Genesee & Wyoming Australia (GWA) has signed a binding heads of agreement to provide haulage services for mining company TNG.
TNG will use GWA’s freight line to run the roughly 1,100km journey from a rail siding near its Mount Peake mine to a processing facility in Darwin.
Mount Peake, located around 235 kilometres to the north of Alice Springs, is still in development. The project is focused on the production of vanadium, titanium and iron and is expected to become one of the largest global vanadium projects once mining commences in 2020.
TNG’s concentrate will be loaded at a proposed rail siding at Adnera, on the Tarcoola-to-Darwin rail line around 85 kilometres from the Mount Peake site, for transportation to TNG’s Tivan facility. GWA will also transport the final product from the Tivan facility to Darwin Port for unloading. The company will also supply all necessary locomotives, wagons, vans and fuelling equipment to accommodate the process.
“We are delighted to have engaged GWA as Mount Peake’s rail haulage service provider,” said TNG managing director and CEO Paul Burton.
“GWA’s presence and expertise in logistics and transportation further strengthens TNG’s global network of high-quality partners assigned for the development and operation of Mount Peake.”
GWA CEO Luke Anderson added that the company’s rail haulage solutions would ensure a successful logistics supply chain for the burgeoning project.