https://www.miningweekly.com
Construction|Design|Exploration|Export|Logistics|Mining|PROJECT|rail|Resources|Rolling Stock|System|transport|Infrastructure
Construction|Design|Exploration|Export|Logistics|Mining|PROJECT|rail|Resources|Rolling Stock|System|transport|Infrastructure
construction|design|exploration|export|logistics|mining|project|rail|resources|rolling-stock|system|transport|infrastructure

Marillana JV kicks off

22nd January 2019

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

     

Font size: - +

PERTH (miningweekly.com) – A joint venture (JV) over the Marillana iron-ore project, in the Pilbara, between ASX-listed Mineral Resources (MRL) and Brockman Mining has kicked off, after the parties executed a mine-to-ship logistics agreement for the transport of the Marillana ore to Port Hedland.

MRL said on Tuesday that the Marillana ore will be transported through a light rail system from the mine to the port.

The mine-to-ship logistics agreement will see MRL construct, commission and operate the rail, rolling stock and port infrastructure require to transport up to 30-million tonnes a year of iron-ore from the mine site to Port Hedland, and to load it onto vessels for export, over the life of the Marillana project.

The agreement remains subject to a number of conditions precedent, including MRL executing a State Agreement with the Western Australian government, procuring all the leases and licences for the light rail system and port infrastructure, obtaining project finance to fund the construction and commissioning of the rail and port infrastructure, and the MRL board making a final investment decision to proceed.

In the interim, in order to acquire a 50% interest in the Marillana project, MRL will spend A$250 000 on exploration and development activities over the next six months, complete the process design criteria for the processing plant, optimise the mine plan study and finalise the mine development layout plan.

On the satisfaction of these farm-in obligations, the two companies will form a JV to develop the Marillana project.

Edited by Creamer Media Reporter

Comments

Showroom

SMS group
SMS group

At SMS group, we have made it our mission to create a carbon-neutral and sustainable metals industry.

VISIT SHOWROOM 
Booyco Electronics
Booyco Electronics

Booyco Electronics, South African pioneer of Proximity Detection Systems, offers safety solutions for underground and surface mining, quarrying,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Hyphen, Eva mine, ferrochrome price make headlines
Hyphen, Eva mine, ferrochrome price make headlines
27th March 2024
Resources Watch
Resources Watch
27th March 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.211 0.246s - 108pq - 2rq
Subscribe Now