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Ravensthorpe is a town 541 km south-east of Perth, 40 km inland from the south coast of Western Australia. It is the seat of government of the Shire of Ravensthorpe. Ravensthorpe survived servicing the farming in the district. Agriculture in the area began to grow following the great depression and pastoral land releases occurred in the 1960s and 1970s. The surrounding areas produce wheat and other cereal crops. The town is a receival site for Cooperative Bulk Handling. On 9 December 2009, BHP sold its Raventhorpe mine, on which it had spent A$2.4 billion to build, to Toronto-based First Quantum for US $340 million. First Quantum was one of three bidders for the mine and actually produced the lowest offer. The Canadian company planned to have the mine back in production in mid-2011. As of July 2016 the Ravensthorpe mine is still operating under First Quantum.