Infrastructure
GWR has signed a foundation customer agreement with Yilgarn Infrastructure Limited to use rail infrastructure, berth and storage facilities, industrial facilities, ship loading and unloading and other infrastructure proposed to be financed and built by Yilgarn Infrastructure at the Port of Oakajee.
Yilgarn Infrastructure has also entered into a foundation customer and infrastructure agreement with Mid West Corporation Limited (now owned by Sinosteel).
Under the terms of the foundation customer agreement Yilgarn Infrastructure has undertaken to finance and build a railway connecting GWR's project at Wiluna West, via Weld Range junction, to the proposed port at Oakajee providing that all the required government approvals are given to the parties. GWR has taken a 20% interest in Yilgarn Infrastructure Limited. Yilgarn is the reserve proponent for construction of the port at Oakajee and GWR believes it retains rights to construct a railway network in the Midwest to transport ore from various mines to the coast. Yilgarn is backed by a consortium of powerful Chinese state-owned companies and has a line of credit with the Exim Bank of China. GWR believes that Yilgarn is the company with the greatest ability to construct a railway from Wiluna to the coast taking in Midwest's Weld Range deposits and linking up with a line from Gindalbie's Karara deposit. The railway will be open access and will encourage the development of additional mining operations in the Midwest.
Geraldton Iron Ore Alliance
The Company is one of seven members comprising the Geraldton Iron Ore Alliance (GIOA). The alliance is promoting the development of a successful iron ore industry in the Midwest region of Western Australia. The GIOA is assisting the members in dealing with the West Australian Government on sustainability including environmental and economic matters relating to mining of iron deposits and building the required infrastructure of rail and port to service this Midwest region.