Incitec Pivot will stop storing explosive materials at its Port Adelaide site, which the South Australian government has purchased for an undisclosed sum after local safety concerns.
News Corp reported yesterday that the move will take place in 2014, and calcium ammonium nitrate will not be stocked at the fertiliser plant from the end of January.
The relocation would "send a strong positive message about the future renewal of Port Adelaide," said SA Premier Jay Weatherill, according to News Corp.
James Whiteside, chief operating officer at Incitec, said that a new location had yet to be chosen by the company.
"For us, we want to make sure that we've got a good operation that is in an area that is suitable for our activities," he said.
The ABC reports that Port Adelaide-Enfield Mayor Gary Johanson has applauded the announcement, which will put to rest fears from locals regarding being near to volatile material.
"I can understand the concerns of members of the community that write to me expressing disbelief that they could've bought in to an area unaware that they're at risk of being in a blast zone," he said.
"I applaud the State Government for this progressive move. Both the state government, and to their credit the Liberals, have taken a strong interest in the Port for probably the first time in history.
"The only thing that does concern me is that this would make the third time, if not more, that the Government has promised to relocate Incitec Pivot in the last three years."
Image: Herald Sun