ADVOCATES of South Australia’s $4 billion (US) Central Eyre Iron Project said they expect to call expression of interest late this year for third party users for the project’s proposed deep water port on the eastern coast of Eyre Peninsula at Cape Hardy.
At the same time, they have flagged the possibility of existing Chinese backers for the project, taking a sizeable direct equity stake in the project subject to final investment decisions.
Exports will come from the proposed mine at Warramboo, which has already causedcontroversy within the community regarding the encroachment of mining operations onto farming property.
Addressing a conferencein Adelaide last Wednesday, Iron Road’s managing director said that while the Chinese backershad agreed to assess opportunities to use the project’s planned rail and port infrastructure, it was important to see “who else is out there”.
“The mine has a current proposed life-of-mine of around 30 years but its broader infrastructure includes a 148 kilometre heavy haul railway and the proposed Care Hardy deep water port north-east of Tumby Bay. This site requires no dredging and will offer a SA-first shiploader capacity of 70 million tonnes per annum,” Mr Stocks said.
“We are sincere in wanting third party users to access this key port infrastructure –for both import and export activity.
“It is the type of infrastructure which has substantial upside use long after mining ceases and particularly if its rail corridor links into the national rail grid.
“On that basis, Cape Hardy becomes a gateway for such imports as hay, fish food, heavy machinery as well as the long awaited port for minerals exports off the Eyre Peninsula.”
While many community members of all points of infrastructure have acknowledged the potential economic opportunities that the mining operations will open up for these areas, there is still ongoing debate within affected communities –particularly in Wudinna and Warramboo –about the project.
This story Administrator ready to work first appeared on Nanjing Night Net.