHORISATION
6                                 ACT 1972
7                                    MINING LEASE
8

9             MINING LEASE NO:
10            The Minister for Mines a corporation sole established by the Mining
11            Act 1978 (WA) with power to grant leases of land for the purposes of
12            mining in consideration of the rents hereinafter reserved and of the
13            covenants on the part of the Lessee described in the First Schedule to
14            this lease and of the conditions hereinafter contained and pursuant to
15            the Mining Act 1978 (WA) (except as otherwise provided by the
16            Agreement (hereinafter called "the Agreement") described in the
17            Second Schedule to this lease) hereby leases to the Lessee the land
18            more particularly delineated and described in the Third Schedule to this
19            lease for iron ore subject however to the exceptions and reservations
20            set out in the Fourth Schedule to this lease and to any other exceptions
21            and reservations which subject to the Agreement are by the Mining
22            Act 1978 (WA) and by any Act for the time being in force deemed to
23            be contained herein to hold to the Lessee this lease for a term of twenty
24            one years commencing on the date set out in the Fifth Schedule to this
25            lease (subject to the sooner determination of the said term upon the
26            cessation or determination of the Agreement) upon and subject to such
27            of the provisions of the Mining Act 1978 (WA) except as otherwise
28            provided by the Agreement as are applicable to mining leases granted
29            thereunder and to the terms covenants and conditions set out in the
30            Agreement and to the covenants and conditions herein contained or
31            implied and any further conditions or endorsements set out in the Sixth
32            Schedule to this lease or hereinafter endorsed hereon the Lessee paying
33            therefor the rents for the time being and from time to time prescribed
34            pursuant to the provisions of the Mining Act 1978 (WA) at the times
35            and in the manner so prescribed and royalties as provided in the
36            Agreement with the right during the currency of the Agreement and in

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     Iron Ore Agreements Legislation Amendment Bill 2024
     Part 2         Iron Ore (Rhodes Ridge) Agreement Authorisation Act 1972
                    amended

     s. 9


1               accordance with the provisions of the Agreement to take three (3)
2               successive renewals of the term each for a further period of twenty one
3               (21) years upon the same terms and conditions as the previous term and
4               to apply to the Minister for one (1) further renewal for a period up to
5               twenty one (21) years upon such terms and conditions as the Minister
6               for Mines determines subject to the sooner determination of the term
7               upon cessation or determination of the Agreement PROVIDED
8               ALWAYS that this lease shall not be determined or forfeited otherwise
9               than in accordance with the Agreement.
10              In this lease:
11              - "Lessee" includes the successors and permitted assigns of the
12                Lessee.
13              - If the Lessee be more than one the liability of the Lessee hereunder
14                shall be joint and several.
15              - Reference to an Act includes all amendments to that Act for the time
16                being in force and also any Act passed in substitution therefor or in
17                lieu thereof and to the regulations and by-laws for the time being in
18                force thereunder.
19              - Reference to "the Agreement" means such Agreement as from time
20                to time added to, varied or amended.

21                                  FIRST SCHEDULE
22              HAMERSLEY RESOURCES LIMITED ACN 004 887 656 of
23              Level 18, Central Park, 152-158 St Georges Terrace, Perth, Western
24              Australia
25              WRIGHT PROSPECTING PTY LTD ACN 008 677 021 of Suite 3,
26              Level 1, 254 Rokeby Road, Subiaco, Western Australia

27                                SECOND SCHEDULE
28              The Agreement authorised by and as scheduled to the Iron Ore (Rhodes
29              Ridge) Agreement Authorisation Act 1972, as from time to time added
30              to, varied or amended.




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                      Iron Ore Agreements Legislation Amendment Bill 2024
     Iron Ore (Rhodes Ridge) Agreement Authorisation Act 1972      Part 2
                                                    amended

                                                                                  s. 9


1                              THIRD SCHEDULE
2          (Description of land:)
3          Locality:
4          Mineral Field:                                           Area, etc.:
5          Being the land delineated on Survey Diagram No.       and recorded
6          in the Department of Energy, Mines, Industry Regulation and Safety,
7          Perth.

8                             FOURTH SCHEDULE
9          All petroleum as defined in the Petroleum and Geothermal Energy
10         Act 1967 (WA) on or below the surface of the land the subject of this
11         lease is reserved to the Crown in right of the State of Western Australia
12         with the right of the Crown in right of the State of Western Australia
13         and any person lawfully claiming thereunder or otherwise authorised to
14         do so to have access to the land the subject of this lease for the purpose
15         of searching for and for the operations of obtaining petroleum (as so
16         defined) in any part of the land.

17                             FIFTH SCHEDULE
18         (Date of commencement of the lease).

19                             SIXTH SCHEDULE
20                     ENDORSEMENTS AND CONDITIONS
21         Endorsements
22         [Such endorsements which the Minister for Mines may, consistent with
23         the provisions of the Agreement, determine and impose in respect of
24         this lease including during the term of the Agreement]
25         Conditions
26         [Such conditions which the Minister for Mines may, consistent with the
27         provisions of the Agreement, determine and impose in respect of this
28         lease including during the term of the Agreement]


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     Part 2         Iron Ore (Rhodes Ridge) Agreement Authorisation Act 1972
                    amended

     s. 9


1               IN witness whereof the Minister for Mines has affixed his seal and set
2               his hand hereto
3               this        day of                 20      "
4    (124) inserting after The Schedule the following new Schedules:
5                                 "SECOND SCHEDULE
6                                WESTERN AUSTRALIA
7                                     MINING ACT 1978
8           IRON ORE (RHODES RIDGE) AGREEMENT AUTHORISATION
9                                    ACT 1972
10   MISCELLANEOUS LICENCE FOR A RAILWAY AND OTHER PURPOSES
11

12              No. MISCELLANEOUS LICENCE [ ]
13              WHEREAS by the Agreement (hereinafter called "the Agreement")
14              authorised by and scheduled to the Iron Ore (Rhodes Ridge) Agreement
15              Authorisation Act 1972, as from time to time added to, varied or
16              amended, the State agreed to grant to [       ] (hereinafter with their
17              successors and permitted assigns called "the Joint Venturers") a
18              miscellaneous licence for the construction operation and maintenance
19              of a Railway (as defined in Section 9A.05(1) of the Agreement and
20              otherwise as provided in the Agreement) and, if applicable, other
21              purposes AND WHEREAS the Joint Venturers pursuant to
22              Section 9A.05(f)(i) of the Agreement have made application for the
23              said licence;
24              NOW in consideration of the rents reserved by and the provisions of
25              the Agreement and in pursuance of the Iron Ore (Rhodes Ridge)
26              Agreement Authorisation Act 1972, as from time to time added to,
27              varied or amended, the Joint Venturers are hereby granted by this
28              licence authority to conduct on the land the subject of this licence as
29              more particularly delineated and described from time to time in the
30              Schedule hereto all activities (including the taking of stone, sand, clay
31              and gravel, the provision of temporary accommodation facilities for the
32              railway workforce in accordance with the Agreement and, subject to
33              the Rights in Water and Irrigation Act 1914 (WA), the operation of
34              water bores) necessary for the planning, design, construction,

     page 114
                      Iron Ore Agreements Legislation Amendment Bill 2024
     Iron Ore (Rhodes Ridge) Agreement Authorisation Act 1972      Part 2
                                                    amended

