Sinosteel continues its commitment to develop mineral resources in Western Australia, with the purchase from Mitsubishi Development Pty Ltd, the entities Crosslands Resources Pty Ltd (the owner of 3.89Bt JORC iron ore resource at Jack Hills) and Oakajee Port and Rail Pty Ltd (owner of intellectual property for the Oakajee Port and Rail Project).
Sinosteel’s presence in the Mid West now comprises; Sinosteel Midwest Corp Ltd (Weld Range Iron Ore Project a 300Mt direct ship hematite resource and existing Blue Hills DSO mine), Crosslands Resources P/L & Oakajee Port and Rail P/L.
Sinosteel will now commence a thorough review of Crosslands’ Jack Hills Expansion Project (JHEP) and the Oakajee Port and Rail Project.
Stuart Griffiths CEO of Sinosteel Midwest Group of Companies.
Media contact:
Luke Derbyshire Spoke Corporate M: 0488 664 246
E: luke@spokecorporate.com
About Sinosteel Midwest Group of Companies
Sinosteel Midwest Group of Companies comprises: Sinosteel Midwest Corporation Limited (Sinosteel Midwest), Crosslands Resources Pty Ltd (Crosslands) & Oakajee Port and Rail Pty Ltd (OPR)
Sinosteel Midwest is developing iron ore and steel materials projects from one of the largest land holdings in the expanding Mid West resources region of WA. It has advanced production opportunities for iron ore at Weld Range, Jack Hills and Robinson Range. It has a 300Mt direct ship hematite ore resource at Weld Range and 1Bt Magnetite resource at Jack Hills. The Weld Range project is expected to produce 10+ million tonnes per annum for 25 years and will be a cornerstone project to further develop infrastructure in the Mid West.
Crosslands owns the Jack Hills iron ore mine and the Jack Hills Expansion Project to develop a 20Mt pa magnetite mining and beneficiation operation (3.89Bt resource). The mine is located at Jack Hills, which is 380 kilometres north-east of Geraldton and is very close to Sinosteel Midwest’s 1Bt magnetite resource which is also located in the Jack Hills range.
Oakajee Port and Rail (OPR) has been developing a greenfields infrastructure and supply chain business to transport iron ore from Western Australia’s mid-west to customers across the globe. The deepwater port, proposed for a site 24 km north of Geraldton, will cater for the world’s largest ore carriers and the 570km rail network will service operating and emerging mining projects across the region. Project planning, evaluation, engineering and regulatory approvals are well advanced, independent peer reviews, including value engineering assessments, have identified OPR’s port and rail design as the optimal solution to meet the government’s scoping requirements.
Sinosteel Corporation, one of China’s biggest suppliers of raw materials to Chinese steel mills, purchased Midwest Corporation in 2008. It is committed to the responsible and sustainable development of Sinosteel Midwest’s assets.
Phase one of Sinosteel Midwest’s development is the Koolanooka/Blue Hills (Mungada) Project (Koolanooka and Blue Hills sites) which produced 9 million tonnes over a period of five years – the next phase is the Blue Hills mine expansion project which received Environment Ministerial Approval in December 2017 and is currently going through the final stages of secondary mining and environmental approvals.
Sinosteel Midwest possesses the capital, resources, technical skills and the people to continue to play a major role in the development of the Mid West region, and is positioned to continue doing so actively now, by restarting its Blue Hills mining operation and developing more mines in the Mid West of Western Australia. www.smcl.com.au
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