In Resources

Western Australia Premier Colin Barnett

Roy Hill Rail Agreement Provides Jobs, Investment And Prosperity In The Pilbara

Victor P Taffa

A dedicated railway for the transportation and export of Roy Hill iron ore was given the green light today through a State Agreement with the State Government, further facilitating development of the resources sector in the Pilbara.

The 300 km railway will connect the Roy Hill mine, situated about 110 km North of Newman, with the associated port infrastructure in Port Hedland.

“The State Agreement with Roy Hill Infrastructure Pty Ltd is a major step forward for the development of the mine and allows construction of the railway line connecting the mine to port facilities to proceed.” Premier Colin Barnett said.

Roy Hill Infrastructure Pty Ltd will also develop stockyards at Boodarie; a train unloader; access corridors to the Inner Harbour; and two berths.

 

“With a capital expenditure of $7.2 Billion, the project will see 1,500 people employed during the construction phase, which is expected to commence in mid-2011, and a permanent workforce of 750 people.” Premier Barnett said.

“On completion, this project will enable greater access for smaller miners to rail infrastructure in the region, with provision for access or haulage services for these companies.”

The Roy Hill Iron Ore mine has mineral resources of more than one billion tonnes and an estimated production rate of 55 Million tonnes p.a. expected to commence in 2014, with resources destined for markets in North Asia.

“The Roy Hill mine is expected to be a feature in Western Australia’s resource industry for many years to come and it has a proven resource base that will sustain the project for at least the next two decades.” the Premier said.

“I welcome this project and congratulate parent company Hancock Prospecting along with their Korean partners. This project adds to this State’s reputation as being one of the world’s great mineral precincts and will help feed the powerhouse economies in North Asia.”

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