Who Is Investing?
Stockman Mine Project
A Western Australian company, Independence Group, is currently seeking the necessary approvals to establish a copper and zinc mine near Benambra. Once approved the project will generate significant job growth and economic activity for the region.
East Gippsland has substantial mineral sands deposits and several mining companies, including Metallica Minerals, Iluka Resources and Oarsome Australia are currently undertaking exploration works.
Eastern Asphalt Plant
A state-of-the-art plant producing 80 tonnes an hour with 100 tonne storage capacity has recently been constructed in Bairnsdale at an estimated value of $3 million.
One of the region’s largest vegetable production and logistics companies, Bonnacord Ingram is establishing a transport hub incorporating cool-room storage, washing and maintenance and office facilities. There will also be a vegetable processing and value-adding facility. This investment is estimated at $2.5 million.
Orbost Foodworks is expanding its supermarket from 1500 square metres to 2500 square metres. Investment: Approx $4.2 million.
Ritchies IGA Supermarket Paynesville
Investment of approx $3 million in a brand new supermarket and car park, recently opened.