iron valley transaction with mineral resource , page-55

Not sure if Iron Valley Transaction string is relevant for this discussion but lets bear with it.

The EPA website (link attached) has the full document from IOH regarding their wanting to build and run a 10Mton port facility. The report is very thorough and will show IOH are leveraging the fact there is already a port under construction and extensive consultation or fauna, fish, foreshore etc etc has been completed. Looks like the land has already fallen back under the control of the state so not sure want that means for the Dampier Port Authority DPA as owners of the port. The land requirements for IOH's operation is considerably less (320 Hectares)and their impact on the land, foreshore, seabed etc is minimal.

Makes a good read.

Anyway IOH want to build and run stage one, a 10Mton facility with capability to be expanded to 20Mton to accommodate other Iron ore hopefuls.

https://consultation.epa.wa.gov.au/seven-day-comment-on-referrals/a564207

Iron Ore Holdings Ltd (IOH, the Proponent) intends to plan,
construct, and operate from the first stage of a new multi-user
iron ore export facility at Cape Preston East (Proposal). The
facility will have an initial capacity of 10 Mtpa, with
expandability to 20 Mtpa and will be vested in the Dampier Port
Authority (DPA) under the Port Authorities Act 1999. It is
based on land surrendered to the State under the provisions of
Mineralogy’s State Agreement Act.

Timeframe in
which the activity
or development is
proposed to occur
(including start
and finish dates
where applicable).
Commence Construction Stage 1 Q3 2013
Complete Construction Stage 1 Q1 2015
The timing of further development of Cape Preston East
facilities will depend upon the demand by other parties to utilise
the facilities.
Details of any
staging of the
proposal.
The Proposal will be staged in development. IOH expects to
utilise the port capacity up to approximately 10 Mtpa (Stage 1)
and will be the foundation Proponent for the Cape Preston East
facilities.
Does the
proponent own
the land on which
the proposal is to
be established? If
not, what other
arrangements
have been
established to
access the land?

The land and waters on which the Proposal is based is
currently secured by the State of Western Australia under
Section 19 of the Mining Act 1978.
Section 91 of the Land Administration Act 1997 (LAA) is being
used to investigate the corridor from the NWCH to Cape
Preston East. These areas, together, will be vested in the DPA
under the Port Authorities Act 1999.
The Proponent is currently negotiating leases with DPA as
required to commence construction of the Project.