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Marillana iron-ore project, Australia

14th September 2018

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

     

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Name of the Project
Marillana iron-ore project.

Location
Pilbara, Australia.

Client
The project is a 50:50 joint venture (JV) between Brockman (BCK) and Mineral Resources (MRL). Under the terms of the JV, MRL and BCK will enter into commercially viable “process and loading” and “mine-to-ship logistics” agreements, together with other farm-in obligations, for MRL to earn its 50% rights on the Marillana tenements.

Project Description
Marillana is the largest single deposit outside the control of the major iron-ore producers in the Pilbara. The project contains mineral resources of 1.51-billion tonnes, of which more than one-billion tonnes comprises Joint Ore Reserves Committee-compliant ore reserves. The resource will support a minimum 20-year mine life.

BCK and MRL plan to build a 20-million- to 30-million-tonne-a-year iron-ore mine, underpinned by MRL’s Pilbara infrastructure project comprising automated and integrated light rail, stockyard and berth facilities.

The project will produce a beneficiated grade of 60.5% to 61.5% iron.

Potential Job Creation
Not stated.

Net Present Value/Internal Rate of Return
Not stated.

Value
Not stated.

Duration
Not stated.

Latest Developments
None stated.

Key Contracts and Suppliers
None stated.

On Budget and on Time?
Not stated.

Contact Details for Project Information
Brockman Mining, tel +61 8 9389 3000 or email Inquiry@brockmanmining.com.
MRL, tel +61 8 9329 3600 or email reception@mineralresources.com.au.

Edited by Martin Zhuwakinyu
Creamer Media Magazine Managing Editor

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