An environmental assessment has given the green light to a proposal to build a $250 million deepwater port facility on South Australia's Eyre Peninsula.
Centrex Metals wants to build a 500-metre jetty, a ship loading facility, storage areas and associated infrastructure to export up to 20 million tonnes of iron and grain from SA each year.
The new Port Spencer facility would be located north of Tumby Bay and about 70 kilometres from Port Lincoln.
Acting Planning Minister Patrick Conlon said the public environmental report had recommended the plan be approved subject to a number of safeguards.
He said the development would provide a major boost to regional investment and jobs.
"The state government is committed to unlocking investment in regional infrastructure but it is important to ensure that all environmental and social checks and balances are met," he said.
Centrex Metals general manager Phil Staveley said the new facility would create about 200 jobs during construction and 50 long-term positions.
"It will also help accelerate the emergence of the Eyre Peninsula as an important new iron ore province," he said.
"Port Spencer is integral in this process as it will allow iron ore mined on the Eyre Peninsula to get to port quickly and efficiently, keeping transport costs to a minimum."
The development now awaits federal government approval before construction can begin.