Yilgarn welcomes request for proposal for Oakajee port

Yilgarn Infrastructure Limited has welcomed the Western Australian Government’s....

Yilgarn Infrastructure Limited has welcomed the Western Australian Government’s announcement of plans to release the Request for Proposal for the right to build a deepwater port at Oakajee in the State’s Mid West region, with Chief Executive Officer Andrew Carter saying that the company is well prepared for the RFP process and is looking forward to seeing the infrastructure development progress.“The construction of the Oakajee deepwater port and associated rail network is crucial to enable the expansion of the Mid West’s iron ore industry and facilitate the economic growth of the region,” Dr Carter said. “Yilgarn, with our Australian and Chinese partners, has been developing the technical and financial engineering and the necessary studies for this project for two-and-a-half years and, as a consequence, work is well-advanced. “We have Midwest Corporation as a foundation customer of the infrastructure development and have secured strong, Australian-Government approved financial backing from China, along with substantial support from Australian investors,” he said.Dr Carter said Yilgarn is in a position to be able to present a bankable project and take a lead on the infrastructure development while the region’s mines prove up their ore reserves. Yilgarn’s Mid West Rail and Oakajee Port Project would be operated on an open-book, open access, multi-user basis to gain the greatest benefit for the Mid West region and its mines.