Esperance Port Upgrade going ahead

Date published: 13/05/2014

Yilgarn Esperance Solutions (YES) Limited has been chosen to design, build and operate the new Esperance Port Multi-User Iron Ore Export Facility proposed for Esperance Port. The announcement was made by Minister for Transport, DeanNalder who said that  YES, a consortium led by Asciano, was one of two shortlisted bidders that were requested to submit a proposal to develop the facility.

YES have a proven track record in developing and operating ports in Australia and internationally and the Minister's approval was bsed on a recommendation from the Board of the Esperance Port Authority. The consortium will now enter into conrct negotiations with both the Esperance Port and potential users.

The expansion will result in the port's iron ore export capacity almost doubling, from about 11 million to 20 million tons per annum.

Yes is expected to begin engineering design work immediately following completion of contractual closure, with construction to start shorly after achievement of financial closure.