Balla Balla A$1.5 billion new port development

Overview:

• Pilbara Ports Authority is developing a brand new A$1.5 billion port known as Balla Balla.
• It is predicate on a state agreement between the State of Western Australia and the proponent for a new 160km railway.
• The port will be Western Australia's first transhipment port for iron ore export, and is likely to be the first project financed port developed at a time when iron prices have hit all-time lows.
• The port of Balla Balla is being created by the port authority for the developer to construct a 50 million tonnes per annum export facility to be operated on an "open access" basis.

Adam Majeed - Regional editor