Mining and Mine Services

Portfolio focus: Creating wealth generation, employment and training opportunities in remote areas.

An Investment Highlight – ‘Mining positive social outcomes’

Image - Ngarda Civil and MiningIBA seeks out investments that deliver wealth generation, employment and training opportunities to Indigenous Australians living in remote areas of Australia.

Indigenous Business Australia has a 25 per cent shareholding in Ngarda Civil & Mining Pty Ltd (external website, new window), alongside its other shareholders, Ngarda Ngarli Yarndu Foundation (25 per cent shareholding) and Leighton Contractors Pty Ltd (50 per cent shareholding).

Ngarda began in 2001 as a small mining contractor in the Pilbara region of Western Australia. Since this time, it has grown into a multi-disciplined service provider supporting people in mining, civil construction and infrastructure works across Australia.

Ngarda is about providing sustaining growth opportunities for Aboriginal and Torres Strait Islander people through engagement with the mining and infrastructure sector.

Through delivering competent and cost-effective contracting services to clients, they create real opportunities for local Indigenous participation through employment, training and other prospects for wealth creation.

Our Mining and Mine Services portfolio

Snapshot

The general remoteness of Australia’s mining sector provides IBA with a unique opportunity to help some of the nation’s most disadvantaged Indigenous Australians. But there are significant challenges. The mining industry can be volatile and establishing a mining-related business is very capital intensive. To minimise these risks and difficulties, IBA engages with private sector capability partners who specialise in their industry, to help establish and manage the businesses.

Current Assets

Location Details
MV Aburri vessel from Carpentaria Shipping Services Carpentaria Shipping Services Pty Ltd (external website, new window) is a joint venture between Mawa Riinbi Pty Ltd, representing the four language groups in the Borroloola region, IBA and P&O Maritime Services. CSS main asset is the vessel Aburri which carries McArthur River Mine concentrate from the port of Bing Bong in the Gulf of Carpentaria to off-shore ocean-going vessels. Commercial operations started in 1995.  Historically it has been a low risk and profitable investment for all participants. The business is currently exploring growth opportunities linked to potential increase in mining activity in the region.
Image - Ngarda Civil and Mining Indigenous Business Australia has a 25 per cent shareholding in Ngarda Civil & Mining Pty Ltd (external website, new window), alongside its other shareholders, Ngarda Ngarli Yarndu Foundation (25 per cent shareholding) and Leighton Contractors Pty Ltd (50 per cent shareholding).Ngarda began in 2001 as a small mining contractor in the Pilbara region of Western Australia. Since this time, it has grown into a multi-disciplined service provider supporting people in mining, civil construction and infrastructure works across Australia.Ngarda is about providing sustaining growth opportunities for Aboriginal and Torres Strait Islander people through engagement with the mining and infrastructure sector. Through delivering competent and cost-effective contracting services to clients, they create real opportunities for local Indigenous participation through employment, training and other prospects for wealth creation.

Read about other asset groups within IBA’s investment portfolio including:

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