Location | |
---|---|
Balmoral South mine Location in Australia | |
Location | Pilbara |
State | Western Australia |
Country | Australia |
Coordinates | 21°07′47″S 116°07′39″E / 21.129670°S 116.127616°E |
Production | |
Products | Iron ore |
The Balmoral South mine was a proposed large iron ore located in the Pilbara region of Western Australia. Balmoral South represents one of the largest iron ore reserves in Australia and the world, having estimated reserves of 859 million tonnes of ore grading 22.6% MagFe and 31.2% Fe.[1] It is currently owned by Clive Palmer's company Mineralogy.
The mine never went ahead and was the subject of a legal dispute between Palmer and the Government of Western Australia, the latter being sued for AUS$27.7 Billion.[2] Later on, the WA Government passed legislation to defend itself which Palmer unsuccessfully challenged.
On 30 March 2023, Palmer initiated legal action against the Commonwealth of Australia to seek $300 billion in damages.[3]
References
- ↑ "Balmoral South Iron Ore Project, Australia". mining-technology.com. 2012. Retrieved 10 June 2013.
- ↑ "Clive Palmer sues WA for $30b over proposed Pilbara Balmoral South iron ore mine". Perth now. 12 August 2020. Retrieved 8 September 2020.
- ↑ "Clive Palmer to sue Australia for $300 billion over iron ore project in WA's Pilbara region". ABC News. 30 March 2023. Retrieved 1 April 2023.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.