About Oakajee Port and Rail Pty LtdOakajee Port and Rail (OPR)...

About Oakajee Port and Rail Pty Ltd

Oakajee Port and Rail (OPR) is wholly owned by Mitsubishi Development Pty Ltd (MDP). OPR was established in September 2007 as a joint venture between MDP, Murchison Metals Ltd (Murchison), and Crosslands Resources Ltd (Crosslands).

On 20 February 2012, MDP acquired Murchison’s interests in OPR and Crosslands, increasing its interest in the project to 100%.

OPR was established to design, develop, construct and operate new deepwater port and rail infrastructure, to facilitate the export of expanded production from mines in the mid-west region. OPR will be independently operated on a commercial basis to provide open access transport infrastructure to users.

On 20 March 2009 OPR and the Government of Western Australia executed an exclusive State Development Agreement (SDA) for the development of the Oakajee port and associated rail infrastructure project for Western Australia’s mid-west region. On 28 December, 2011, the State confirmed its ongoing commitment to the SDA, with amendments.

In July 2011, OPR delivered an updated Bankable Feasibility Study (BFS) to the State, which demonstrated strong technical feasibility for the development of the Oakajee port and rail project.