Agreed Session just to add further research and information to why I think KRC is an exception investment.
Wyndham Port is the only deep-water port between Broome and Darwin. Exports include live cattle, nickel, produce from the Ord River irrigation area. Imports include diesel, ammonium nitrate for the mining industry Australia wide and general cargo.
Wyndham Port, situated at the head of the Cambridge Gulf, is the northern most sea port in Western Australia.
Consequently, a deep water port is required in the Mid-West ... in both the Geraldton Port and the Oakajee Port to realise the iron ore industry's potential.
Very few locations on the Mid West coastline are suitable for the construction of a deep water port.
IMO We are in a fortunate situation that other projects would love to have this type of infrastructure so close to their projects. This is more evidence that KRC can DE-risk the project further and be more cost effective which makes it an exception investment.
LOGISTICS
Road to Wyndham (nearest port to China) is 170 kilometres
Lake Argyle hydroelectric power opportunity onsite, beneficiation only
Onsite water available
Logistics in place – 50,000 tonne shipment/fortnight from Wyndham available
Reference Ann: 23-04-2018
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Agreed Session just to add further research and information to...
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