Posted in | Iron Ore

Aquila Resources Receives Approval for West Pilbara‎ Iron Ore Mine

The approval of its first iron ore mine saw the shares in Aquila Resources peak at $7.00 this week.

The $6 billion worth iron ore project in West Pilbara was given conditional approval by the Western Australia environment minister yesterday.

The iron ore project will be a joint venture for the company with American Metals and Coal International Inc. The 50-50 partnership project had got conditional approval from the Australian federal government last week.

With these approvals in hand Aquila Resources said that the authorities in the Western Australia government can now consider approving the submissions for the development and operation of facilities on the mine site and the proposed rail way route.

The final approvals of both the state and federal government are expected to come in by the second quarter of 2012 if all goes well said the company. This is the first iron ore project that the company is getting involved with.

Joel Scanlon

Written by

Joel Scanlon

Joel, originally from the UK, emigrated to Australia in 1995 and spent 5 years working in the mining industry as an exploration Geo-technician where he developed skills in GIS Mapping and CAD. Joel also spent a year working underground in a gold/copper mine. Upon moving to the North Coast of NSW, Australia Joel worked as a graphic designer for a leading consultancy firm before starting a successful business providing graphic and web design services to local businesses on the eastern seaboard of Australia. Joel is skilled in project management, web programming, design, animation, database and networking, software and editing. Joel has been with AZoNetwork since its inception in 2000.

Citations

Please use one of the following formats to cite this article in your essay, paper or report:

  • APA

    Aquila Resources Limited. (2019, March 19). Aquila Resources Receives Approval for West Pilbara‎ Iron Ore Mine. AZoMining. Retrieved on June 03, 2020 from https://www.azomining.com/News.aspx?newsID=5523.

  • MLA

    Aquila Resources Limited. "Aquila Resources Receives Approval for West Pilbara‎ Iron Ore Mine". AZoMining. 03 June 2020. <https://www.azomining.com/News.aspx?newsID=5523>.

  • Chicago

    Aquila Resources Limited. "Aquila Resources Receives Approval for West Pilbara‎ Iron Ore Mine". AZoMining. https://www.azomining.com/News.aspx?newsID=5523. (accessed June 03, 2020).

  • Harvard

    Aquila Resources Limited. 2019. Aquila Resources Receives Approval for West Pilbara‎ Iron Ore Mine. AZoMining, viewed 03 June 2020, https://www.azomining.com/News.aspx?newsID=5523.

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
Submit