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Local News: September 2020

By Ray White Concierge

$100M NINE STOREY RESORT

Whyalla’s tourism industry is set to be supercharged through the construction of a $100m nine-storey resort on the city’s foreshore.

The project, which is yet to be approved, would include about 180 hotel rooms, 44 luxury apartments, food and beverage outlets, conference facilities and a large saltwater lagoon.

Thrive Construct executive chairman Barrie Harrop is the driving force behind the project. He and other investors have paid an undisclosed fee to buy the Whyalla Foreshore Motor Inn, which would be demolished to make way for the resort.

New $8m steel centre to create 160 jobs

Around 160 jobs are expected to flow into Whyalla over the next two years following the construction of an $8 million steeel processing centre.

Local Italian firm Ferretti International will be delivering the state-of-the-art facility, while the state government contributing $2 million and the federal government investing $750,000 in the project.

The processing centre will support the Whyalla steelworks with its transformation and allow steel to be processed in the Spencer Gulf city for the Australian market.

Multi-million deal unlocks Stuart Shelf copper-gold potential

Australian exploration and mining company DGO Gold have announced plans to expand land position around a highly prospective copper target, 160-kilometres north of Port Augusta.

The large, shallow Zambian Copper Belt-style target sits on the Stuart Shelf, host to both BHP’s Olympic Dam and OZ Minerals Carrapateena deposits.

Whyalla pitched as hydrogen home

Whyalla has been pitched as a potential home for a $70 million hydrogen hub, with GFG Alliance Chairman Sanjeev Gupta pushing for the hub to be located in South Australia.

Link achieves milestone approval

Construction of a $290 million high voltage transmission line between Cultana and Port Lincoln that could bring more than 200 jobs to the Upper Spencer Gulf has received funding approval from the Australian Energy Regulator (AER).

ElectraNet submitted the Contingent Project Application in May 2020, with the green light from the AER being the final regulatory approval required for the project under National Electricity Rules.

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