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Australian Premier visits Esperance following job save

(Posted on 19/07/18)

The Mineral Resources' acquisition of Koolyanobbing iron ore mine will allow iron ore exports from Esperance to continue with Australia’s state Government working towards a positive outcome for Esperance.

Australian Premier, Mark McGowan has moved to reassure Esperance that iron ore exports at the local port remained a priority for the McGowan Labour Government. The State Government has been working with Mineral Resources Limited to acquire Cleveland-Cliffs' fixed infrastructure assets at the Port of Esperance, to ensure a positive outcome for the people of Esperance.

The acquisition will ensure that mining operations continue in the region. Exports will continue to be shipped through Esperance Port and many local jobs will be protected. The State Government has committed to time limited royalty relief for Cliffs-related port throughput and reduced port charges, in order to guarantee continued operations and ensure many local jobs, including workers at Esperance Port, are protected.

The assistance provided by the Government will allow the mining of iron ore to continue in the region, providing certainty to the local workforce.

Premier McGowan said, "The State Government continues to work closely with MRL to ensure economic activity continues in the region. The acquisition will ensure mining operations will continue out of Esperance Port and local jobs are protected.