Project number | OEPA:156 |
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Project name | North Star Magnetite Project |
Project status | Current |
Proponent(s) | FMG Iron Bridge (Aust) Pty Ltd (ACN 150 848 025) |
Project location | Approximately 110 kilometres south-south east of Port Hedland |
Project bioregion(s) | Pilbara |
Assessment criteria | Flora and Vegetation, Terrestrial Fauna |
Residual impact | Following the implementation of all mitigation measures, the proposal would have the following significant residual impacts from the clearing and direct disturbance of up to 4,449 ha of native vegetation in ‘good to excellent’ condition in the Chichester subregion, including: |
Offset conditions | 14 Offsets (Integrating Factor) 14-2 The proponent’s contribution to the initiative identified in condition 14-1 shall be paid biennially, the first payment due on 31 May in the second year following the commencement of ground disturbance. The amount of funding will be made on the following basis and in accordance with the approved Impact Reconciliation Procedure required by condition 14-3: 14-3 The real value of contributions described in condition 14-2 (i) and 14-2 (ii) will be maintained through indexation to the Perth Consumer Price Index (CPI), with the first adjustment to be applied to the first contribution. 14-4 Should the proponent be required to provide an offset under a condition of approval of the Australian Government under the Environment Protection and Biodiversity Conservation Act 1999, the proponent may write to the CEO seeking a reduction in the funding required under condition 14-2. 14-5 The proponent shall prepare an Impact Reconciliation Procedure to the satisfaction of the CEO. 14-6 The Impact Reconciliation Procedure required pursuant to condition 14-5 shall: |
Statutory process | EP Act Environmental Impact Assessment (Part IV) |
Approved project area (ha) | 5141.0 |
DECISION 1 | ||||||||||||||||||
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Date: 2015-01-09 | Ministerial statement: 993 | |||||||||||||||||
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