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Economic Contribution
Alcoa contributes to the economy directly through spending on goods and services and by paying salaries and wages to its workforce. Alcoa also contributes indirectly through paying taxes and charges and flow on spending.
In 2002, Alcoa directly contributed around $160 million to the Peel Region. Of that figure, $135 million was in the form of wages, more than $24 million in purchase orders and contracts and more than $1 million in credit card purchases. $4 million of this total was spent in the town of Pinjarra.
Partnering stronger communities
Alcoa has made large contributions to the development of infrastructure and the development of communities in regional Western Australia, particularly in the Peel and Southwest regions. We have helped develop community facilities such as libraries, universities and community buildings. We committed $1 million over 10 years to the Shire of Murray's social infrastructure program.
A major employer in the Shire of Murray and in the greater Peel region, Alcoa provides direct employment there for more than 4,000 people. Alcoa is committed to innovative training and employment initiatives which have been developed to harness the skills of students in the Peel region. Each year about 2000 young Western Australian lives are improved through Alcoa's youth opportunity programs.
Contributing royalties, taxes and rates
Each year, Alcoa contributes to the economy indirectly through:
Payments of State payroll tax - $6.3 million State royalties from the mining of bauxite - $20 million, and Rates and land lease fees to the Shire of Murray - $380,000.
Environmental research and development
Alcoa is also heavily involved in technical and environmental research and development that directly benefits the region. Western Australia hosts Alcoa’s global bauxite and alumina research and development efforts. Alcoa funds research into mine and residue rehabilitation, dieback disease management, aquaculture, advanced farming techniques and forestry in partnerships with the University of Western Australia, Curtin University of Technology and Murdoch University. Alcoa spends more than $20 million a year in Western Australia on technology, research and development.
Local content policy
A new purchasing policy implemented at Alcoa's operations seeks to add value to the local economy through the use of local suppliers, by helping suppliers do business with Alcoa and by encouraging suppliers to employ local labour. The Pinjarra Efficiency Upgrade should provide greater opportunities for local suppliers in Pinjarra and Dwellingup, as well as elsewhere in the region, to secure long-term contracts allowing greater commercial stability.
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