The North West Iron Ore Alliance (NWIOA) has named former British Petroleum (BP) executive Tony Considine as its new chief executive.
According to the Alliance, Considine has a strong track record in the global mining and petroleum industries.
“He has devised and implemented international joint ventures, strategies to fuel growth and create wealth for shareholders and mergers and acquisitions,” the group said in a statement.
Considine has previously served as the chief executive of the downstream operations for the TNK-BP joint venture in Russia and the Ukraine; a project that earned US$5 billion.
He also oversaw BP’s acquisition of Burmah Castrol for US$4 billion and delivered the commercial and economic sections of the Olympic Dam feasibility study.
NWIOA chairman Ian Campbell welcomed the addition of Considine’s experience and expertise to the group.
His experience of leading large scale projects would be beneficial, particularly as the group prepares the feasibility study for its Port Hedland port development and steps-up negotiations for efficient rail sharing arrangements, Campbell said.