A Japanese-backed WA company has won the right to build the $1.5 billion Oakajee port north of Geraldton.
Oakajee Port and Rail, a joint venture between Mitsubishi and WA iron ore miner Murchison Metals, has been announced by Premier Alan Carpenter as the successful tenderer to build the port.
The company was bidding against the Chinese-backed Yilgarn Infrastructure for the port contract.
The deepwater port is expected to Ownership of the port will remain with the Government, as will the breakwater, channel and turning basins as they are built.
Other users will be granted third-party access to private-use infrastructure such as berths and loading equipment "on fair and equitable terms", be used mainly by the Mid-West region's burgeoning mining industry and occupants of the Oakajee Industrial Estate, about 25km north of Geraldton
Just a few excerpts from the Oakajee announcement today for the full article link is below