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State Agreement supports $5.6 billion Pilbara project

The State Government will support the development of a new $5.6 billion integrated iron ore development in the Pilbara, which is expected to create more than 4,000 jobs.

WA Premier Mark McGowan today introduced the Railway (BBI Rail Aus Pty Ltd) Agreement 2017 Bill into State Parliament, ratifying an agreement struck between the State and the project proponents earlier this year.

The Balla Balla Infrastructure Group plans to construct a new export facility on the Pilbara coast between Karratha and Port Hedland, with a 162-kilometre railway linking it to iron ore deposits in the central Pilbara.

The State Agreement provides tenure for the railway component of the project, and also sets out local industry participation, community development, and third-party access requirements.

A final investment decision for the project is expected next year. If approved, the project is expected to create 3,300 construction jobs and 910 operational positions.

The State Agreement was executed by the previous government in January 2017, with WA Labor committing to support it if elected.

Source: Government of Western Australia.