Gindalbie Metals Ltd. says the amount of money to be spent on the construction and development work of its Karara iron ore project will touch almost $1 billion within the subsequent months.

The Perth-based iron ore miner says that fresh orders for new tools and infrastructure took the total obligations for Karara to almsot $700 million.

It also said that an additional $300 million in new construction, equipment and services agreements are anticipated to be placed in the coming few months.

The continual allotment of new contracts shows Karara, which is a joint venture project with China's Angang Steel Company Ltd., and is carrying on further with full steam ahead.

That is regardless of Gindalbie's recent public resistance to the federal Government's planned resources super profits tax.

Gindalbie Managing Director, Garret Dixon said in a statement on Tuesday that the award of these considerable new agreements illustrated the confidence that the firm has in the project and has committed itself to bring progress in the Karara project, even as it finalizes the debt backing preparations.

Security provision and final documents are at present being finalized for a $US1.2 billion credit facility and $175 million equity boost being put to use, in order to strengthen the construction work.