Land has been purchased north east of Tumby Bay for the purposes of developing a bulk commodities export port. The site has been referred to as Sheep Hill. The project now is called Port Spencer. Centrex Metals Ltd is the project proponent. The site is immediately north of Lipson Cove. The proposed port (if approved) will be capable of loading Capesize ships (either directly or by transshipment) for export of iron ore and potentially, grain.