In a public-access document by Sleeman Consulting, they say: "Development of the coal reserves of the Northern Perth Basin will be required for coal-based pig-iron production in the Geraldton region." Aviva Corp. is mentioned in this document.
The report states that new base-load power from Mid-West sources (wind, gas, coal) will not be able to be added in to the transmission network (that connects with SWIS) until the upgrade of the 132 kV transmission line to 330 kV (Pinjar-Eneabba), due for completion Nov. 2010.
In the Gindalbie (GBG) Qtly 30 April '07, they state power will be biggest cost for the magnetite project, and their projects will require 100 MW of power. They mentioned "competition between virtually all fuel types and generators" - they anticipate drawing power from the upgraded grid.
If coal is taken out of equation, it would be a less competitive market. The Mid West has potential to be a net exporter instead of importer in the next decade.
(posted for research only, not investment advice, please dyor)
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In a public-access document by Sleeman Consulting, they say:...
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