                                                                                s. 9


1          commissioning, operation and maintenance on the land the subject of
2          this licence of the Railway and Additional Infrastructure (as defined in
3          Section 9A.05(1) of the Agreement) and access roads to be located on
4          the land the subject of this licence in accordance with the provisions of
5          the Agreement and proposals approved under the Agreement, for the
6          term of fifty (50) years from the date hereof (subject to the sooner
7          determination of the term upon the determination of the Agreement)
8          and upon and subject to the terms covenants and conditions set out in
9          the Agreement and the Mining Act 1978 (WA) as it applies to this
10         licence, and any amendments to the Agreement and the Mining
11         Act 1978 (WA) from time to time and to the terms and conditions (if
12         any) now or hereafter endorsed hereon and the payment of rentals in
13         respect of this licence in accordance with Section 9A.05(f)(i)(A) of the
14         Agreement PROVIDED ALWAYS that this licence shall not be
15         determined or forfeited otherwise than in accordance with the
16         Agreement.
17         In this licence:
18        - If the Joint Ventures be more than one the liability of the Joint
19          Venturers hereunder shall be joint and several.
20        - Reference to an Act includes all amendments to that Act for the time
21          being in force and also any Act passed in substitution therefore or in
22          lieu thereof and to the regulations and by-laws of the time being in
23          force thereunder.
24        - Reference to "the Agreement" means such agreement as from time
25          to time added to, varied or amended.
26        - The terms "approved proposals", "Railway", "Railway Operation
27          Date", and "Railway spur line" have the meanings given in the
28          Agreement.
29                   ENDORSEMENTS AND CONDITIONS
30         Endorsements
31         1.   This licence is granted in accordance with proposals submitted on
32               [ ], and approved by the Minister (as defined in the Agreement)
33               on [ ], under the Agreement.
34         2.   The Joint Venturers are permitted to, in accordance with approved
35               proposals, take stone, sand, clay and gravel from the land the

                                                                         page 115
     Iron Ore Agreements Legislation Amendment Bill 2024
     Part 2         Iron Ore (Rhodes Ridge) Agreement Authorisation Act 1972
                    amended

     s. 9


1                    subject of this licence for the construction, operation and
2                    maintenance of the Railway (including any Railway spur line)
3                    constructed within or approved for construction within the area
4                    of land the subject of this licence.
5               3.   Notwithstanding the Mining Act 1978 (WA), no royalty shall be
6                    payable under the Mining Act 1978 (WA) in respect of stone,
7                    sand, clay and gravel which the Joint Venturers are permitted by
8                    the Agreement to obtain from the land the subject of this licence.
9               4.   [Any further endorsement which the Minister for Mines may,
10                    consistent with the provisions of the Agreement, determines and
11                    thereafter impose in respect of this licence including during the
12                    term of the Agreement.]
13              Conditions
14              1.   (a)   Except as provided in paragraph (b), the Joint Venturers
15                         shall within 2 years after the Railway Operation Date
16                         surrender in accordance with the provisions of the Mining
17                         Act 1978 (WA) the area of this licence down to a maximum
18                         of 100 metres width or as otherwise approved by the
19                         Minister (as defined in the Agreement) for the safe operation
20                         of the Railway then constructed or approved for
21                         construction under approved proposals.
22                   (b)   Paragraph (a) shall not apply to land the subject of this
23                         licence that was included in this licence pursuant to
24                         Section 9A.05(f)(viii) or Section 9A.05(f)(ix) of the
25                         Agreement.
26              2.   The Joint Venturers shall as soon as possible after the construction
27                    of a Railway spur line or of an expansion or extension thereof as
28                    the case may be surrender in accordance with the Mining
29                    Act 1978 (WA) the land the subject of this licence that was
30                    included in this licence pursuant to Section 9A.05(viii) of the
31                    Agreement for the purpose of such construction down to a
32                    maximum of 100 metres in width or as otherwise approved by the
33                    Minister (as defined in the Agreement) for the safe operation of
34                    that Railway spur line or expansion or extension thereof as the
35                    case may be then constructed or approved for construction under
36                    approved proposals.


     page 116
                      Iron Ore Agreements Legislation Amendment Bill 2024
     Iron Ore (Rhodes Ridge) Agreement Authorisation Act 1972      Part 2
                                                    amended

                                                                               s. 9


1          3.    [Any further conditions which the Minister for Mines may,
2                 consistent with the provisions of the Agreement, determines and
3                 thereafter impose in respect of this licence including during the
4                 term of the Agreement.]

5                                  SCHEDULE
6          Land description
7          Locality:
8          Mineral Field
9          Area:
10

11         DATED at Perth this                       day of                      .
12         MINISTER FOR MINES

13                               THIRD SCHEDULE
14                            WESTERN AUSTRALIA
15                             MINING ACT 1978
16      IRON ORE (RHODES RIDGE) AGREEMENT AUTHORISATION
17                           ACT 1972
18      MISCELLANEOUS LICENCE FOR A LATERAL ACCESS ROAD
19

20         No.         MISCELLANEOUS LICENCE [ ]
21         WHEREAS by the Agreement (hereinafter called "the Agreement")
22         authorised by and as scheduled to the Iron Ore (Rhodes Ridge)
23         Agreement Authorisation Act 1972, as from time to time added to,
24         varied or amended, the State agreed to grant to [   ] (hereinafter
25         with their successors and permitted assigns called "the Joint
26         Venturers") a miscellaneous licence for the construction use
27         and maintenance of a Lateral Access Road (as defined in the
28         Agreement) AND WHEREAS the Joint Venturers pursuant to



                                                                         page 117
     Iron Ore Agreements Legislation Amendment Bill 2024
     Part 2         Iron Ore (Rhodes Ridge) Agreement Authorisation Act 1972
                    amended

     s. 9


1               Section 9A.05(f)(i)(B) of the Agreement have made application for the
2               said licence;
3               NOW in consideration of the rents reserved by and the provisions of
4               the Agreement and in pursuance of the Iron Ore (Rhodes Ridge)
5               Agreement Authorisation Act 1972, as from time to time added to,
6               varied or amended, the Joint Venturers are hereby authorised to
7               construct use and maintain a road on the land more particularly
8               delineated and described from time to time in the Schedule hereto in
9               accordance with the provisions of the Agreement and proposals
10              approved under the Agreement for a term of four (4) years commencing
11              on the date hereof (subject to the sooner determination of the term upon
12              the cessation or determination of the Agreement) and for the purposes
13              and upon and subject to the terms covenants and conditions set out in
14              the Agreement and the Mining Act 1978 (WA) as it applies to this
15              licence, and any amendments to the Agreement and the Mining
16              Act 1978 (WA) from time to time and to the terms and conditions (if
17              any) now or hereafter endorsed hereon and the payment of rentals in
18              respect of this licence in accordance with Section 9A.05(f)(i)(B) of the
19              Agreement PROVIDED ALWAYS that this licence shall not be
20              determined or forfeited otherwise than in accordance with the
21              Agreement.
22              In this licence:
23              - If the Joint Venturers be more than one the liability of the Joint
24                Venturers hereunder shall be joint and several.
25              - Reference to an Act includes all amendments to that Act for the time
26                being in force and also any Act passed in substitution therefore or in
27                lieu thereof and to the regulations and by-laws of the time being in
28                force thereunder.
29              - Reference to "the Agreement" means such agreement as from time
30                to time added to, varied or amended.
31                        ENDORSEMENTS AND CONDITIONS
32              Endorsements
33              1.   This licence is granted in accordance with proposals submitted on
34                    [ ], and approved by the Minister (as defined in the Agreement)
35                    on [ ], under the Agreement.


     page 118
                      Iron Ore Agreements Legislation Amendment Bill 2024
     Iron Ore (Rhodes Ridge) Agreement Authorisation Act 1972      Part 2
                                                    amended

                                                                               s. 9


1          2.    [Any further endorsement which the Minister for Mines may,
2                 consistent with the provisions of the Agreement, determines and
3                 thereafter impose in respect of this licence including during the
4                 term of the Agreement.]
5          Conditions
6          [Such conditions which the Minister for Mines may, consistent with
7          the provisions of the Agreement, determines and thereafter impose in
8          respect of the licence, including during the term of the Agreement.]

