Balmoral South mine explained

Balmoral South mine
Pushpin Map:Western Australia
Pushpin Label:Balmoral South mine
Pushpin Map Caption:Location in Australia
Coordinates:-21.1297°N 116.1276°W
Place:Pilbara
Subdivision Type:State
State/Province:Western Australia
Country:Australia
Products:Iron ore

The Balmoral South mine was a proposed large iron ore located in the Pilbara region of Western Australia. Balmoral South represents one of the largest iron ore reserves in Australia and the world, having estimated reserves of 859 million tonnes of ore grading 22.6% MagFe and 31.2% Fe.[1] It is currently owned by Clive Palmer's company Mineralogy.

The mine never went ahead and was the subject of a legal dispute between Palmer and the Government of Western Australia, the latter being sued for AUS$27.7 Billion.[2] Later on, the WA Government passed legislation to defend itself which Palmer unsuccessfully challenged.

On 30 March 2023, Palmer initiated legal action against the Commonwealth of Australia to seek $300 billion in damages.[3]

Notes and References

  1. Web site: Balmoral South Iron Ore Project, Australia. 2012. mining-technology.com. 2013-06-10.
  2. Web site: Clive Palmer sues WA for $30b over proposed Pilbara Balmoral South iron ore mine. 12 August 2020. Perth now. 8 September 2020.
  3. Web site: Clive Palmer to sue Australia for $300 billion over iron ore project in WA's Pilbara region. 30 March 2023. ABC News. 1 April 2023.