Iron Road Ltd

Iron Road Ltd is an Australian iron ore exploration and mining company, listed on the Australian Stock Exchange (ASX:IRD). It was listed in Perth, Western Australia in 2008, and has two key projects developing in South Australia. These are the "Central Eyre Iron Project" and the "Gawler Iron Project". The company's corporate office is located in Iron Road House on Currie Street in Adelaide.

Central Eyre Iron Project

The Central Eyre Iron Project is on the Eyre Peninsula of South Australia and is a collection of three iron occurrences (Warramboo, Kopi & Hambidge). The deposit lies between the towns of Warramboo and Lock, to the east of the Tod Highway. In 2013, the project was said to become South Australia's largest mining project since Olympic Dam and the largest mine ever developed in the state's agricultural belt.[1] Mining lease and development approval was received from the Government of South Australia in May 2017, subject to satisfying 127 conditions.[2]

Cape Hardy deep water port proposal

To serve its future export requirements, the company proposes to construct a new deep water port at Cape Hardy on the western shore of Spencer Gulf. The site is located between Port Neill and Tumby Bay, within the jurisdiction of the District Council of Tumby Bay.

The Cape Hardy port proposal has received Major Project Status from the Government of South Australia, but specific details are yet to be released for public consideration.[3]

The site is also located approximately 15 km north of the proposed site of Centrex Metals Ltd's Port Spencer project. CEO Andrew Stock has told the press that "Realistically, only one port will be built in the area."[4] [5] The Port Spencer development joint venture was wound up in 2016 with the proposal taken off the table, although Centrex retained ownership of the land.[6]

References

  1. ↑ Austin, Nigel "Iron Road, the mine that could change our future" The Advertiser, February 11, 2013.
  2. ↑ "Iron Road project approved for South Australia's Eyre Peninsula". ABC News. 3 May 2017. Retrieved 20 June 2017.
  3. ↑ "Cape Hardy deep-sea port" Government of South Australia. (Accessed 2013-12-13.)
  4. ↑ Changerathil, Valerina "Iron Road unveils proposal to build export facility at Cape Hardy, between Tumby Bay and Port Neill on the Eyre Peninsula" The Advertiser, December 4, 2012.
  5. ↑ http://www.miningaustralia.com.au/news/iron-road-signs-agreements-for-sa-iron-ore-project
  6. ↑ Changarathil, Valerina (14 October 2016). "Port Spencer plan sinks as SA-Chinese venture winds up". The Advertiser. Retrieved 20 June 2017.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.