Friday, 17 Jun 2011
Perth company is set to construct South Australia largest iron mine on the Eyre Peninsula.
As per report, Iron Road pre feasibity found it would be economical to build the USD 2.5 billion mine near Wudinna with construction starting in 2015.
Mr Andrew Stocks Managing director says the mine will boost employment for locals. He said that "We are just looking at producing a high grade iron ore concentrate and exporting that out of the Peninsula."
He added that "Yes, it's looking like it's going to be a very large project and producing about 12.4 million tonnes per annum. He also said "I would expect that during construction we would probably have about 1000 people on site and once construction is over and we're at a steady stage, there would be about 600 people employed."
(Sourced from ABC)
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