A New Era for Western Australian Industry

Perth-based Gemco Rail has launched the first locally built iron ore rail car wagon for Rio Tinto Iron Ore (RTIO), marking a significant achievement for Western Australia’s manufacturing sector. This project, supported by the WA Government, signifies a major step forward in bolstering local industry capabilities and creating jobs.

The Rio Tinto Contract: A Cornerstone for Growth

The contract with rio Tinto involves the production of 100 rail wagons. Gemco Rail will initially deliver 40 wagons, followed by an additional 10 wagons each year for the next six years.This ongoing partnership also includes essential repairs and refurbishments, ensuring a sustained boost for the company and the local economy.

Government Investment Fuels Expansion

The WA Government’s Local manufacturing Investment Fund (LMIF) played a crucial role in facilitating this project. Gemco Rail received $6.9 million from the LMIF to upgrade its Forrestfield manufacturing site and establish a new facility in Karratha. This investment has enabled Gemco to significantly expand its production capacity and capabilities.

BHP Contract Further Strengthens position

In addition to the rio Tinto contract, Gemco Rail secured a separate contract to supply 40 rail wagons to BHP, further solidifying its position in the market. A further LMIF grant of $340,929 was provided to modernise manufacturing and maintenance equipment at the Forrestfield facility,directly supporting this contract.

Job Creation and Economic Impact

These two projects have already created 17 new jobs to assist with the upgrade and construction efforts. The LMIF, a key component of the WA Government’s 2021 election commitment, has invested over $13.5 million into local manufacturing projects across metropolitan and regional WA, contributing significantly to industry growth and job creation.

Made in WA: A Vision for the Future

The WA Government, through its Made in WA plan, continues to drive expansion in local manufacturing capabilities, seeking collaboration across various industries including the grain sector.This initiative underscores the government’s commitment to fostering a diverse and resilient local economy.

Key Takeaways

• Gemco Rail launches first locally built iron ore rail car wagon for rio Tinto.
• WA Government support through the Local Manufacturing Investment Fund (LMIF).
• Contracts with Rio Tinto and BHP drive job creation and economic growth.
• Made in WA plan promotes expansion in local manufacturing capabilities.

Looking Ahead

This milestone highlights the WA Government’s ongoing commitment to supporting local manufacturing, creating jobs, and strengthening the state’s economy. The success of Gemco Rail serves as a testament to the potential of local industry and the positive impact of strategic government investment.