9                                    SCHEDULE
10         Description of land
11         Locality:
12         Mineral Field:
13         Area:
14

15         DATED at Perth this                       day of                      .
16         MINISTER FOR MINES

17                               FOURTH SCHEDULE
18                            WESTERN AUSTRALIA
19                               MINING ACT 1978
20      IRON ORE (RHODES RIDGE) AGREEMENT AUTHORISATION
21                           ACT 1972
22      MISCELLANEOUS LICENCE FOR A LATERAL ACCESS ROAD
23

24         No.         MISCELLANEOUS LICENCE [ ]
25         WHEREAS by the Agreement (hereinafter called "the Agreement")
26         authorised by and as scheduled to the Iron Ore (Rhodes Ridge)
27         Agreement Authorisation Act 1972, as from time to time added to,


                                                                         page 119
     Iron Ore Agreements Legislation Amendment Bill 2024
     Part 2         Iron Ore (Rhodes Ridge) Agreement Authorisation Act 1972
                    amended

     s. 9


1               varied or amended, the State agreed to grant to [       ] (hereinafter
2               with their successors and permitted assigns called "the Joint
3               Venturers") a miscellaneous licence for the construction use and
4               maintenance of a Lateral Access Road (as defined in the Agreement)
5               AND WHEREAS the Joint Venturers pursuant to Section 9A.05(f)(ii)
6               of the Agreement have made application for the said licence;
7               NOW in consideration of the rents reserved by and the provisions of
8               the Agreement and in pursuance of the Iron Ore (Rhodes Ridge)
9               Agreement Authorisation Act 1972, as from time to time added to,
10              varied or amended, the Joint Venturers are hereby authorised to
11              construct use and maintain a road on the land more particularly
12              delineated and described from time to time in the Schedule hereto in
13              accordance with the provisions of the Agreement and proposals
14              approved under the Agreement for a term of four (4) years commencing
15              on the date hereof (subject to the sooner determination of the term upon
16              the cessation or determination of the Agreement) and for the purposes
17              and upon and subject to the terms covenants and conditions set out in
18              the Agreement and the Mining Act 1978 (WA) as it applies to this
19              licence, and any amendments to the Agreement and the Mining
20              Act 1978 (WA) from time to time and to the terms and conditions (if
21              any) now or hereafter endorsed hereon and the payment of rentals in
22              respect of this licence in accordance with Section 9A.05(f)(ii) of the
23              Agreement PROVIDED ALWAYS that this licence shall not be
24              determined or forfeited otherwise than in accordance with the
25              Agreement.
26              In this licence:
27              - If the Joint Venturers be more than one the liability of the Joint
28                Venturers hereunder shall be joint and several.
29              - Reference to an Act includes all amendments to that Act for the time
30                being in force and also any Act passed in substitution therefore or in
31                lieu thereof and to the regulations and by-laws of the time being in
32                force thereunder.
33              - Reference to "the Agreement" means such agreement as from time
34                to time added to, varied or amended.




     page 120
                      Iron Ore Agreements Legislation Amendment Bill 2024
     Iron Ore (Rhodes Ridge) Agreement Authorisation Act 1972      Part 2
                                                    amended

                                                                              s. 9


1                      ENDORSEMENTS AND CONDITIONS
2          Endorsements
3          1.   This licence is granted in accordance with proposals submitted on
4                [ ], and approved by the Minister (as defined in the Agreement)
5                on [ ], under the Agreement.
6          2.   [Any further endorsement which the Minister for Mines may,
7                consistent with the provisions of the Agreement, determines and
8                thereafter impose in respect of this licence including during the
9                term of the Agreement.]
10         Conditions
11         [Such conditions which the Minister for Mines may, consistent with
12         the provisions of the Agreement, determines and thereafter impose in
13         respect of the licence, including during the term of the Agreement.]

14                                  SCHEDULE
15         Description of land
16         Locality:
17         Mineral Field:
18         Area:
19

20         DATED at Perth this                      day of                      .
21         MINISTER FOR MINES




                                                                        page 121
     Iron Ore Agreements Legislation Amendment Bill 2024
     Part 2         Iron Ore (Rhodes Ridge) Agreement Authorisation Act 1972
                    amended

     s. 9


1                                 FIFTH SCHEDULE
2                              WESTERN AUSTRALIA
3                                 MINING ACT 1978
4           IRON ORE (RHODES RIDGE) AGREEMENT AUTHORISATION
5                                ACT 1972
6                  EXPLORATION LICENCES AND MINING LEASES
7

8               E 47/622-I
9               E 47/623-I
10              E 47/624-I
11              E 47/542-I
12              E 47/541-I
13              E 47/540-I
14              E 47/539-I
15              M 46/437-I
16              M 46/438-I
17              M 46/439-I
18              M 46/440-I"




     page 122
                       Iron Ore Agreements Legislation Amendment Bill 2024
      Iron Ore (Rhodes Ridge) Agreement Authorisation Act 1972      Part 2
                                                     amended

                                                                          s. 9


1   EXECUTED as a deed.
2

3
    SIGNED by THE HONOURABLE                      )
    ROGER COOK                                    )
    in the presence of:                           )


    [Signature]                                       [Signature]
    Signature of witness

    SARAH GWEN KEEGAN
    Name of witness



    EXECUTED by                                   )
    HAMERSLEY RESOURCES LIMITED                   )
    ACN 004 887 656 in accordance with            )
    section 127(1) of the Corporations Act 2001   )
    (Cth)                                         )


    [Signature]                                       SIMON RICHMOND
    Director

    [Signature]                                       SOWMYA KOLLI
    Director/Secretary




                                                                     page 123
    Iron Ore Agreements Legislation Amendment Bill 2024
    Part 2         Iron Ore (Rhodes Ridge) Agreement Authorisation Act 1972
                   amended

    s. 9


    EXECUTED by                                   )
    WRIGHT PROSPECTING PTY LTD                    )
    ACN 008 677 021 in accordance with            )
    section 127(1) of the Corporations Act 2001   )
    (Cth)                                         )


    [Signature]                                       PAUL BENNETT
    Director

    [Signature]                                       YASMIN BROUGHTON
    Director/Secretary



    EXECUTED by                                   )
    AUSTRALIAN MINING & SMELTING                  )
    PTY LTD ACN 004 896 726                       )
    in accordance with section 127(1) of the      )
    Corporations Act 2001 (Cth)                   )


    [Signature]                                       SIMON RICHMOND
    Director

    [Signature]                                       SOWMYA KOLLI
    Director/Secretary

1




    page 124
                        Iron Ore Agreements Legislation Amendment Bill 2024
       Iron Ore (Hamersley Range) Agreement Act 1963 amended         Part 3

                                                                              s. 10



1          Part 3 -- Iron Ore (Hamersley Range) Agreement
2                        Act 1963 amended
3    10.          Act amended
4                 This Part amends the Iron Ore (Hamersley Range) Agreement
5                 Act 1963.

6    11.          Section 2 amended
7                 In section 2 insert in alphabetical order:
8

9                       Seventeenth Supplementary Agreement means the
10                      agreement a copy of which is set out in the Eighteenth
11                      Schedule;
12                      Sixteenth Supplementary Agreement means the
13                      agreement a copy of which is set out in the Seventeenth
14                      Schedule;
15


16   12.          Sections 4I and 4J inserted
17                After section 4H insert:
18


19          4I.         Sixteenth Supplementary Agreement
20                (1)   The Sixteenth Supplementary Agreement is ratified.
21                (2)   The implementation of the Sixteenth Supplementary
22                      Agreement is authorised.
23                (3)   Without limiting or otherwise affecting the application
24                      of the Government Agreements Act 1979, the Sixteenth
25                      Supplementary Agreement operates and takes effect
26                      despite any enactment or other law.




