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EPBC Approval Received

EPBC approved by the Federal Minister for the Environment and Energy 

Approval from the Federal Minister for the Environment and Energy under the Environment Protection and Biodiversity Conservation Act 1991 was given on 9 March 2018. The approval was required in relation to the proposed Cape Hardy port only, in particular the potential of increased shipping movements in the Spencer Gulf to impact on the Southern Right Whale population. The conditions of approval can be found here.

 

 

Community Engagement Plan Approved

Community Engagement Plan approved by the Director of Mines, the Department of the Premier and Cabinet (DPC)

Iron Road’s Community Engagement Plan (CEP) has supported the company’s engagement activities for the Central Eyre Iron Project since 2011. The CEP has evolved through annual reviews and updated to take into consideration local knowledge and stakeholder feedback, and also reviewed in line with DPC’s “Guidelines for Developing a Community Engagement Plan for Mining Operations”.

A condition of Iron Road’s Mining Lease 6467 granted on 3 May 2017 is that the company’s CEP must be submitted to the Director of Mines for approval.

Iron Road is pleased to advise that notification of approval by the Director of Mines was received on 27 October 2017.

The CEP can be viewed here.

 

 

Central Eyre Iron Project Approved

Wednesday, 3 May 2017

Mining Lease & Development Approval Received

Iron Road’s Mining Lease and Development applications have been approved by the SA Government with a formal announcement being made by the Premier, the Hon Jay Weatherill MP and the Minister for Mineral Resources and Energy, the Hon Tom Koutstantonis MP on Wednesday, 3 May 2017.

Receiving the two key South Australian Government approvals for the CEIP Mine and associated Infrastructure is a significant milestone for the Company and adds to the momentum being generated in the areas of finance and construction, particularly in light of Iron Road’s strategic partnerships with China Railway Group Limited (CREC) and Emerald Grain.

The next stages of Iron Road’s development journey will include further engagement with landowners and stakeholders, preparing secondary approval applications, reaching a Final Investment Decision with CREC and ultimately achieving financial close.

Click here to view Iron Road’s announcement to the ASX.

Click here to view the announcement from the Premier and Minister for Mineral Resources and Energy.

All documents relating to the Mining and development applications, including Government assessment reports and relevant project conditions, can be obtained from the SA Government dedicated CEIP website www.ceipconsultation.sa.gov.au

 

 

Sustained Policy Moves By Chinese Government Accelerating Steel Industry Transition To Higher Quality Raw Materials

Tuesday, 21 February 2017

Second Round of CEIP Debt Financing Discussions being held in Beijing this week

There is growing support for our CEIP project to supply high-quality, lower-emission ore to Chinese steel mills facing stricter environmental rules as the attached article in today’s China Daily suggests:

http://www.chinadaily.com.cn/business/2017-02/20/content_28261675.htm

With reports that China plans to invest 2.5 trillion yuan ($365 billion) in renewable energy through 2020 to reduce greenhouse gases and is seeking to curb emissions by iron and steel producers, there is clearly a need for the CEIP’s product.

Mills are being compelled to upgrade their plants or cease operations if they fall short of standards, according to Bloomberg Intelligence.
Managing Director Andrew Stocks said that the policy moves in China support the CEIP’S high grade iron road product and the Company will be meeting with financiers in Shanghai and Beijing over the coming months.

“The consistent high quality nature of our product will deliver significant and compelling advantages as we seek to meet the growing high end supply gap in the iron ore market.

I very much look forward to building a Project that will become a trusted and reliable supplier of premium iron concentrates to the Asian marketplace.”

Read the full China Daily story here

 

 

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