SHERWIN IRON LTD 
By
22 April 2013
The Territory's resources sector continues to grow, with a mining venture signed off today to
further boost the economy and create an extra 400 jobs.
Australian iron ore exploration and development company, Sherwin Iron, signed a Project
Facilitation Agreement with the NT Government to open up the Roper River for mining of iron ore.
Deputy Chief Minister David Tollner said the agreement outlined how the government and Sherwin Iron would work together to address critical matters such as maximising local industry and employment opportunities, freight logistics and transport, and environmental protection.
"The Sherwin Iron project will create 200 jobs in the construction phase and 400 by the time it's fully operational. Many of the workers will be sourced from the region including local Indigenous communities," Mr Tollner said.
"The project has already been given Major Project status. This clearly indicates the government's desire for this project to succeed and to deliver the substantial economic and regional development benefits that it offers."
Initial production is estimated to commence later this year with export volumes of up to 3,000,000 tonnes per annum of iron ore to be shipped across East Arm Wharf.
"There is no doubt that projects such as Sherwin Iron are exactly the type of projects that government is facilitating to achieve our objective of stimulating stronger economic growth across the Territory," Mr Tollner said.
Over the past six months, Sherwin Iron and government agencies have worked hard to finalise this agreement.
The project:
Situated approximately 475 km south-east of Darwin, or 120 km east of Mataranka
Resource initially discovered by BHP in the late 1950s and early 1960s
Extensive drilling by Sherwin has increased the resource and identified an indicated 39.5 million tonnes of 57.9 per cent Fe Direct Shipping Ore (high grade iron ore)
Stage 1 development is to mine (open cut) and export the Direct Shipping Ore
The ore will be exported via East Arm Wharf to market
Sherwin Iron's Roper Iron Project is an important contributor to the development of the
Roper region.
Media Contact: Georgia McCabe 0438 384 506
www.nt.gov.au
GPO Box 3146, Darwin NT 0801
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