Western Australian Environmental Protection Authority has released a report confirming the Balmoral South Iron Ore Project can be managed to meet the EPA's environmental objectives, thereby recommending that Ministerial approval be given, Australian iron ore company Australasian Resources Limited, the developer of the project announced on October 5th 2009.
The Balmoral South Iron Ore Project is located 80 kilometers southwest of Karratha township in Western Australia, where an open cut mine to produce 80 million tonnes per annum of magnetite ore is being contemplated. Processing facilities including crusher, concentrator and pellet plant for the production of 24 million tonnes per annum product, with up to 14 million tonnes per annum of pellets for export, are to program. Production is scheduled to start in 2013.
Adjacent to the Balmoral South Project site, Citic Pacific Ming is implementing the "Sino Iron Project". This project includes construction of Cape Preston port as the iron ore shipping port, and ARH has, through its subsidiary, International Minerals Pty Limited, an arrangement entered into with Citic Pacific allowing access to the port facilities currently under construction by Citic Pacific.
Source: Steel Guru
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