A multi-billion dollar port and rail project is set to transform Western Australia’s mid-west mining region by improving access to key iron ore projects across the state.
Oakajee Port and Rail (OPR) has signed a development agreement with the state government for a deepwater port and integrated rail network at Oakajee, 25km north of Geraldton.
The project will service iron ore miners and create an infrastructure and transport supply chain to stimulate future development in the mid-west region.
OPR chief executive, Christopher Eves, says the project will boost the state’s infrastructure and give developers the opportunity to transport stranded mineral resources to overseas customers.
“The investment will have a profound impact on the economic development of the mid-west and businesses throughout Western Australia,” he said.
According to OPR, the project will create thousands of jobs throughout construction phase secure long-term economic benefits for the region.
The port will cater for the world’s largest ore carriers and the rail network will service the growing number of mining projects operating in the region.
Project planning is at an advanced stage and is now subject to further engineering and environmental studies.