Operations & financial report
Iron Ore
| Mine | Location | Access | Title/lease | History | Type of mine | Power source |
|---|---|---|---|---|---|---|
| Hamersley Iron Brockman Marandoo Mount Tom Price Nammuldi Paraburdoo Yandicoogina Channar (60%) Eastern Range (54%) |
Hamersley Ranges, Western Australia |
Railway and port (owned by Hamersley Iron and operated by Pilbara Iron) |
Agreements for life of mine with Government of Western Australia |
Annual capacity increased to 68 million tonnes during 1990s. Yandicoogina first ore shipped in 1999 and port capacity increased. Eastern Range first shipped ore in 2004 | Open pit | Supplied through the integrated Hamersley and Robe power network operated by Pilbara Iron |
| Hope Downs Joint Venture (50% mine, 100% infrastructure) |
Pilbara region, Western Australia | Railway owned and operated by Rio Tinto | Agreements for life of mine with Government of Western Australia | Joint venture between Rio Tinto and Hancock Prospecting Pty Limited. Construction of Stage 1 to 22 million tonnes per annum commenced April 2006 and first production occurred November 2007. Stage 2 to 30 million tonnes per annum has been approved and is forecast to be completed by Q1 2009 | Open pit | Supplied through the integrated Hamersley and Robe power network operated by Pilbara Iron |
| Iron Ore Company
of Canada (59%) |
Labrador City, Province of Newfoundland and Labrador | Railway and port facilities in Sept-Iles, Quebec (owned and operated by IOC) | Sublease with the Labrador Iron Ore Royalty Income Fund which has lease agreements with the Government of Newfoundland and Labrador that are due to be renewed in 2020 and 2022 | Current operation began in 1962 and has processed over one billion tonnes of crude ore since. Annual capacity now 17.5 million tonnes of concentrate of which 13.5 million tonnes can be pelletised Interest acquired in 2000 through North acquisition | Open pit | Supplied by Newfoundland Hydro under long term contract |
| Rio Tinto Brasil Corumbá |
Matto Grosso do Sul, Brazil | Road, air and river | Government licence for undetermined period | Iron ore production started in 1978; interest acquired in 1991 | Open pit | Supplied by ENERSUL |
| Robe River Iron Associates (53%) Mesa J West Angelas |
Pilbara region, Western Australia | Railway and port (owned by Robe River and operated by Pilbara Iron) | Agreements for life of mine with Government of Western Australia | First shipment in 1972. Annual sales reached 30 million tonnes in late 1990s. Interest acquired in 2000 through North acquisition. West Angelas first ore shipped in 2002 and mine expanded in 2005 | Open pit | Supplied through the integrated Hamersley and Robe power network operated by Pilbara Iron |