Tasmania’s Minister for Resources Paul Harriss has issued a mining lease to Forward Mining for their proposed magnetite iron ore mine at Rogetta, south of Burnie in northern Tasmania.
“The Hodgman Liberal Government’s number one priority is jobs and I’m pleased to announce the next step for a mine in the North West which will create hundreds of local jobs. On advice from the director of mines, I have issued a mining lease to Forward Mining for their proposed magnetite iron ore mine at Rogetta,” the Minister said in a statement.
The Rogetta Iron Ore Mine is a greenfield open cut iron ore (magnetite) mine. Forward Mining Limited, a 100% Australian owned publicly unlisted company, will own and operate the mine.
Up to 200 direct jobs are expected to be created during construction and 100 through the life of the project.
Once all regulatory approvals are acquired, mining at the site will commence. The company said it will start operation at the beginning of 2017.
The mine is expected to produce one million tonnes per annum and boost Tasmania’s net commodity export volume of iron ore from around 2.8 million tonnes to 3.8 million tonnes. The ore will be trucked to the Burnie Port for export.
“This is a vote of confidence in Tasmania’s mining industry and shows that mining companies continue to want to invest in our state. Tasmania’s mining and minerals processing sector is a key driver of the Hodgman Liberal Government’s engine of growth for Tasmania and we are unflinching in our support for industry,” the Minister said.