Original article by Brad Thompson
The Australian Financial Review – Page: Online : 3-Jan-18
Western Australian Premier Mark McGowan has banned Mineral Resources from carrying out iron ore mining in the Helena-Aurora Ranges conservation park. Mineral Resources had sought to mine there in order to allow it to extend its Yilgarna operations for a further 15 years. McGowan’s decision puts at risk over 400 jobs, while Mineral Resources has estimated the decision will cost the WA government around $A1 billion in state revenue. Mineral Resources is expected to wind up operations at Yilgarna by the end of 2018, and will try to deploy affected workers elsewhere.
WESTERN AUSTRALIA. DEPT OF THE PREMIER AND CABINET, MINERAL RESOURCES LIMITED – ASX MIN, CONSERVATION COUNCIL OF WESTERN AUSTRALIA INCORPORATED, SINOSTEEL CORPORATION