MOU For Use Of Port Augusta Iron Ore Export Terminal

• MOU signed with Port Augusta Operations Pty Ltd (‘PAO’) for the use of an iron ore port and transhipment facility.
• PAO will hold a 99-year lease over the former Port Playford, near Port Augusta, which it is developing into a modern iron ore export terminal.
• The port facility is well located with respect to Havilah’s Braemar iron ore projects and existing rail line, which will minimise logistics capital expenditure.

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