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MACQUARIE Capital has signed an agreement with Iron Road and Eyre Peninsula Cooperative Bulk Handling to become a joint developer of the $250 million Cape Hardy Stage I port project on South Australia’s Eyre Peninsula.

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Andrew Newman, division director, Macquarie Capital, Larry Ingle, CEO, Iron Road and Tim Scholz, CEO, Eyre Peninsula Co-operative Bulk Handling on the headland at the Cape Hardy port site.

The proposed multi-commodity deep water port will be able to handle cape size vessels, with port development to include a 148km heavy-haul standard gauge rail connection between Iron Road's proposed