Central Eyre receives Federal Government facilitation status

South Australia’s Central Eyre Iron Project has received the blessing of the federal government, bringing the area closer to becoming the home of Australia’s biggest magnetite iron ore mine in Australia.

The project, currently operated by mid-level explorer Iron Road, has recently been granted major project facilitation status by the federal government, however the project still requires $4 billion in investment to get up and running.

The project is expected to boost South Australia’s economy by $3 billion per year, worth more than wheat, wine and beer combined in the state.

Iron Road said the new project, which is located between the towns of Wudinna and Lock on the Eyre Peninsula in South Australia, will require 2000 workers for its construction phase and 700 operations staff to run the mine.

Former Wudinna mayor Tim Scholz resigned from his position on the local council last year to work with Iron Road.

Scholz said the company could save the Eyre Peninsula community because it would lead to new infrastructure and jobs, and that it was important to maximise the benefits for the area and make sure there were jobs for locals.

“The company wants the workforce to be as residential as possible and this will present an opportunity for a residential workforce and a drive-in, drive-out workforce from across Eyre Peninsula,’’ he said.

The Central Eyre Project will require a deep-water port at Cape Hardy, north of Tumby Bay, with plans announced by Iron Road in 2012 to build the infrastructure, which will require 150km of rail from the mine to the port.

At present the Central Eyre Project is the only one with federal facilitation status in South Australia.

To keep up to date with Australian Mining, subscribe to our free email newsletters delivered straight to your inbox. Click here.