                                                                         page 125
     Iron Ore Agreements Legislation Amendment Bill 2024
     Part 3         Iron Ore (Hamersley Range) Agreement Act 1963 amended

     s. 13



1            4J.         Seventeenth Supplementary Agreement
2                  (1)   The Seventeenth Supplementary Agreement is ratified.
3                  (2)   The implementation of the Seventeenth Supplementary
4                        Agreement is authorised.
5                  (3)   Without limiting or otherwise affecting the application
6                        of the Government Agreements Act 1979, the
7                        Seventeenth Supplementary Agreement operates and
8                        takes effect despite any enactment or other law.
9


10   13.           Seventeenth and Eighteenth Schedules inserted
11                 After the Sixteenth Schedule insert:
12


13           Seventeenth Schedule -- Sixteenth Supplementary
14                             Agreement
15                                                                             [s. 2]
16                                          2024
17

18                  THE HONOURABLE ROGER COOK
19            PREMIER OF THE STATE OF WESTERN AUSTRALIA
20

21                                          AND
22

23                         HAMERSLEY IRON PTY. LIMITED
24                               ACN 004 558 276
25




     page 126
                           Iron Ore Agreements Legislation Amendment Bill 2024
          Iron Ore (Hamersley Range) Agreement Act 1963 amended         Part 3

                                                                               s. 13



1

2             IRON ORE (HAMERSLEY RANGE) AGREEMENT 1963
3                      RATIFIED VARIATION AGREEMENT
4

5

6                                  [Solicitor's details]
7

8

9    THIS AGREEMENT is made this 26 day of August 2024
10

11   BETWEEN
12

13   THE HONOURABLE ROGER COOK MLA., Premier of the State of Western
14   Australia, acting for and on behalf of the said State and instrumentalities from
15   time to time (the "State")
16   AND
17   HAMERSLEY IRON PTY. LIMITED ACN 004 558 276 of Level 18, Central
18   Park, 152-158 St Georges Terrace, Perth, Western Australia (Company).
19

20   RECITALS
21   A.         The State and the Company are the parties to the agreement dated
22              30 July 1963 approved by and scheduled to the Iron Ore (Hamersley
23              Range) Agreement Act 1963 and which as subsequently added to,
24              varied or amended is referred to in this Agreement as the "Principal
25              Agreement".
26   B.         The State and the Company wish to vary the Principal Agreement.
27




                                                                           page 127
     Iron Ore Agreements Legislation Amendment Bill 2024
     Part 3         Iron Ore (Hamersley Range) Agreement Act 1963 amended

     s. 13



1    THE PARTIES AGREE AS FOLLOWS:
2    1.         Ratification and operation
3         (1)   This Agreement, other than this clause, does not come into operation
4               except in accordance with subclause (2).
5         (2)   This Agreement, other than this clause, comes into operation on the day
6               on which it is ratified by an Act of the Parliament of Western Australia
7               ("Operative Date") unless, before that day, it terminates under
8               subclauses (4) or (5).
9         (3)   The State must introduce in the Parliament of Western Australia before
10              30 September 2024 or a later date agreed between the parties to this
11              Agreement, a Bill to ratify this Agreement and must endeavour to
12              secure its passage as an Act.
13        (4)   If by 31 December 2024 this Agreement has not been ratified by an Act
14              of the Parliament of Western Australia then, unless the parties to this
15              Agreement otherwise agree, this Agreement terminates on that day and
16              no party hereto will have any claim against any other party hereto with
17              respect to any matter or thing arising out of, done, performed, or
18              omitted to be done or performed under this Agreement.
19        (5)   The parties agree that if the Principal Agreement is otherwise
20              determined in accordance with its provisions on a day prior to the
21              Operative Date, then this Agreement shall also terminate on and from
22              that day and no party hereto will have any claim against any other party
23              hereto with respect to any matter or thing arising out of, done,
24              performed, or omitted to be done or performed under this Agreement.
25   2.         Variations of the Principal Agreement
26              Clause 1 of the Principal Agreement is varied by inserting after
27              paragraph (f) in the definition of "Integration Agreement" the
28              following paragraph:
29                "(g)   the agreement authorised by and as scheduled to the Iron Ore
30                       (Rhodes Ridge) Agreement Authorisation Act 1972, as from
31                       time to time added to, varied or amended; or",
32              and renumbering the following paragraphs of that definition
33              accordingly.


     page 128
                       Iron Ore Agreements Legislation Amendment Bill 2024
      Iron Ore (Hamersley Range) Agreement Act 1963 amended         Part 3

                                                                     s. 13



1   EXECUTED as a deed.
2
    SIGNED by THE HONOURABLE               )
    ROGER COOK                             )
    in the presence of:                    )


    [Signature]                                [Signature]
    Signature of witness


    SARAH GWEN KEEGAN
    Name of witness



     EXECUTED by                           )
     HAMERSLEY IRON PTY. LIMITED           )
     ACN 004 558 276 in accordance with    )
     section 127(1) of the Corporations    )
     Act 2001 (Cth)                        )


    [Signature]                                  SIMON RICHMOND
    Director

    [Signature]
                                                 SOWMYA KOLLI
    Director/Secretary




                                                                 page 129
     Iron Ore Agreements Legislation Amendment Bill 2024
     Part 3         Iron Ore (Hamersley Range) Agreement Act 1963 amended

     s. 13



1            Eighteenth Schedule -- Seventeenth Supplementary
2                               Agreement
3                                                                      [s. 2]
4                                     2024
5

6                   THE HONOURABLE ROGER COOK
7             PREMIER OF THE STATE OF WESTERN AUSTRALIA
8

9                                     AND
10

11                    HAMERSLEY IRON PTY. LIMITED
12                          ACN 004 558 276
13

14

15

16            IRON ORE (HAMERSLEY RANGE) AGREEMENT 1968
17                  RATIFIED VARIATION AGREEMENT
18

19

20

21                             [Solicitor's details]
22

23




     page 130
                           Iron Ore Agreements Legislation Amendment Bill 2024
          Iron Ore (Hamersley Range) Agreement Act 1963 amended         Part 3

                                                                                  s. 13



1    THIS AGREEMENT is made this 26 day of August 2024
2

3    BETWEEN
4

5    THE HONOURABLE ROGER COOK MLA., Premier of the State of Western
6    Australia, acting for and on behalf of the said State and instrumentalities from
7    time to time (the "State")
8    AND
9    HAMERSLEY IRON PTY. LIMITED ACN 004 558 276 of Level 18, Central
10   Park, 152-158 St Georges Terrace, Perth, Western Australia (Company).
11

12   RECITALS
13   A.         The State and the Company are the parties to the agreement dated
14              8 October 1968 approved by and scheduled to the Iron Ore (Hamersley
15              Range) Agreement Act Amendment Act 1968 and which as
16              subsequently added to, varied or amended is referred to in this
17              Agreement as the "Principal Agreement".
18   B.         The State and the Company wish to vary the Principal Agreement.
19

20   THE PARTIES AGREE AS FOLLOWS:
21   1.         Ratification and operation
22        (1)   This Agreement, other than this clause, does not come into operation
23              except in accordance with subclause (2).
24        (2)   This Agreement, other than this clause, comes into operation on the day
25              on which it is ratified by an Act of the Parliament of Western Australia
26              ("Operative Date") unless, before that day, it terminates under
27              subclauses (4) or (5).




