Business|Design|Energy|Environment|Iron Ore|Mining|PROJECT|Pumps|Renewable Energy|Renewable-Energy|Resources|Steel|Water|Environmental|Bearing
Business|Design|Energy|Environment|Iron Ore|Mining|PROJECT|Pumps|Renewable Energy|Renewable-Energy|Resources|Steel|Water|Environmental|Bearing

Magnetite Mines closer to securing water for Razorback

27th September 2023

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia


Font size: - +

PERTH ( – Iron-ore developer Magnetite Mines is a step closer to a water solution for its Razorback project, having been granted approval from the South Australian Cabinet to progress to Step 2 of the state’s unsolicited proposal process for the company’s application to access wastewater from the Stockyard Plains Salinity Management Basin (SPSMB).

The unsolicited proposal relates to one of two preferred water supply options for the Razorback iron-ore project. Up to 10 gigalitres a year of water is required to process magnetite-bearing ores into five-million tonnes a year of value-added, premium-grade iron-ore concentrates for use in low-carbon steelmaking.

Magnetite Mines told shareholders on Wednesday that this approval enshrines an exclusive negotiation period during which the company will develop a business case in conjunction with the South Australian government.

Exclusivity provides Magnetite Mines with a high level of assurance and confidence to proceed with technical design and environmental assessment programmes. A dedicated case manager has also been appointed by the state government.

“For more than 30 years, salinity levels in the Murray river have been government-managed by extracting salty groundwater using an array of bore pumps alongside the river and discarding it to evaporation ponds with no beneficial use. Using this wastewater for value-adding to South Australia’s mineral resources makes logical sense and has potentially profound environmental benefits,” said Magnetite Mines CEO Tim Dobson.

“We have been working closely with the South Australian government this year, aligning our business plan to develop high-grade iron-ore production in the Braemar with the government’s emerging strategy to create a green steel industry in the state on a foundation of renewable energy and green hydrogen production.

“This approval by the South Australian government Cabinet to advance our proposal to access this wastewater source, with exclusive negotiating rights, is extremely encouraging and represents the first material support by the state government for Razorback ahead of the planned submission of our mining lease proposal in the new year.

“Being acutely aware of the arid environment in which we will operate, we take our water stewardship obligations seriously. Beneficially using wastewater from Murray basin salt interception schemes would contribute to a circular economy and is fully aligned with the intent and spirit of our leading ‘foresight’ sustainability platform.”

To watch Creamer Media's latest video reports, click here

Edited by Creamer Media Reporter


Latest News



Rentech provides renewable energy products and services to the local and selected African markets. Supplying inverters, lithium and lead-acid...

Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...


Latest Multimedia

sponsored by

Resources Watch
Resources Watch
19th June 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?







sq:0.337 0.375s - 109pq - 2rq
1: United States
Subscribe Now
2: United States