Balla Balla Infrastructure Group (BBIG) has made significant progress with its Western Australia iron ore railway project, having received royal assent to become ratified as a WA act of parliament — The Railway (BBI Rail Aus Pty Ltd) Agreement 2017.
The multi-billion dollar, 162km railway is designed to provide transportation from central Pilbara iron ore deposits to an export port at Balla Balla, producing over 3000 construction jobs and 900 production jobs. The agreement also allows for construction of rail extensions, given ministerial consent.
The rail corridor heads directly south of Balla Balla port, allowing industrial tracks to branch out to the east and west for delivery to otherwise stranded iron ore deposits, allowing for greater regional growth.
“The bipartisan support the State Agreement has received sends an excellent signal to our business partners,” said BBIG chairperson Jon Young. “I would like to personally thank Premier Mark McGowan, and all members of parliament for their support.”
BBIG said it would keep focus on meeting requirements of the State Agreement, including community and local industry developments, in order to benefit traditional landowners and businesses.
Mark McGowan, WA premier, also stated that the agreement would facilitate positive outcomes for local communities and the WA economy overall.
“The project has the potential to generate significant jobs in both its construction and operation phases,” he explained, “and, it must be acknowledged, is a project to which both sides of the house have provided their support.”
One of BBI’s major involvements in the Pilbara is its farm-in with Brockman Mining’s Marillana iron ore project, in which BBIG is funding a feasibility study.