The City of Kalgoorlie-Boulder has today signed a sublease for its strategic industrial land with Lynas Corporation Limited for their new Rare Earth Processing Facility in Kalgoorlie-Boulder.
The project is expected to create up to 500 jobs during construction and over 100 ongoing residential jobs in Kalgoorlie.
City of Kalgoorlie-Boulder CEO John Walker said the signing of the sublease was the next step in the development of a diversified future for Kalgoorlie-Boulder.
“Strategically, we are continuing to work towards future proofing our City, and one of the ways we are doing this is by facilitating major projects, like Lynas’ Rare Earth Processing Facility, which will help to change the economic landscape of Kalgoorlie-Boulder,” he said.
“The economic benefits this plant will bring to our City, not only during the construction phase, but also in the long term as it brings online more than 100 ongoing residential workers, for a project life of at least 20 years, will be significant.
“These workers will bring their families, which will mean an increase in population, and all of the positive flow on effects that increase in population will have on our local economy.
“We’d like to thank Lynas for the way they’ve worked collaboratively with the City and the State to bring this project to fruition, and for Amanda Lacaze’s vision in recognising the benefits of Kalgoorlie-Boulder.
“For nearly 130 years, Kalgoorlie-Boulder has been synonymous with gold, but we are moving forward as a thriving, diverse and resilient economy with world class critical mineral resources and globally recognised mining and mineral processing education, and each step forward we take with Lynas reinforces that.”