Tasmania’s mining industry was handed a major boost with the start of civil works at the Bald Hill bauxite mine near Campbell Town.
It will be the first bauxite mine to open in Australia for 35 years and will provide the region with enormous economic benefits amid favourable market conditions caused by the worldwide shortage for the commodity.
“The price for bauxite is strong and that’s what’s given us as board the confidence to invest about $10 million here in Tasmania to open up bauxite mining,” said Australian Bauxite Limited Chairman Paul Lennon.
The company expects to mine around 1.5 million tonnes of bauxite, the main ingredient in aluminium, which will be shipped through Bell Bay for both domestic and international markets.
General Manager Rob Williams told ABC that plans were already in place for the opening of additional two mines.
“The mine itself will probably last three to four years but we have two other mines we’re going to bring on-stream as soon as we get them through the approval process,” he said.
Up to 180 jobs are expected to be created from the Bald Hill Mine, including 45 direct jobs and around 135 indirect jobs.
Minister for Resources Paul Harris said the opening of the Bald Hill mine will not only generate significant economic activity but will also serve to showcase the mineral diversity and potential of the state.
“Tasmania is open for business under the Liberal Government and we will continue to work with our mining sector to capitalise on the industry as one of our state’s key strengths,” he said.