Yilgarn Job Prospects Hinge on Green Light
The future of iron mining in the Yilgarn is in the balance with three new mines proposed for construction as soon as practicable. Cliffs Natural Resources plans to mine its F Deposit near Koolyanobbing and Mineral Resources has proposed to mine J5 and Bungalbin East 100km north-east of Southern Cross.
The mines will provide some ongoing ore for Cliffs which currently exports almost 12 million tonnes per annum (Mtpa) through Esperance Port and will provide all of the ore beyond 2017 for MinRes, which exports 5.4 Mtpa through Kwinana Bulk Terminal.
An economic-impact study by independent engineering consultants AECOM in September forecast that MinRes’ proposed mines will support substantial employment beyond 2030. The total number of direct and indirect full-time equivalent positions is almost 1500, which includes 585 direct jobs on site and in the supply chain.
Cliffs currently supports about 1660 direct and indirect FTEs, including about 650 directly.
Total jobs supported by iron ore mining in the Yilgarn by these two companies is 3160 (Industry standard ABS multipliers are used to calculate indirect job numbers).
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