Business Developments in the region

>>>Business Developments in the region
Business Developments in the region2019-07-03T14:35:43+10:00

Parkes is experiencing unprecented development across a range of industry sectors that are leveraging on the strategic advantages of our region.

The commencement of the Inland Rail Project from Parkes to  Narromine and the announcement of Parkes as the State's first Special Activation Precinct has attracted interest from major industry players looking to leverage Parkes' unique location at the intersection of the east-west and north-south rail route.

Pacific National's ParkesTerminal

Pacific National has committed an initial $35 million to develop the company’s Parkes Logistics Terminal, located within the National Logistics Hub, and acquire rollingstock like freight wagons.

Clean TeQ Sunrise Project

Clean TeQ is developing its world-class Sunrise nickel, cobalt, scandium project approximately 45 minutes west of Parkes at Fifield. Their operations centre will be located in Parkes.

Northparkes Mine Expansion

China Molybdenum Company (CMOC) and Sumitomo have announced the final approval of an Expansion Project at CMOC-Northparkes Mines (Northparkes) in the Central West of New South Wales. The investment will be $72M spread over two years.

Australian Mines Project

Australian Mines has acquired 100% ownership of Flemington, located 45 minutes West of Parkes near Fifield, with the Project representing a second potential cobalt production source in the medium term. The company occupies an office space in Parkes.

Goonumbla Solar Farm

Fotowatio Renewable Ventures (FRV), a leading global developer of renewable utility-scale projects, has announced the signing of a power purchase agreement (PPA) with Snowy Hydro, for the production of the 67.8 MW AC of the Goonumbla Solar Farm project that will be developed approx 10kms west of Parkes.

Tomingley Gold Project

The Tomingley Gold Project (TGP) covers an area of approximately 440kmstretching 60km north-south along the Newell Highway from Tomingley in the north, through Peak Hill and almost to Parkes in the south. The operation is going underground after five years of open pit mining finished up in January.

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