$850m mining project in NT to create thousands of jobs

Monica Gameng   |   March 9, 2017

More than 2,000 jobs are expected to be created in the Northern Territory following the signing of a Project Facilitation Agreement (PFA) between Australian metals company TNG Limited and the State Government for an $850 million mining project.

The Mount Peake vanadium-titanium-iron mine project – located 280km north of Alice Springs – has been given A Major Project Status and the signing of the PFA is another milestone towards the development of the mine and the TIVAN metals refinery in Darwin.

“The Territory Labor Government is restoring trust in Government by creating jobs and the development of major projects such as the Mount Peake Vanadium-Titanium-Iron Mine will play a critical role.

“This is an $850 million project with potential for 500 jobs during construction and more than 200 jobs during operation of the mine, plus more than 1,200 jobs during construction and 400 jobs during operation of the refinery,” said Chief Minister Michael Gunner.

p1.jpgProject map (source: TNG Limited)

TNG is currently undertaking a various range of technical, engineering and environmental studies which will help in assessing this project before the company makes a Final Investment Decision. A full Environmental Impact Study will also be conducted throughout 2017, including stakeholder consultations.

Subscribe to Felix Project News today to receive the latest updates on this major project.

Don’t forget to check out the free infographic below which highlights a number of tips to help you win more hire work for your business.

Source: Australian Mining and NT Government Newsroom

Monica Gameng
As Felix's Marketing Assistant since 2015, Monica is responsible for researching and sharing new and progressing projects within the construction and mining sectors in Australia. It's no surprise that Monica has her finger on the pulse of Australian major projects given she has produced more than 1,000 posts. She truly is an industry expert.
Follow me:

Related Articles

$850m Coopers Gap Wind Farm in QLD now underway

Construction on the $850 million Coopers Gap Wind Farm on Queensland’s Darling Downs region is now underway, and the project is expected to support up to 200 jobs.

Projects, SA
Road upgrades begin under $850m Torrens to Darlington package of works

Works are now underway on the first intersection and road upgrade at Selgar Avenue, delivered under the $850 million package of broader network and amenity upgrades along the final 10.5-kilometre section of South Road in South Australia. 

Proposed $1bn energy and ammonia project in QLD to create 1000 jobs

Queensland’s independent Coordinator-General has declared Australian Future Energy Pty Ltd’s (AFE) proposed $1 billion Gladstone Energy and Ammonia Project a coordinated project. This billion dollar project is going to be located in the Gladstone State Development Area (SDA) and it is expected to generate up to 1,000 jobs for the region.

Get the latest project news

Formerly known as the PlantMiner blog, Felix Project News is Australia's top 10 Construction blog. Join thousands of construction and mining pros getting the best content right in their inbox.
  • updates on Australia's pipeline of state and federal projects
  • fresh contract awards from major contractors and builders

If you're looking to contact us about other matters, please contact us.