                                                                             page 131
     Iron Ore Agreements Legislation Amendment Bill 2024
     Part 3         Iron Ore (Hamersley Range) Agreement Act 1963 amended

     s. 13



1         (3)   The State must introduce in the Parliament of Western Australia before
2               30 September 2024 or a later date agreed between the parties to this
3               Agreement, a Bill to ratify this Agreement and must endeavour to
4               secure its passage as an Act.
5         (4)   If by 31 December 2024 this Agreement has not been ratified by an Act
6               of the Parliament of Western Australia then, unless the parties to this
7               Agreement otherwise agree, this Agreement terminates on that day and
8               no party hereto will have any claim against any other party hereto with
9               respect to any matter or thing arising out of, done, performed, or
10              omitted to be done or performed under this Agreement.
11        (5)   The parties agree that if the Principal Agreement is otherwise
12              determined in accordance with its provisions on a day prior to the
13              Operative Date, then this Agreement shall also terminate on and from
14              that day and no party hereto will have any claim against any other party
15              hereto with respect to any matter or thing arising out of, done,
16              performed, or omitted to be done or performed under this Agreement.
17   2.         Variations of the Principal Agreement
18              Clause 1 of the Principal Agreement is varied by inserting after
19              paragraph (f) in the definition of "Integration Agreement" the
20              following paragraph:
21                "(g)   the agreement authorised by and as scheduled to the Iron Ore
22                       (Rhodes Ridge) Agreement Authorisation Act 1972, as from
23                       time to time added to, varied or amended; or",
24              and renumbering the following paragraphs of that definition
25              accordingly.
26




     page 132
                       Iron Ore Agreements Legislation Amendment Bill 2024
      Iron Ore (Hamersley Range) Agreement Act 1963 amended         Part 3

                                                                       s. 13



1   EXECUTED as a deed.
2
    SIGNED by THE HONOURABLE                    )
    ROGER COOK                                  )
    in the presence of:                         )


    [Signature]                                     [Signature]
    Signature of witness

    SARAH GWEN KEEGAN
    Name of witness



    EXECUTED by                                 )
    HAMERSLEY IRON PTY. LIMITED                 )
    ACN 004 558 276 in accordance with          )
    section 127(1) of the Corporations Act 2001 )
    (Cth)                                       )


    [Signature]                                     SIMON RICHMOND
    Director

    [Signature]                                     SOWMYA KOLLI
    Director/Secretary
3




                                                                   page 133
     Iron Ore Agreements Legislation Amendment Bill 2024
     Part 4         Iron Ore (Hope Downs) Agreement Act 1992 amended

     s. 14



1     Part 4 -- Iron Ore (Hope Downs) Agreement Act 1992
2                         amended
3    14.         Act amended
4                This Part amends the Iron Ore (Hope Downs) Agreement
5                Act 1992.

6    15.         Section 3 amended
7          (1)   In section 3 insert in alphabetical order:
8

9                      the Third Variation Agreement means the agreement a
10                     copy of which is set out in Schedule 4.
11

12         (2)   In section 3 in the definition of Agreement delete "Agreement
13               and the Second Variation Agreement;" and insert:
14

15               Agreement, the Second Variation Agreement and the Third
16               Variation Agreement;
17

18         (3)   In section 3 in the definition of the Second Variation
19               Agreement delete "Schedule 3." and insert:
20

21               Schedule 3;
22

23               Note: The heading to amended section 3 is to read:
24                     Terms used
25




     page 134
                        Iron Ore Agreements Legislation Amendment Bill 2024
           Iron Ore (Hope Downs) Agreement Act 1992 amended          Part 4

                                                                      s. 16



1    16.    Section 4 amended
2           After section 4(2B) insert:
3

4          (2C)     The Third Variation Agreement is ratified.
5


6    17.    Schedule 4 inserted
7           After Schedule 3 insert:
8


9                 Schedule 4 -- Third Variation Agreement
10                                                                    [s. 3]
11                                     2024
12

13

14               THE HONOURABLE ROGER COOK
15         PREMIER OF THE STATE OF WESTERN AUSTRALIA
16

17                                     AND
18

19                    HOPE DOWNS IRON ORE PTY LTD
20                           ACN 071 514 308
21

22                        HAMERSLEY WA PTY LTD
23                           ACN 115 004 138
24

25




                                                                  page 135
     Iron Ore Agreements Legislation Amendment Bill 2024
     Part 4         Iron Ore (Hope Downs) Agreement Act 1992 amended

     s. 17



1

2                  IRON ORE (HOPE DOWNS) AGREEMENT 1992
3                       RATIFIED VARIATION AGREEMENT
4

5

6

7                                    [Solicitor's details]
8

9    THIS AGREEMENT is made this 26 day of August 2024
10

11   BETWEEN
12

13   THE HONOURABLE ROGER COOK MLA., Premier of the State of Western
14   Australia, acting for and on behalf of the said State and instrumentalities from
15   time to time (the "State")
16   AND
17   HOPE DOWNS IRON ORE PTY LTD ACN 071 514 308 of Level 3, Hppl
18   House, 28-42 Ventnor Avenue, West Perth, Western Australia and
19   HAMERSLEY WA PTY LTD ACN 115 004 138 of Level 18, Central Park,
20   152-158 St Georges Terrace, Perth, Western Australia (Joint Venturers).
21

22   RECITALS
23   A.         The State and the Joint Venturers are now the parties to the agreement
24              dated 30 November 1992 ratified by and scheduled to the Iron Ore
25              (Hope Downs) Agreement Act 1992 and which as subsequently added
26              to, varied or amended is referred to in this Agreement as the "Principal
27              Agreement".
28   B.         The State and the Joint Venturers wish to vary the Principal Agreement.


     page 136
                             Iron Ore Agreements Legislation Amendment Bill 2024
                Iron Ore (Hope Downs) Agreement Act 1992 amended          Part 4

                                                                                   s. 17



1    THE PARTIES AGREE AS FOLLOWS:
2    1.          Ratification and operation
3         (1)    This Agreement, other than this clause, does not come into operation
4                except in accordance with subclause (2).
5         (2)    This Agreement, other than this clause, comes into operation on the day
6                on which it is ratified by an Act of the Parliament of Western Australia
7                ("Operative Date") unless, before that day, it terminates under
8                subclauses (4) or (5).
9         (3)    The State must introduce in the Parliament of Western Australia before
10               30 September 2024 or a later date agreed between the parties to this
11               Agreement, a Bill to ratify this Agreement and must endeavour to
12               secure its passage as an Act.
13        (4)    If by 31 December 2024 this Agreement has not been ratified by an Act
14               of the Parliament of Western Australia then, unless the parties to this
15               Agreement otherwise agree, this Agreement terminates on that day and
16               no party hereto will have any claim against any other party hereto with
17               respect to any matter or thing arising out of, done, performed, or
18               omitted to be done or performed under this Agreement.
19        (5)    The parties agree that if the Principal Agreement is otherwise
20               determined in accordance with its provisions on a day prior to the
21               Operative Date, then this Agreement shall also terminate on and from
22               that day and no party hereto will have any claim against any other party
23               hereto with respect to any matter or thing arising out of, done,
24               performed, or omitted to be done or performed under this Agreement.
25   2.          Variations of the Principal Agreement
26               Clause 1 of the Principal Agreement is varied by inserting after
27               paragraph (f) in the definition of "Integration Agreement" the
28               following paragraph:
29                  "(g)   the agreement authorised by and as scheduled to the Iron Ore
30                         (Rhodes Ridge) Agreement Authorisation Act 1972, as from
31                         time to time added to, varied or amended; or",
32               and renumbering the following paragraphs of that definition
33               accordingly.


                                                                              page 137
    Iron Ore Agreements Legislation Amendment Bill 2024
    Part 4         Iron Ore (Hope Downs) Agreement Act 1992 amended

    s. 17



1   EXECUTED as a deed.
2
    SIGNED by THE HONOURABLE                    )
    ROGER COOK                                  )
    in the presence of:                         )


    [Signature]                                     [Signature]
    Signature of witness

    SARAH GWEN KEEGAN
    Name of witness


    EXECUTED by                                 )
    HOPE DOWNS IRON ORE PTY LTD                 )
    ACN 071 514 308 in accordance with          )
    section 127(1) of the Corporations Act 2001 )
    (Cth)

    [Signature]
    Director                                        JAY NEWBY

    [Signature]
    Director/Secretary                              S. JABEZ HUANG


    EXECUTED by                                 )
    HAMERSLEY WA PTY LTD                        )
    ACN 115 004 138 in accordance with          )
    section 127(1) of the Corporations Act 2001 )
    (Cth)

    [Signature]                                     SIMON RICHMOND
    Director

    [Signature]
    Director/Secretary                              SOWMYA KOLLI

3



    page 138
                             Iron Ore Agreements Legislation Amendment Bill 2024
                 Iron Ore (Mount Bruce) Agreement Act 1972 amended        Part 5

                                                                             s. 18



1     Part 5 -- Iron Ore (Mount Bruce) Agreement Act 1972
2                         amended
3    18.          Act amended
4                 This Part amends the Iron Ore (Mount Bruce) Agreement
5                 Act 1972.

