https://www.miningweekly.com

WA miners facing higher port fees

23rd June 2017

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

     

Font size: - +

PERTH (miningweekly.com) – Western Australia’s miners will be hit with additional shipping fees of between 3c/t and 4c/t as part of the state government’s efforts to plug revenue losses.

Transport Minister Rita Saffioti said on Friday that port fees for the state’s biggest companies would increase as part of the state’s 'budget repair' programme, and were expected to generate some A$95-million in revenues.

However, junior miners using the Utah Point Bulk Handling Facility will be spared the brunt of the increases, with Saffioti saying the discount in port changes for junior miners would continue.

"This is a decision we have had to make to fix the Budget mess left behind by the Liberal National government. Everyone will share the burden to help pay for the Liberals and Nationals' out of control spending.

“Fixing the mess we have inherited will take time, but we will do everything possible to minimise the impact. That's why we have extended the discount for junior miners, giving them confidence going forward,” she added.

The extension of the discount is intended to provide certainty to junior miners using the Utah facility in the current climate and will be applied to iron-ore exports from July 1.

Fremantle port's fees and charges will increase by an average of 2.5%, the ports of Albany, Bunbury and Esperance will rise 0.5%, while the Port of Broome's fees increase by 2%.

Edited by Creamer Media Reporter

Comments

The functionality you are trying to access is only available to subscribers.

If you are already a subscriber, you can Login Here.

If you are not a subscriber, you can subscribe now, by selecting one of the below options.

For more information or assistance, please contact us at subscriptions@creamermedia.co.za.

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
PLUS
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?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION