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SIGNED, SEALED AND DELIVERED

Anglo transitions to low MACA’s reign continues Stage 1 development of its C4 iron de-
posit.
emission fleet at King of the Hills The contract is for all aspects of opera-
tions “from pit to port” on a cost-plus ba-
Anglo American plc has introduced LNG MACA Ltd has been selected as the pre- sis. GWR is not required to provide any
into its chartered fleet for the first time in ferred EPC contractor for Red 5 Ltd’s King upfront capex or opex and will retain a
signing a 10-year charter contract for four of the Hills gold project in Western Aus- 70% share of the project profit, while also
LNG-fuelled cape size vessels. tralia. maintaining the rights for ore sales, strat-
The new build LNG vessels offer sig- The contract will consist of the process- egy and timing.
nificant environmental benefits, including a ing facility, equipping of the bore fields, high Stage 1 development covers just 1mt of
35% cut in carbon dioxide emissions com- voltage power distribution, workshop, ware- the 21.6mt @ 60.7% iron resource at C4.
pared to standard marine fuel, while also us- house and bulk earthworks. The award re- PRG officially began development and
ing new technology to eliminate the release mains subject to a $10 million authority to site works in October and production re-
of unburnt methane, or so-called “methane proceed to enable plant design and earth- mains on track to start this month, with the
slip”. works mobilisation. first shipment scheduled for early 2021.
Designed to be larger than, but remain as Phase 1 of the contract is valued at $50 GWR has also started accepting offtake
flexible as, a conventional capesize vessel, million. Phase 2 remains subject to debt proposals for the sale of its product and
the new builds will optimise cargo transport financing arrangements being resolved by is close to finalising discussions with the
by increasing load and improving overall Red 5. Mid West Ports Authority and current us-
cost effectiveness. The EPC and bulk earthworks contracts ers for port and shed access.
U-Ming Marine Transport will own the are in addition to an earlier supply contract
newly designed 190,000t LNG-fuelled bulk for long-lead items, including the SAG mill
carriers. The fleet will be built by Shanghai and gyratory crusher. WestAuz drives into
Waigaoqiao Shipbuilding in China and is ex- All contracts are expected to generate Golden Swan
pected to be delivered in 2023. $129 million for MACA, which will utilise its
The fleet is expected to carry up to 5 mtpa, civil division to assist with delivery of the Kalgoorlie-based underground contrac-
transporting iron ore from Anglo American’s bulk earthworks. tor WestAuz Mining has been awarded the
operations in Brazil and South Africa to the highly sought Golden Swan drill drive con-
company’s global customer base. The new GWR gets going at C4 tract by Poseidon Nickel Ltd.
builds will be flagged and registered in Sin- WestAuz will develop the circa 400m drill
gapore, which will also serve as prime bun- GWR Group Ltd has formally executed drive from the existing Silver Swan decline
kering port, thereby avoiding deviations from an alliance mining contract with Pilbara to the emerging Golden Swan discovery to
trading routes for refuelling purposes. Resource Group Pty Ltd (PRG) for the facilitate resource definition and ongoing ex-
In October, Anglo American was among
the founding signatories of the Sea Cargo
Charter – created by some of the world’s
largest energy, agriculture, mining, and
commodity trading companies, with the
aim of establishing a standard methodology
and reporting framework to allow charterers
to measure and align their emissions from
ocean transportation activities.
Anglo American is also a member of the
Getting to Zero Coalition, an alliance com-
mitted to getting commercially viable deep
sea zero emission vessels powered by zero
emission fuels into operation by 2030, and a
partner of the Global Maritime Forum.
MACA has been awarded the EPC and bulk earthworks contracts for Red 5’s King of the
Hills gold project in WA

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SUPPLY CHAIN SOLUTIONS

Africa logistics specialists / consolidations / multi-modal /
remote site logistics / warehousing / full documentation management /
projects / freight forwarding / road - air - ocean - charter

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