Mt Bevan Iron Ore Joint Venture project, Australia
Photo by ©Reuters
Name of the Project
Mt Bevan Iron Ore Joint Venture project.
Location
Central Yilgarn of Western Australia.
Project Owner/s
Legacy Iron Ore Limited and Hawthorn Resources; it is managed by Hanroy Iron Ore Projects.
Project Description
Mt Bevan is one of the largest high-grade magnetite projects in Australia, with a current indicated and inferred resource of 1.18-billion tonnes iron-ore at 34.9%.
The project entails the construction of a 12-million-tonne-a-year, high-grade magnetite project.
The mining method considered is a bulk openpit operation, with a mining fleet operating under a standard drill, blast, load and haul model using rigid rear-dump haul trucks and diggers.
Potential Job Creation
Not stated.
Net Present Value/Internal Rate of Return
The project has a net present value ranging from A$740-million to A$3.63-billion.
Capital Expenditure
About A$5.03-billion.
Planned Start/End Date
Not stated.
Latest Developments
None stated.
Key Contracts, Suppliers and Consultants
No information provided.
Contact Details for Project Information
Legacy Iron Ore Limited, tel +61 8 9421 2000 or email info@legacyiron.com.au.
Hawthorn Resources, tel +61 411 366 668 or email info@hawthornresources.com.
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