Port Spencer

timetable

Ownership:

50%

Location:

Eyre Peninsula, South Australia

Summary:

The proposed Port Spencer multi-user deep water port facility on the east coast of the Eyre Peninsula South Australia is a pending joint venture with Chinese steel major Wuhan Iron & Steel (Group) Co. The port will be for the export of bulk commodities including Centrex’s own iron ore projects in the region.
The initial design for the port encompasses a 515m jetty into water capable of loading Cape class vessels on any tide. The development will also accommodate Panamax berthing and loading facilities for grain exports. Initial capacity of the port is for 20Mtpa utilising a 5,000tph shiploader. With the installation of a 10,000tph shiploader the port capacity could be doubled with minor design changes. The port requires no dredging and is in an area that is not subject to extreme weather events.
South Australian Government approval for Stage 1 of the development was received and Federal Government Approval is expected in 2013.