6    19.          Section 2 amended
7          (1)    In section 2 insert in alphabetical order:
8

9                       2024 Variation Agreement means the agreement a
10                      copy of which is set forth in the Sixth Schedule;
11

12         (2)    In section 2 in the definition of Agreement delete "Agreement
13                and the 2011 Variation Agreement;" and insert:
14

15                Agreement, the 2011 Variation Agreement and the
16                2024 Variation Agreement;
17


18   20.          Section 4E inserted
19                After section 4D insert:
20


21           4E.        2024 Variation Agreement
22                (1)   The 2024 Variation Agreement is ratified.
23                (2)   The implementation of the 2024 Variation Agreement
24                      is authorised.




                                                                        page 139
     Iron Ore Agreements Legislation Amendment Bill 2024
     Part 5         Iron Ore (Mount Bruce) Agreement Act 1972 amended

     s. 21



1               (3)   Without limiting or otherwise affecting the application
2                     of the Government Agreements Act 1979, the
3                     2024 Variation Agreement operates and takes effect
4                     despite any enactment or other law.
5


6    21.        Sixth Schedule inserted
7               After the Fifth Schedule insert:
8


9                Sixth Schedule -- 2024 Variation Agreement
10                                                                          [s. 2]
11                                        2024
12

13                 THE HONOURABLE ROGER COOK
14           PREMIER OF THE STATE OF WESTERN AUSTRALIA
15

16                                        AND
17

18                    MOUNT BRUCE MINING PTY LIMITED
19                            ACN 008 714 010
20

21

22

23               IRON ORE (MOUNT BRUCE) AGREEMENT 1972
24                     RATIFIED VARIATION AGREEMENT
25

26

27


     page 140
                            Iron Ore Agreements Legislation Amendment Bill 2024
                Iron Ore (Mount Bruce) Agreement Act 1972 amended        Part 5

                                                                                s. 21



1                                   [Solicitor's details]
2

3

4    THIS AGREEMENT is made this 26 day of August 2024
5

6    BETWEEN
7

8    THE HONOURABLE ROGER COOK MLA., Premier of the State of Western
9    Australia, acting for and on behalf of the said State and instrumentalities from
10   time to time (the "State")
11   AND
12   MOUNT BRUCE MINING PTY LIMITED ACN 008 714 010 of Level 18,
13   Central Park, 152-158 St Georges Terrace, Perth, Western Australia (Company).
14

15   RECITALS
16   A.          The State and the Company are the parties to the agreement dated
17               10 March 1972 ratified by and scheduled to the Iron Ore (Mount
18               Bruce) Agreement Act 1972 and which as subsequently added to, varied
19               or amended is referred to in this Agreement as the "Principal
20               Agreement".
21   B.          The State and the Company wish to vary the Principal Agreement.
22

23   THE PARTIES AGREE AS FOLLOWS:
24   1.          Ratification and operation
25        (1)    This Agreement, other than this clause, does not come into operation
26               except in accordance with subclause (2).




                                                                           page 141
     Iron Ore Agreements Legislation Amendment Bill 2024
     Part 5         Iron Ore (Mount Bruce) Agreement Act 1972 amended

     s. 21



1         (2)   This Agreement, other than this clause, comes into operation on the day
2               on which it is ratified by an Act of the Parliament of Western Australia
3               ("Operative Date") unless, before that day, it terminates under
4               subclauses (4) or (5).
5         (3)   The State must introduce in the Parliament of Western Australia before
6               30 September 2024 or a later date agreed between the parties to this
7               Agreement, a Bill to ratify this Agreement and must endeavour to
8               secure its passage as an Act.
9         (4)   If by 31 December 2024 this Agreement has not been ratified by an Act
10              of the Parliament of Western Australia then, unless the parties to this
11              Agreement otherwise agree, this Agreement terminates on that day and
12              no party hereto will have any claim against any other party hereto with
13              respect to any matter or thing arising out of, done, performed, or
14              omitted to be done or performed under this Agreement.
15        (5)   The parties agree that if the Principal Agreement is otherwise
16              determined in accordance with its provisions on a day prior to the
17              Operative Date, then this Agreement shall also terminate on and from
18              that day and no party hereto will have any claim against any other party
19              hereto with respect to any matter or thing arising out of, done,
20              performed, or omitted to be done or performed under this Agreement.
21   2.         Variations of the Principal Agreement
22              Clause 1 of the Principal Agreement is varied by inserting after
23              paragraph (f) in the definition of "Integration Agreement" the
24              following paragraph:
25                "(g)   the agreement authorised by and as scheduled to the Iron Ore
26                       (Rhodes Ridge) Agreement Authorisation Act 1972, as from
27                       time to time added to, varied or amended; or",
28              and renumbering the following paragraphs of that definition
29              accordingly.
30




     page 142
                        Iron Ore Agreements Legislation Amendment Bill 2024
            Iron Ore (Mount Bruce) Agreement Act 1972 amended        Part 5

                                                                       s. 21



1   EXECUTED as a deed.
2
    SIGNED by THE HONOURABLE                    )
    ROGER COOK                                  )
    in the presence of:                         )


    [Signature]                                     [Signature]
    Signature of witness


    SARAH GWEN KEEGAN
    Name of witness



    EXECUTED by MOUNT BRUCE                     )
    MINING PTY LIMITED                          )
    ACN 008 714 010 in accordance with          )
    section 127(1) of the Corporations Act 2001 )
    (Cth)


    [Signature]                                     S. J. JONES
    Director

    [Signature]                                     SOWMYA KOLLI
    Director/Secretary
3




                                                                   page 143
     Iron Ore Agreements Legislation Amendment Bill 2024
     Part 6         Iron Ore (Robe River) Agreement Act 1964 amended

     s. 22



1       Part 6 -- Iron Ore (Robe River) Agreement Act 1964
2                           amended
3    22.        Act amended
4               This Part amends the Iron Ore (Robe River) Agreement
5               Act 1964.

6    23.        Section 2 amended
7               In section 2 insert in alphabetical order:
8

9                     eighth variation agreement means the agreement a
10                    copy of which is set forth in the Ninth Schedule to this
11                    Act;
12


13   24.        Section 4E inserted
14              After section 4D insert:
15


16           4E.      Eighth variation agreement
17              (1)   The eighth variation agreement is ratified.
18              (2)   The implementation of the eighth variation agreement
19                    is authorised.
20              (3)   Without limiting or otherwise affecting the application
21                    of the Government Agreements Act 1979, the eighth
22                    variation agreement operates and takes effect despite
23                    any enactment or other law.
24




     page 144
                      Iron Ore Agreements Legislation Amendment Bill 2024
           Iron Ore (Robe River) Agreement Act 1964 amended        Part 6

                                                                    s. 25



1    25.   Ninth Schedule inserted
2          After the Eighth Schedule insert:
3


4           Ninth Schedule -- Eighth variation agreement
5                                                                   [s. 2]
6                                   2024
7

