OAKAJEE PORT TENDERER ANNOUNCEDRoyal Resources Limited (ASX:ROY)...

OAKAJEE PORT TENDERER ANNOUNCED
Royal Resources Limited (ASX:ROY) notes the
announcement of the Government of Western Australia¡¦s
selection of the preferred tender for the construction of the
proposed Oakajee Port north of Geraldton.
The Directors of Royal note that this is an important step to
the full development of the company¡¦s Mid West iron
assets. In particular, our Warriedar premium grade iron
ore project, a Joint Venture between Royal (40%) and
Gindalbie Metals Limited (60%), will seek to take
advantage of this development.


The State Government has previously indicated that construction of the port could begin by late 2009, subject to
relevant approvals and environmental processes, and could be operational by 2012. Industry seeks to achieve
this outcome as early as possible.
Work currently being undertaken by Alliance members in the northern corridor could result in more
than 45 million tonnes of iron ore being exported each year from Oakajee Port alone.
Mr Brown said there were strong economic, social and environmental grounds for the State to support the
development of the Mid West region.
A report by Economic Consulting Services undertaken last year estimated that the development of the Mid West
iron ore industry alone has the potential to provide more than 1,300 jobs during the construction stage and over
4,000 jobs during the suggested operational stage of 25 years.
The report also estimated that construction expenditure of $5.5billion will generate a further $13billion of
expenditure elsewhere in the State.
¡§The Mid West iron ore industry has the capacity to play a key role in developing regional Western Australia and
with appropriate support that objective can be turned into reality within a very short space of time,¡¨ Mr Brown
said.
He also acknowledged the development of the State¡¦s regions had been a key public policy goal of successive
governments over many years.
¡§The further development of the Mid West provides a great opportunity for it to be the most significant regional
centre in Western Australia,¡¨ Mr Brown said.
¡§The city of Geraldton and the Mid West towns are permanent communities with a mixed economic base and
sound community infrastructure.
¡§It¡¦s critical that the community and stakeholders also recognise the importance of the other challenges required
to develop the iron ore industry including water needs, infrastructure and port commitments.¡¨
Media contact:
Warrick Hazeldine Amanda Reid
Purple Communications Purple Communications
Tel: 08 9485 1254 Tel: 08 9485 1254
Mob: 0417 944 616 Mob: 0424 839 062
About the Alliance:
The Geraldton Iron Ore Alliance (Alliance) has a membership of eight iron ore mining companies which are at
various stages of exploration and development of mines in the Mid West. These companies are:
„h Mount Gibson Iron Limited (ASX: MGX)
„h Midwest Corporation Limited (ASX: MIS)
„h Crosslands Resources Ltd (ASX: MMX)
„h Gindalbie Metals Ltd (ASX: GBG)
„h Golden West Resources Limited (ASX: GWR)
„h Royal Resources Limited (ASX: ROY)
„h Asia Iron Limited
„h Atlas Iron Limited (ASX: AGO)