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MineBox:

Centrex secures exclusive rights to SA port


Centrex Metals has secured four key agreements with Port Lincoln Proper that will permit the re-development of the Proper Bay wharf facilities as a minerals exporting port for the Centrex’s imminent Wilgerup hematite mine.

The facility is on the outskirts of Port Lincoln on South Australia’s Eyre Peninsula and is separate to, and some 5km away from Port Lincoln’s main town wharf.

The four agreements cover all aspects of the site and access to it. Port Lincoln Proper is a private company that wholly owns the facility.

Centrex intends to develop Proper Bay into a multi-user minerals exporting port, primarily to handle shipments of hematite ore from its Wilgerup mine, but also to accommodate the growing number of minerals exporters on the southern Eyre Peninsula.

Centrex is well advanced in the planning of this facility as part of its A$1m feasibility study covering the development of both the Wilgerup hematite deposit and the Proper Bay facility.

The study has defined the additional infrastructure required and the likely costs, including a large negatively pressured ore storage shed, a road loop and enclosed road train unloader, enclosed conveyor systems, wharf upgrade and ship/barge loader.

Environmental investigations have been undertaken to determine potential impacts on the ecosystem and the community of Port Lincoln. These investigations show that under current design and operational criteria that there is likely to be minimal impact in the area.

Centrex believes that the multi-user facility will play a fundamental role in future investment in the region.

- 07 Mar 2008