Leading agribusiness Emerald Grain and mining company Iron Road have formed a strategic partnership to develop a new multi-commodity distribution network in South Australia.
The partnership taps into the Central Eyre Iron Project, a new rail and port export facility being built by Iron Road and the first of its kind in South Australia.
The proposed port facility at Cape Hardy on South Australia’s Eyre Peninsula is part of a larger infrastructure development, which will create stronger export opportunities for the state and Australia.
“The development will not only be designed to support mining and ore processing operations, but will allow third parties like Emerald Grain to access modern and efficient transport facilities, creating new opportunities for grain growers and other industries to expand,” said the Minister for Industry and Innovation, Christopher Pyne.
Iron Road’s planned Central Eyre Iron Project rail and port infrastructure will create a deep water port capable of handling the largest bulk cargo vessels with connections to heavy haulage railway.
“The project is an excellent case of cross-collaboration between two of South Australia’s largest industries, Agribusiness and Energy Resources, both of which have been identified as the Government’s key industry growth sectors,” Mr Pyne said.
Mr Pyne said the federal government will invest $248 million over four years to drive innovation, productivity and competitiveness in six industry growth sectors, through its Industry Growth Centre Initiative.
“Emerald Grain and Iron Road partnership is a great example of how innovation can produce a stronger outlook for Australia’s export industries,” he said.