8                THE HONOURABLE ROGER COOK
9          PREMIER OF THE STATE OF WESTERN AUSTRALIA
10

11                                  AND
12

13                        ROBE RIVER LIMITED
14                          ACN 008 478 493
15

16                ROBE RIVER MINING CO. PTY. LTD.
17                        ACN 008 694 246
18

19            MITSUI IRON ORE DEVELOPMENT PTY LTD
20                        ACN 008 734 361
21

22                      NORTH MINING LIMITED
23                          ACN 000 081 434
24




                                                                page 145
     Iron Ore Agreements Legislation Amendment Bill 2024
     Part 6         Iron Ore (Robe River) Agreement Act 1964 amended

     s. 25



1                  NIPPON STEEL AUSTRALIA PTY. LIMITED
2                             ACN 001 445 049
3

4            NIPPON STEEL RAW MATERIALS AUSTRALIA PTY LTD
5                            ACN 001 444 604
6

7

8

9                 IRON ORE (ROBE RIVER) AGREEMENT 1964
10                    RATIFIED VARIATION AGREEMENT
11

12

13

14                                 [Solicitor's details]
15

16

17   THIS AGREEMENT is made this 26 day of August 2024
18

19   BETWEEN
20

21   THE HONOURABLE ROGER COOK MLA., Premier of the State of Western
22   Australia, acting for and on behalf of the said State and instrumentalities from
23   time to time (the "State")
24   AND
25   ROBE RIVER LIMITED ACN 008 478 493 of Level 18, Central Park, 152-158
26   St Georges Terrace, Perth, Western Australia (RRL)
27   AND

     page 146
                           Iron Ore Agreements Legislation Amendment Bill 2024
                Iron Ore (Robe River) Agreement Act 1964 amended        Part 6

                                                                               s. 25



1    ROBE RIVER MINING CO. PTY. LTD. ACN 008 694 246 of Level 18,
2    Central Park, 152-158 St Georges Terrace, Perth, Western Australia (RRMC),
3    MITSUI IRON ORE DEVELOPMENT PTY LTD ACN 008 734 361 of
4    Level 26, Exchange Plaza, 2 The Esplanade, Perth, Western Australia (Mitsui),
5    NORTH MINING LIMITED ACN 000 081 434 of Level 18, Central Park,
6    152-158 St Georges Terrace, Perth, Western Australia (NML),
7    NIPPON STEEL AUSTRALIA PTY. LIMITED ACN 001 445 049 of
8    Level 14, 115 Pitt Street, Sydney, New South Wales, NIPPON STEEL RAW
9    MATERIALS AUSTRALIA PTY LTD ACN 001 444 604 of Level 14,
10   115 Pitt Street, Sydney, New South Wales, and the said MITSUI IRON ORE
11   DEVELOPMENT PTY LTD which 3 companies carry on business under the
12   name of Cape Lambert Iron Associates (CLIA), and
13   the said NIPPON STEEL AUSTRALIA PTY. LIMITED and NIPPON
14   STEEL RAW MATERIALS AUSTRALIA PTY LTD which 2 companies
15   carry on business together under the name Pannawonica Iron Associates (PIA).
16   (RRMC, Mitsui, NML, CLIA and PIA are collectively referred to in this
17   Agreement as the Robe Participants.)
18

19   RECITALS
20   A.         The State, RRL and the Robe Participants are now the parties to the
21              agreement dated 18 November 1964 approved by and scheduled to the
22              Iron Ore (Robe River) Agreement Act 1964 and which as subsequently
23              added to, varied or amended is referred to in this Agreement as the
24              "Principal Agreement".
25   B.         The parties wish to vary the Principal Agreement.
26

27   THE PARTIES AGREE AS FOLLOWS:
28   1.         Ratification and operation
29        (1)   This Agreement, other than this clause, does not come into operation
30              except in accordance with subclause (2).




                                                                          page 147
     Iron Ore Agreements Legislation Amendment Bill 2024
     Part 6         Iron Ore (Robe River) Agreement Act 1964 amended

     s. 25



1         (2)   This Agreement, other than this clause, comes into operation on the day
2               on which it is ratified by an Act of the Parliament of Western Australia
3               ("Operative Date") unless, before that day, it terminates under
4               subclauses (4) or (5).
5         (3)   The State must introduce in the Parliament of Western Australia before
6               30 September 2024 or a later date agreed between the parties to this
7               Agreement, a Bill to ratify this Agreement and must endeavour to
8               secure its passage as an Act.
9         (4)   If by 31 December 2024 this Agreement has not been ratified by an Act
10              of the Parliament of Western Australia then, unless the parties to this
11              Agreement otherwise agree, this Agreement terminates on that day and
12              no party hereto will have any claim against any other party hereto with
13              respect to any matter or thing arising out of, done, performed, or
14              omitted to be done or performed under this Agreement.
15        (5)   The parties agree that if the Principal Agreement is otherwise
16              determined in accordance with its provisions on a day prior to the
17              Operative Date, then this Agreement shall also terminate on and from
18              that day and no party hereto will have any claim against any other party
19              hereto with respect to any matter or thing arising out of, done,
20              performed, or omitted to be done or performed under this Agreement.
21   2.         Variations of the Principal Agreement
22              Clause 1 of the Principal Agreement is varied by inserting after
23              paragraph (f) in the definition of "Integration Agreement" the
24              following paragraph:
25                "(g)   the agreement authorised by and as scheduled to the Iron Ore
26                       (Rhodes Ridge) Agreement Authorisation Act 1972, as from
27                       time to time added to, varied or amended; or",
28              and renumbering the following paragraphs of that definition
29              accordingly.
30




     page 148
                        Iron Ore Agreements Legislation Amendment Bill 2024
             Iron Ore (Robe River) Agreement Act 1964 amended        Part 6

                                                                         s. 25



1   EXECUTED as a deed.
2
    SIGNED by THE HONOURABLE                      )
    ROGER COOK                                    )
    in the presence of:                           )


    [Signature]                                       [Signature]
    Signature of witness


    SARAH GWEN KEEGAN
    Name of witness


    EXECUTED by ROBE RIVER LIMITED )
    ACN 008 478 493 in accordance with          )
    section 127(1) of the Corporations Act 2001 )
    (Cth):                                      )


    [Signature]                                       SIMON RICHMOND
    Director


    [Signature]                                       SOWMYA KOLLI
    Director/Secretary


    EXECUTED by ROBE                              )
    RIVER MINING CO. PTY. LTD.                    )
    ACN 008 694 246 in accordance with            )
    section 127(1) of the Corporations Act 2001   )
    (Cth):                                        )

    [Signature]                                       SIMON RICHMOND
    Director

    [Signature]                                       SOWMYA KOLLI
    Director/Secretary

                                                                     page 149
Iron Ore Agreements Legislation Amendment Bill 2024
Part 6         Iron Ore (Robe River) Agreement Act 1964 amended

s. 25



EXECUTED by MITSUI IRON ORE                   )
DEVELOPMENT PTY LTD                           )
ACN 008 734 361 in accordance with            )
section 127(1) of the Corporations Act 2001   )
(Cth):                                        )


[Signature]                                       TORU KOJIMA
Director

[Signature]                                       INNES DEAKIN
Director/Secretary


EXECUTED by NORTH MINING                      )

 


 

IMITED ) ACN 000 081 434 in accordance with ) section 127(1) of the Corporations Act 2001 ) (Cth) ) [Signature] SIMON RICHMOND Director [Signature] SOWMYA KOLLI Director/Secretary page 150 Iron Ore Agreements Legislation Amendment Bill 2024 Iron Ore (Robe River) Agreement Act 1964 amended Part 6 s. 25 CAPE LAMBERT IRON ASSOCIATES EXECUTED by NIPPON STEEL ) AUSTRALIA PTY. LIMITED ) ACN 001 445 049 in accordance with ) section 127(1) of the Corporations Act 2001 ) (Cth) by authority of the Directors ) in the presence of: ) [Signature] KEIGO GOHDA Director [Signature] YUJIN SUZUKI Director/Secretary EXECUTED by NIPPON STEEL RAW ) MATERIALS AUSTRALIA PTY LTD ) ACN 001 444 604 in accordance with ) section 127(1) of the Corporations Act 2001 ) (Cth) by authority of the Directors ) in the presence of: ) [Signature] KEIGO GOHDA Director [Signature] YUJIN SUZUKI Director/Secretary page 151 Iron Ore Agreements Legislation Amendment Bill 2024 Part 6 Iron Ore (Robe River) Agreement Act 1964 amended s. 25 EXECUTED by MITSUI ) IRON ORE DEVELOPMENT PTY )

