MinRes hopes for first shipments from Onslow by 2023 end

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.MRLMinRes is hoping for a December 2023 start to its Onslow ironore mine in WesternAustralia mining investment resources Australia export hub

PERTH – ASX-listed Mineral Resources has started early works at its Onslow iron-ore project, in Western Australia, in the hopes of shipping first ore by December 2023.

The Onslow mine forms part of the Ashburton hub development, which is expected to cost between A$2.4-billion and A$2.55-billion to develop, with a 30-million-tonne-a-year capacity over an expected 30-year project life.The Onslow mine is expected to produce at a rate of 20-million tonnes a year over a near 30-year period.

MinRes said that the Onslow development would unlock stranded deposits that would otherwise remain undeveloped in the West Pilbara region of Western Australia, using MinRes’ innovative and proprietary equipment designed to process and move bulk commodities at lower costs and with a reduced environmental footprint.

“We’re also setting a new fly-in, fly-out standard with our industry first, resort-style accommodation to ensure the physical and mental safety of our people and to encourage more women, and couples, to live on site,” he added.

 

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