The Arckaringa Project will be one of South Australia's largest new resources developments. It will provide jobs, a
secure local fuel supply, an expanded and upgraded electricity supply network
(particularly for remote northern mining development areas), and an enhanced
water supply (subject to approvals).
Power Generation
According to the Electricity Supply Industry Planning Council, now part
of the Australian Energy Market Operator (AEMO), available power supply
is forecast to fall increasingly short of demand. The Arckaringa Project
will help meet this imbalance and enhance reliable power supply to the
State grid and the National Electricity Market.
If it proves uneconomical to continue mining coal at Leigh Creek beyond the end of the current mine plan (around 2017), the Port Augusta Power Station will need to source alternative sources of coal if it continues to operate. The Arckaringa Project could be a replacement source of coal.
Fuel
As shown on the map below, South Australia is host to a large number of new and expanding resource projects, fostered by a rapid increase in minerals exploration. However, the State’s dependence on imported diesel fuel is rising.
The Arckaringa Project will:
- Provide a secure source of supply for Australia in an era of volatile world markets
- Replace diesel fuel imports
- Boost Australia’s exports to Asia
- Help make South Australia and Northern Territory self sufficient in diesel fuel, following the closure of the Port Stanvac refinery.
CTL fuels are ultra clean to use - they contain zero sulphur, reduce gaseous and particulate emissions, increase engine efficiency and lower maintenance costs.
Clean CTL fuels (diesel, jet fuel) are in demand and free of refinery product margins.
Water
The Arckaringa Project will be able to supply water to the region
from mine dewatering and plant processes, subject to appropriate environmental
management and approval.
Employment and Economic Development
In the form of a CTL and Power Plant, the Arckaringa Project will create around:
- 780 direct jobs
- 550 jobs in mining
- 230 jobs in the CTL/power plant.
And potentially another 2,000 or more jobs in support industries via the recognised industry multiplier effect, with flow on benefits to:
- The Far North Region
- South Australia
- The Nation
The Arckaringa Project will benefit South Australia’s Far North Region in many ways - employment, water, power and fuel, and enhancing the area’s economic well being.
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