Creating Value

Building on the economic value that the Port of Port Hedland delivers to the WA economy remains a primary focus for PHIC.

Steady export growth across a range of commodities including iron ore, lithium, manganese, copper, and salt predicted for the next 10 years will continue to deliver benefits locally, and to WA and Australia. 

In 2022/23 The Port of Port Hedland and its supply chain pumped $103.7 billion into WA’s economy and supported one in every nine jobs throughout the State. This is up from one in every 12 jobs in 2020.

In Port Hedland the impact of the Port and its supply chain is even more profound, with it supporting 74 per cent of all employment and contributing $2.01 billion to the Gross Product of the Town of Port Hedland; comprising $678 million direct contribution and $1.33 billion of indirect economic output.

These are just some of the key findings of the 2023 The Economic Significance of the Port of Port Hedland report compiled by ACIL Allen Consulting for the Port Hedland Industries Council.

The report demonstrates the Port Hedland Port and it’s Supply Chain remain the engine room of the WA economy accounting for more than 20% of all activity in the WA economy in 2022/23.

The report also includes projections for the 10 years from 2023-24 to 2032-33 and outlines the value of the potential activities associated with the Lumsden Point General Cargo Facility development.

The Lumsden facility is a new multi-user marine infrastructure development funded by the Commonwealth and State Governments. ACIL Allen estimates that when operational it will add $22.6 billion in GDP and create an additional 6,204 FTE jobs across Australia to 2032-33.

Over the next ten years – combined Lumsden point and Port Hedland Port Supply Chain forecast:

Economic contribution 2018/19

Future Value of the Port 2028/29

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