fbpx

About

Supporting The South Australian Economy

Port Spencer

  • Port Spencer will be a new deep-sea grain storage and handling terminal, strategically located on South Australia’s Eyre Peninsula
  • It’s being developed by Free Eyre, a local grain company owned by some 500 of EP’s grain growers, responsible for over 70% of the regions grain production
  • It will be operated by Peninsula Ports, a wholly owned subsidiary of Free Eyre
  • Port Spencer will provide a shipping option to Port Lincoln and will be economically beneficial to many of the EP’s grain growers
  • It’s a privately funded, $180 million civil construction project
  • Subject to the relevant approvals being sought, completion is scheduled for the 2021 harvest where it is anticipated it will export over 1 million tonnes of grain annually
  • The Peninsula Ports business model is prefaced on the export of grain only

Overview Of Features

  • Provides 850,000 tonnes of storage via silo and bunker storage
  • Offers the ability for up to 1 million tonnes of grain to be stored 
  • Features a 530 m wharf to cater for Panamax class vessels
  • Upgrades to a substantial area of existing roads and intersections to cater for additional truck movement
  • Capable of handling peak harvest loads of up to 30,000 tonnes per day 
  • Features it’s own onsite energy generation
  • Will significantly reduce truck movements out of Port Lincoln following the closure of the rail line
  • State of the art facility allowing the most efficient and timely unloading facilities for grain growers

WHY is it happening?

  • Driven and owned by EP locals, it provides local farmers and the local community with the power to control their livelihood, utilise local suppliers and create local job opportunities
  • It will significantly reduce traffic congestion and transport distances, and hence creates logistic efficiencies,  reducing the time to move product to market
  • Port Spencer will support global shipping organisations by facilitating the smoother movement of ships, easier completion of cargo transfers and hence shorter departure times once loaded
    – Less than 2 days for 70,000T ships to be loaded
    – Around 20 ships per year
    – Caters for Panamax class vessels

WHERE is Port Spencer?

  • The Port is strategically positioned at Lipson Cove on South Australia’s Eyre Peninsula. It’s 65km north east of Port Lincoln which is presently the closest grain terminal for the region.
  • It’s in the heart of Eyre Peninsula’s grain production region, with a natural catchment of approximately 1.6 million tonnes and located economically closer to or equidistant to any other port.

WHEN – Project Timing

  • Subject to approvals, we are aiming to be in time for the 2021 harvest date as the latest completion date.
Close Menu

engage

Port Spencer News

Please let us keep you informed of all the latest on the Port Spencer project…