Work starts on 120-lot Yilkari Industrial Estate on Kalgoorlie-Boulder's western edge
The State Government last week said contractor Ertech has started stage one of DevelopmentWA's latest industrial estate in Kalgoorlie-Boulder.
When announced in January, the government said the contract with Ertech was worth more than $30 million.
The government said the estate on the corner of Great Eastern Highway and Anzac Drive, opposite Anzac Drive Industrial Park, would ultimately have 120 general industrial lots.
It said stage one lots would range in size from 2500sqm to 1.8ha, which were expected to attract strong interest from both WA-based and interstate businesses.
The government said the 13 lots to be made available by pre-sale next month would be serviced with power, water, NBN, and have direct access to the RAV10 heavy vehicle road network.
It said titles are anticipated in July next year.
The government said the development was forecast to attract about $200m in private investment and create 700 construction jobs during the next decade.
It said once fully operational, the development would deliver 850 new permanent jobs and a $300m annual boost to the local economy.
Planning and Lands Minister John Carey said the development of Yilkari Industrial Park would lead to industry diversification and growth for Kalgoorlie-Boulder and the wider Goldfields region.
''These general industrial lots are expected to support the growth in a variety of industries, including mining support services, transport/logistics, fabrication, and manufacturing,' he said.
Kalgoorlie MLA Ali Kent said Yilkari would provide a long-term asset to the resources sector but also more opportunities for other industries to get established.
'This high-quality industrial estate will play a crucial role in strengthening the city's long term economy quality development,' she said.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
West Australian
10 hours ago
- West Australian
RTS: Harris warns Aussie mining supremacy is under threat, while Minister King fires up on nuclear
Sandfire Resources chief executive Brendan Harris said parts of Africa and Europe are nipping at the heels of Australia as the world's premier mining jurisdiction. Meanwhile, Federal Resources Minister Madeleine King hammered another nail in the nuclear energy coffin and brushed off suggestions artificial intelligence could devastate jobs in the resources industry. Mr Harris, speaking at a Resources Technology Showcase panel, said Sandfire had avoided much of the cost inflation and regulatory approval logjams plaguing Australian mining operations in recent years. West Perth-based Sandfire, which owned the high-grade DeGrussa mine in WA until it was exhausted in 2023, has found renewed success with mines in Spain and Botswana. 'We haven't had anywhere near the level of inflationary pressure in our industry in those two locations (Spain and Botswana) over the last two to three years (compared to Australia),' Mr Harris said. 'In fact, our costs remain relatively steady. Our approvals are generally more easily obtained with the same rigor, I might add. 'But the last one, the thing I feel people need to be really aware of, is in Spain we buy 100 per cent of our power off the grid, 100 per cent carbon emissions-free. 'We haven't had to develop any of that capacity. So when we think about this as a race, somewhat, I think we just need to be careful to assume that we (Australia) are at the front of the pack.' With the panel's discussion revolving around artificial intelligence and its heavy energy requirements in the context of a decarbonising world, a fired-up Minister King emphatically ruled out nuclear energy becoming part of Australia's energy mix. The Coalition made nuclear energy a key tenet of its energy policy leading up to the May Federal election. 'It didn't get them (the Coalition) very far . . . the election was not that long ago, and we talked about it a lot. So at the moment, that's not up for re-consideration.' Minister King said it was 'reasonable' people in the mining industry were fearful of being replaced by AI but she believes the technology would enable a new tranche of 'better, safer jobs' in the industry. Caterpillar vice president of technology and global sales Corey Wurtzbacher and Hancock Iron Ore executive general manager of technology Kate Flanagan were in agreement that AI presented more opportunities than threats. '(AI is) definitely not a threat, it creates more opportunities, a higher level of performance. I'm not a technologist, but I look after a technology team — there's plenty of room in technology for everyone,' Ms Flanagan said. She said a 'Skynet' scenario reminiscent of the 1980s blockbuster film Terminator, where AI machines overpower their human creators and take control of the globe, was an 'unlikely scenario.' Mr Wurtzbacher said Caterpillar was investing big in AI and technology more broadly to enhance its offerings to mining clients across the globe. 'Caterpillar really wants to be positioned with WesTrac as to how do we really provide value to the customer, and lean in heavily with research and development to support that initiative'.
Sydney Morning Herald
11 hours ago
- Sydney Morning Herald
Petroleum tax refund boosts Pilot coffers by almost $4M
Pilot Energy has secured a hefty $3.887 million Petroleum Resource Rent Tax refund from the joint-venture company operating the Cliff Head oil field, after production ceased at the Western Australian offshore site. The refund, submitted and paid via Triangle Energy Operations, was attributed to funds Triangle spent abandoning, decommissioning and rehabilitating the oil field. In a smart move, Pilot received all the tax refund as a condition of the company's purchase agreement to acquire 100 per cent of Cliff Head's assets and facilities from former joint venture partner Triangle Energy. Pilot previously held a 21.25 per cent stake in the joint venture project. The company is already cashed up after recently raising $6.8 million, via a $5 million equity placement and $1.8 million in convertible notes issued through an investor syndicate. Pilot estimates it will receive $4.5 million in total refunds from Cliff Head, when all additional refunds are claimed for oil production ceasing at the facility. Management also believes it may be able to secure further funding from one of a wave of new lenders specialising in loans paid against tax refunds owed to companies. Pilot bought the WA-based Cliff Head oil facility from Triangle, with plans to repurpose the asset as a carbon capture and storage facility within its Mid West Clean Energy project. It appears to have since locked in a state-owned enterprise, experienced with carbon storage and capture, to help develop the project. A consortium of South Korean mega-energy firms led by Korea Southern Power Co is also looking to link up with Pilot and acquire a 60 per cent interest to jointly develop the Mid West project to secure an ammonia supply. The consortium comprises Korea Southern Power Co, Korea East-West Power, Samsung C&T and hydrogen producer Approtium.
The Age
11 hours ago
- The Age
Petroleum tax refund boosts Pilot coffers by almost $4M
Pilot Energy has secured a hefty $3.887 million Petroleum Resource Rent Tax refund from the joint-venture company operating the Cliff Head oil field, after production ceased at the Western Australian offshore site. The refund, submitted and paid via Triangle Energy Operations, was attributed to funds Triangle spent abandoning, decommissioning and rehabilitating the oil field. In a smart move, Pilot received all the tax refund as a condition of the company's purchase agreement to acquire 100 per cent of Cliff Head's assets and facilities from former joint venture partner Triangle Energy. Pilot previously held a 21.25 per cent stake in the joint venture project. The company is already cashed up after recently raising $6.8 million, via a $5 million equity placement and $1.8 million in convertible notes issued through an investor syndicate. Pilot estimates it will receive $4.5 million in total refunds from Cliff Head, when all additional refunds are claimed for oil production ceasing at the facility. Management also believes it may be able to secure further funding from one of a wave of new lenders specialising in loans paid against tax refunds owed to companies. Pilot bought the WA-based Cliff Head oil facility from Triangle, with plans to repurpose the asset as a carbon capture and storage facility within its Mid West Clean Energy project. It appears to have since locked in a state-owned enterprise, experienced with carbon storage and capture, to help develop the project. A consortium of South Korean mega-energy firms led by Korea Southern Power Co is also looking to link up with Pilot and acquire a 60 per cent interest to jointly develop the Mid West project to secure an ammonia supply. The consortium comprises Korea Southern Power Co, Korea East-West Power, Samsung C&T and hydrogen producer Approtium.
