Utah Point discount extended
The State Government has bowed to pressure from mid-tier Pilbara miners and extended a $2.50-a-tonne discount on exports at Port Hedland’s Utah Point bulk export terminal.
The discount will also be applied to manganese miner Consolidated Minerals, which had partly blamed high costs at Utah Point for the January closure of its Woodie Woodie mine.
Transport Minister Dean Nalder said the discount would run for another year.
The decision comes after months of furious lobbying from terminal users, including Mineral Resources, Atlas Iron and ConsMin, which have opposed Government plans to privatise Utah Point on the grounds that any move by a new owner to lift export charges would put their businesses at risk.
The extension is a partial win for the users and the Association of Mining and Exploration Companies, which welcomed the relief extension.
But efforts to have the Government agree to remove a $1.20/t levy when miners exceed allocated export rates were not successful.