BC Iron-Fortescue joint venture begins iron ore haulage

Wednesday, 12 January 2011 14:03:40 (GMT+3)   |  
       

Australian iron ore company BC Iron Limited (BC Iron) announced on January 11 that haulage of iron ore has begun by its 50 percent-owned Nullagine Iron Ore Joint Venture with Fortescue Metals Group (Fortescue) located in Pilbara, Western Australia.

Accordingly, iron ore has been transported to Fortescue's ore processing facility at Christmas Creek through public roads with a target of having its first ore shipped overseas in the current quarter.

The crushing and screening plant at the Outcamp Mine has begun wet commissioning works with mined ore.

The construction of the private JV haul road continues and, once an appropriate base is constructed, haulage will commence via this route instead of via public roads.

BC Iron remains on track for its stated targets of shipping the first ore in the first quarter of 2011 and of reaching an initial annual production rate of three million metric tons to be increased to five million mt, with the shipment of one million metric tons by June 30, 2011.


Similar articles

Net profit declines at Vale in Q1 2024

25 Apr | Steel News

Iron ore imports to Mexico grow 110 percent in February

25 Apr | Steel News

Iron ore prices edge up week on week, further movement awaited after May Day holiday

25 Apr | Scrap & Raw Materials

Major steel and raw material futures prices in China – Apr 25, 2024 

25 Apr | Longs and Billet

Fortescue posts record monthly iron ore shipments in March

25 Apr | Steel News

Daily iron ore prices CFR China - April 24, 2024

24 Apr | Scrap & Raw Materials

Anglo American’s iron ore output up 9.4 percent in Q1

24 Apr | Steel News

Ferrexpo records best quarterly performance since invasion of Ukraine

24 Apr | Steel News

Major steel and raw material futures prices in China – Apr 24, 2024 

24 Apr | Longs and Billet

Brazilian high-grade iron ore price declines week-on-week

23 Apr | Scrap & Raw Materials