Ferguson Warns of Roy Hill Iron Ore Project Failure Unless it Gets Foreign Workers

By International Business Times,  June 04, 2012, 12:13:58 AM EDT

Resources Minister Martin Ferguson warned on Monday of a possible failure of the $9.5-billion Roy Hill iron ore project unless the venture gets foreign workers. He said the controversy generated by the enterprise migration agreement (EMA) places at risk not only Roy Hill but also $243 billion worth of future mining investments.

"If Australia is going to take advantage of those 295 planned (resources) projects then we have to get the right policies in place to deliver on the current mining boom," Mr Ferguson warned in The Weekend Australian.

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