The Onslow Iron project is being developed by Mineral Resources (MinRes) in partnership with Baowu Steel Group Corp., Ltd., AMCI Group and POSCO Australia Pty Ltd (Red Hill Iron Ore Joint Venture).
MinRes is delivering mining services and infrastructure for the project, including haulage, port and transhipping services to facilitate the export of the product.
Effective Ownership:
- MinRes 60.3%. Onslow attributable volumes are expected to average at MinRes’ 57% equity share over the life of the project. MinRes also holds an indirect interest of 3.3% through its shareholding in Aquila Resources.
- Baowu 18.7;
- AMCI 10.7%;
- POSCO 10.3.
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