The Northern Territory news Wed 4 Nov 2020
The Northern Territory news; NewspaperNT
Community newspapers -- Northern Territory -- Darwin.; Australian newspapers -- Northern Territory -- Darwin.
News Corp Australia
Copyright. Made available by the publisher under licence.
News Corp Australia
10 NEWS WEDNESDAY NOVEMBER 4 2020 NTNE01Z01MA - V1 Iron-clad sales deal The Frances Creek mine, 250km south of Darwin. Picture: Gary Shipway DEPUTY Chief Minister Nicole Manison has hailed an agreement between global mining giant Anglo American and the operators of the Frances Creek iron ore mine, near Pine Creek. Darwin-based NT Bullion has entered into an agreement with Anglo American to market iron ore from the Frances Creek Mine to worldwide customers. The marketing agreement with Anglo American secures sales for the production of Frances Creek iron ore lump and fines, which will be beneficiated from existing stockpiles over the next nine months. The first shipment is due to leave Darwin by the end of the year. This is a significant milestone for NT Bullion and great news for the Territorys iron ore industry and local jobs, Ms Manison said. She said the resources industry is the Territorys single biggest contributor of ownsource revenue to the NT economy. The strong future of our mining industry will play a huge role in making us the comeback capital of Australia, she said. NT Bullion managing director, Rod Illingworth, said the agreement was a significant milestone for the Territory and introduced stability and consistency in selling the iron ore to markets around the world. We can move forward with plans to increase mining opportunities and local investments in the economy while ensuring the sustainability for Frances Creek mine, the community and employees in the Pine Creek region, Mr Illingworth said. (It) will be a significant contribution to the NT economy. NTBR P19: FULL STORY GARY SHIPWAY BUSINESS EDITOR Marketing agreement introduces export stability Closure of WA border challenged CLIVE Palmers fight against Western Australias hard border was challenged in the High Court on Tuesday. The mining magnate was in Canberra on Tuesday, his media adviser told NCA NewsWire, but he did not attend the hearing in person. Mr Palmers lawyers started the morning arguing the border closure breached section 92 of the constitution, which says trade, commerce and movement among states should be absolutely free. The High Court will hear from states that have intervened in the case on Wednesday. JADE GAILBERGER Clive Palmer. McArthur River Mine Apply now to fast track your career. Want to be paid to study while working at a world-class mine hereinthe Territory? McArthur River Mine is on the hunt for Territorians with a head for numbers to join the next generation of mining engineers through our Mining Engineering Cadetship Program. Over the three-year program, youll have your study fees paid for, receive a competitive salary working a two-weeks on, two-weeks off roster and be guaranteed employment once you graduate.