Balmoral South mine

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Balmoral South mine
Location
Australia Western Australia location map.svg
Schlaegel und Eisen nach DIN 21800.svg
Balmoral South mine
Location in Australia
Location Pilbara
State Western Australia
Country Australia
Coordinates 21°07′47″S116°07′39″E / 21.129670°S 116.127616°E / -21.129670; 116.127616
Production
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]

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References

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