IOH 0.00% 70.0¢ iron ore holdings limited

Not sure if Iron Valley Transaction string is relevant for this...

  1. 88 Posts.
    Not sure if Iron Valley Transaction string is relevant for this discussion but lets bear with it.

    The EPA website (link attached) has the full document from IOH regarding their wanting to build and run a 10Mton port facility. The report is very thorough and will show IOH are leveraging the fact there is already a port under construction and extensive consultation or fauna, fish, foreshore etc etc has been completed. Looks like the land has already fallen back under the control of the state so not sure want that means for the Dampier Port Authority DPA as owners of the port. The land requirements for IOH's operation is considerably less (320 Hectares)and their impact on the land, foreshore, seabed etc is minimal.

    Makes a good read.

    Anyway IOH want to build and run stage one, a 10Mton facility with capability to be expanded to 20Mton to accommodate other Iron ore hopefuls.

    https://consultation.epa.wa.gov.au/seven-day-comment-on-referrals/a564207

    Iron Ore Holdings Ltd (IOH, the Proponent) intends to plan,
    construct, and operate from the first stage of a new multi-user
    iron ore export facility at Cape Preston East (Proposal). The
    facility will have an initial capacity of 10 Mtpa, with
    expandability to 20 Mtpa and will be vested in the Dampier Port
    Authority (DPA) under the Port Authorities Act 1999. It is
    based on land surrendered to the State under the provisions of
    Mineralogy’s State Agreement Act.

    Timeframe in
    which the activity
    or development is
    proposed to occur
    (including start
    and finish dates
    where applicable).
    Commence Construction Stage 1 Q3 2013
    Complete Construction Stage 1 Q1 2015
    The timing of further development of Cape Preston East
    facilities will depend upon the demand by other parties to utilise
    the facilities.
    Details of any
    staging of the
    proposal.
    The Proposal will be staged in development. IOH expects to
    utilise the port capacity up to approximately 10 Mtpa (Stage 1)
    and will be the foundation Proponent for the Cape Preston East
    facilities.
    Does the
    proponent own
    the land on which
    the proposal is to
    be established? If
    not, what other
    arrangements
    have been
    established to
    access the land?

    The land and waters on which the Proposal is based is
    currently secured by the State of Western Australia under
    Section 19 of the Mining Act 1978.
    Section 91 of the Land Administration Act 1997 (LAA) is being
    used to investigate the corridor from the NWCH to Cape
    Preston East. These areas, together, will be vested in the DPA
    under the Port Authorities Act 1999.
    The Proponent is currently negotiating leases with DPA as
    required to commence construction of the Project.
 
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Currently unlisted public company.

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