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Mt Bevan Iron Ore Joint Venture project, Australia

Image of iron-ore stockpile

Photo by ©Reuters

13th December 2024

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

     

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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.
 

Edited by Martin Zhuwakinyu
Creamer Media Magazine Managing Editor

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