Eastern Guruma & Karlayura Enter Incorporated Joint Venture Agreement

Eastern Guruma Pty Ltd is a civil and mining contractor that is 100% owned by members of the traditional owner group, Eastern Guruma (EG) which surrounds Tom Price in the Pilbara region of Western Australia. Eastern Guruma is an Australian proprietary company, limited by shares. Eastern Guruma represents the interests of the traditional custodians of the Guruma Mali Wartu Aboriginal Corporation and the “native title” land area of about 6,774 km2 located 40 kms north of Paraburdoo, Western Australia.

Karlayura Group is a proudly 100% Aboriginal-owned profit-for-purpose business 100% owned by the traditional owners of the Nyiyaparli and Banyjima country. Karlayura Group is an Australian proprietary company, limited by shares. Karlayura Group exists to get ‘family’ back on country, preserve Aboriginal cultural traditions and develop strong and self-sustaining communities. Karlayura Group represents the interests of the traditional custodians of the Nyiyaparli Aboriginal Corporation and the “native title” land area centred on Newman, Western Australia.

Today, Friday 11th June 2021, Eastern Guruma and Karlayura Group entered into, a Heads of Agreement through which to establish an Incorporated Joint Venture entity to deliver synergies in mutually beneficial and complementary cultural and business opportunities within their respective native title areas.

Jointly, Eastern Guruma and Karlayura Group have mutual intent to:

• Establish an incorporated Australian joint Venture Entity (Proprietary Company, limited by shares) that singularly provides a synergy of services platform for JV Services, serving the major Principals trading on their respective “native title” land areas.
• Canvas (jointly) business opportunities in trading arenas where the individual skill sets are complementary and where synergies evolve through the JV Services arrangements.
• Consolidate and utilise the services of the language group interests within the JV Services businesses for the benefit of all stakeholders.
• Create wealth, sustainable opportunities and employment for Aboriginal people – related to traditional owners.
• Foster the development of independent indigenous trading entities within the areas that gainfully employ the traditional owners and their families.