 


 

TD ACN 008 734 361 in accordance with ) section 127(1) of the Corporations Act 2001 ) (Cth) ) [Signature] TORU KOJIMA Director [Signature] INNES DEAKIN Director/Secretary PANNAWONICA IRON ASSOCIATES EXECUTED by NIPPON STEEL ) AUSTRALIA PTY. LIMITED ) ACN 001 445 049 in accordance with ) section 127(1) of the Corporations Act 2001 ) (Cth) by authority of the Directors ) in the presence of: ) [Signature] KEIGO GOHDA Director [Signature] YUJIN SUZUKI Director/Secretary page 152 Iron Ore Agreements Legislation Amendment Bill 2024 Iron Ore (Robe River) Agreement Act 1964 amended Part 6 s. 25 EXECUTED by NIPPON STEEL RAW ) MATERIALS AUSTRALIA PTY LTD ) ACN 001 444 604 in accordance with ) section 127(1) of the Corporations Act 2001 ) (Cth) by authority of the Directors ) in the presence of: ) [Signature] KEIGO GOHDA Director [Signature] YUJIN SUZUKI Director/Secretary 1 page 153 Iron Ore Agreements Legislation Amendment Bill 2024 Part 7 Iron Ore (Yandicoogina) Agreement Act 1996 amended s. 26 1 Part 7 -- Iron Ore (Yandicoogina) Agreement Act 1996 2 amended 3 26. Act amended 4 This Part amends the Iron Ore (Yandicoogina) Agreement 5 Act 1996. 6 27. Section 3 amended 7 (1) In section 3 insert in alphabetical order: 8 9 the Third Variation Agreement means the agreement a 10 copy of which is set out in Schedule 4. 11 12 (2) In section 3 in the definition of Agreement delete "Agreement 13 and the Second Variation Agreement;" and insert: 14 15 Agreement, the Second Variation Agreement and the Third 16 Variation Agreement; 17 18 (3) In section 3 in the definition of the Second Variation 19 Agreement delete "Schedule 3." and insert: 20 21 Schedule 3; 22 23 Note: The heading to amended section 3 is to read: 24 Terms used 25 28. Section 4 amended 26 After section 4(2B) insert: 27 28 (2C) The Third Variation Agreement is ratified. 29 page 154 Iron Ore Agreements Legislation Amendment Bill 2024 Iron Ore (Yandicoogina) Agreement Act 1996 amended Part 7 s. 29 1 29. Schedule 4 inserted 2 After Schedule 3 insert: 3 4 Schedule 4 -- Third Variation Agreement 5 [s. 3] 6 2024 7 8 THE HONOURABLE ROGER COOK 9 PREMIER OF THE STATE OF WESTERN AUSTRALIA 10 11 AND 12 13 HAMERSLEY IRON - YANDI PTY LIMITED 14 ACN 009 181 793 15 16 AND 17 18 HAMERSLEY IRON PTY. LIMITED 19 ACN 004 558 276 20 21 22 23 IRON ORE (YANDICOOGINA) AGREEMENT 1996 24 RATIFIED VARIATION AGREEMENT 25 26 page 155 Iron Ore Agreements Legislation Amendment Bill 2024 Part 7 Iron Ore (Yandicoogina) Agreement Act 1996 amended s. 29 1 2 [Solicitor's details] 3 4 5 THIS AGREEMENT is made this 26 day of August 2024 6 7 BETWEEN 8 9 THE HONOURABLE ROGER COOK MLA., Premier of the State of Western 10 Australia, acting for and on behalf of the said State and instrumentalities from 11 time to time (the "State") 12 AND 13 HAMERSLEY IRON - YANDI PTY LIMITED ACN 009 181 793 of 14 Level 18, Central Park, 152-158 St Georges Terrace, Perth, Western Australia 15 (Company) 16 AND 17 HAMERSLEY IRON PTY. LIMITED ACN 004 558 276 of Level 18, Central 18 Park, 152-158 St Georges Terrace, Perth, Western Australia (Hamersley). 19 20 RECITALS 21 A. The State, the Company and Hamersley are the parties to the agreement 22 dated 22 October 1996 ratified by and scheduled to the Iron Ore 23 (Yandicoogina) Agreement Act 1996 and which as subsequently added 24 to, varied or amended is referred to in this Agreement as the "Principal 25 Agreement". 26 B. The State, the Company and Hamersley wish to vary the Principal 27 Agreement. 28 page 156 Iron Ore Agreements Legislation Amendment Bill 2024 Iron Ore (Yandicoogina) Agreement Act 1996 amended Part 7 s. 29 1 THE PARTIES AGREE AS FOLLOWS: 2 1. Ratification and operation 3 (1) This Agreement, other than this clause, does not come into operation 4 except in accordance with subclause (2). 5 (2) This Agreement, other than this clause, comes into operation on the day 6 on which it is ratified by an Act of the Parliament of Western Australia 7 ("Operative Date") unless, before that day, it terminates under 8 subclauses (4) or (5). 9 (3) The State must introduce in the Parliament of Western Australia before 10 30 September 2024 or a later date agreed between the parties to this 11 Agreement, a Bill to ratify this Agreement and must endeavour to 12 secure its passage as an Act. 13 (4) If by 31 December 2024 this Agreement has not been ratified by an Act 14 of the Parliament of Western Australia then, unless the parties to this 15 Agreement otherwise agree, this Agreement terminates on that day and 16 no party hereto will have any claim against any other party hereto with 17 respect to any matter or thing arising out of, done, performed, or 18 omitted to be done or performed under this Agreement. 19 (5) The parties agree that if the Principal Agreement is otherwise 20 determined in accordance with its provisions on a day prior to the 21 Operative Date, then this Agreement shall also terminate on and from 22 that day and no party hereto will have any claim against any other party 23 hereto with respect to any matter or thing arising out of, done, 24 performed, or omitted to be done or performed under this Agreement. 25 2. Variations of the Principal Agreement 26 Clause 1 of the Principal Agreement is varied by inserting after 27 paragraph (f) in the definition of "Integration Agreement" the 28 following paragraph: 29 "(g) the agreement authorised by and as scheduled to the Iron Ore 30 (Rhodes Ridge) Agreement Authorisation Act 1972, as from 31 time to time added to, varied or amended; or", 32 and renumbering the following paragraphs of that definition 33 accordingly. page 157 Iron Ore Agreements Legislation Amendment Bill 2024 Part 7 Iron Ore (Yandicoogina) Agreement Act 1996 amended s. 29 1 EXECUTED as a deed. 2 3 SIGNED by THE HONOURABLE ) ROGER COOK ) in the presence of: ) [Signature] [Signature] Signature of witness SARAH GWEN KEEGAN Name of witness EXECUTED by ) HAMERSLEY IRON - YANDI PTY ) LIMITED ACN 009 181 793 in accordance ) with section 127(1) of the ) Corporations Act 2001 (Cth) ) [Signature] SIMON RICHMOND Director [Signature] SOWMYA KOLLI Director/Secretary page 158 Iron Ore Agreements Legislation Amendment Bill 2024 Iron Ore (Yandicoogina) Agreement Act 1996 amended Part 7 s. 29 EXECUTED by ) HAMERSLEY IRON PTY. LIMITED ) ACN 004 558 276 in accordance with ) section 127(1) of the Corporations Act 2001 ) (Cth) ) [Signature] SIMON RICHMOND Director [Signature] SOWMYA KOLLI Director/Secretary 1

 


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