Mining Intelligence and News
Australia

Iron Valley Mine

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Overview

Mine TypeOpen Pit
StatusActive
Commodities
  • Iron Ore
Mining Method
  • Truck & Shovel / Loader
Production Start... Lock
Mine Life... Lock
SnapshotIron Valley mine is part of the Pilbara Hub (previously Utah Point).

Owners

SourceSource
CompanyInterestOwnership
Mineral Resources Ltd. 100 % Indirect
In Q4 FY2024, MinRes agreed to acquire Iron Valley iron ore assets from BCI Minerals and assumed 100 per cent ownership of the project. After 10 years operating Iron Valley under a mine gate agreement, full ownership removes this arrangement and delivers more control and flexibility over operations, supporting increased economic gains.

Deposit type

  • Detrital Iron (DID)
  • Banded iron formation

Summary:

The Iron Valley deposits are located in the Central Pilbara region of Western Australia.

Mineralisation within the Iron Valley deposit occurs as outcropping and buried Banded Iron Deposit (“BID”) and Detrital mineralisation (“DID”). Outcropping geology in the project is the Dales Gorge, Whaleback Shale and Joffre Members of the Brockman Iron Formation which host the BID mineralisation (predominantly in the Joffre member). Incised into this bedrock geology are deposits of DID mineralisation.

The Iron Valley deposit extends approximately 6 km along a strike of 030°. Width varies from 50m to over 600m. Thickness varies from <15m to >120m.

Reserves

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Mining Methods

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Comminution

Crushers and Mills

Milling equipment has not been reported.

Processing

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Production

CommodityUnits202420232022202120202019201820172016
Iron Ore Mt  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe6.7 5.6 7.3 5.9 
All production numbers are expressed as lump & fines. ** Combined production for Iron Valley Mine and Wonmunna Mine

Operational metrics

Metrics2024202320222021
Waste  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe
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Production Costs

Commodity production costs have not been reported.

Financials

Units20242023202220212020201920182017
Revenue M AUD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 54.3   33   63.5  
Pre-tax Income M AUD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 9.7   2.8   15.4  
EBITDA M AUD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 12.3   5.6   18.3  

Heavy Mobile Equipment

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Personnel

Mine Management

Job TitleNamePhoneEmailProfileRef. Date
....................... Subscription required ....................... Subscription required Subscription required Oct 28, 2024
....................... Subscription required ....................... Subscription required Subscription required Oct 24, 2024
....................... Subscription required ....................... Subscription required Subscription required Oct 28, 2024
....................... Subscription required ....................... Subscription required Subscription required Oct 24, 2024
....................... Subscription required ....................... Subscription required ........... Subscription required ........... Subscription required Subscription required Oct 28, 2024

Total WorkforceYear
...... Subscription required 2024

Aerial view:

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