Balla Balla rat­i­fied in WA Parliament

The Australian Mining Review - - NEWS - CAMERON DRUMMOND WA

BBI Group (BBIG) has re­ceived the fi­nal as­sent of a WA Gov­ern­ment agree­ment for its multi-bil­lion dol­lar Balla Balla In­fra­struc­ture (BBI) project, link­ing iron ore de­posits from the Cen­tral Pil­bara with a new ex­port fa­cil­ity at the Balla Balla port via a 162km pur­pose-built rail­way.

The rat­i­fi­ca­tion of the project by Parliament is seen as a big step for­ward for the project, which would cre­ate about 3000 jobs dur­ing con­struc­tion and about 900 op­er­a­tional po­si­tions.

BBIG es­ti­mated that the to­tal roy­al­ties payable to the WA Gov­ern­ment from cus­tomer mines over the life of the project could be in ex­cess of $4 bil­lion.

BBIG chair­man Jon Young said the com­pany was par­tic­u­larly pleased with the bi­par­ti­san sup­port that both the BBI project and its State Agree­ment has re­ceived in WA.

“The bi­par­ti­san sup­port the State Agree­ment has re­ceived sends an ex­cel­lent sig­nal to our busi­ness part­ners,” Mr Young said.

“I would like to per­son­ally thank Premier Mark Mc­Gowan, and all mem­bers of Parliament for their sup­port.

“We can now ful­fil BBIG’s com­mit­ment to pro­vide em­ploy­ment, eco­nomic and so­cial op­por­tu­ni­ties for Pil­bara res­i­dents.

“These com­mit­ments will pro­vide di­rect ben­e­fits to tra­di­tional landown­ers, the lo­cal com­mu­nity, and busi­nesses as an out­come of the project’s con­struc­tion and op­er­a­tion.”

WA premier Mark Mc­Gowan stated in Parliament that the agree­ment would fa­cil­i­tate the de­liv­ery of sig­nif­i­cant pos­i­tive out­comes for lo­cal com­mu­ni­ties and those busi­nesses ser­vic­ing the min­ing and an­cil­lary sec­tors of the WA econ­omy.

“The project has the po­ten­tial to gen­er­ate sig­nif­i­cant jobs in both its con­struc­tion and op­er­a­tion phases, and it must be ac­knowl­edged, is a project to which both sides of the house have pro­vided their sup­port.”

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