Australia

Sino Iron Mine

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Categories

Overview

Mine TypeOpen Pit
Commodities
  • Iron Ore
Mining Method
  • Truck & Shovel / Loader
Production Start... Lock
Mine Life2062
ShapshotSino Iron is the largest magnetite concentrate operation in Australia, with some of the world’s biggest grinding mills, remains the world’s largest seaborne supplier of magnetite concentrate to China.

CITIC’s fully integrated operation features an open pit mine serviced by the biggest haul trucks in the world, a six-line concentrator and port terminal facilities at nearby Cape Preston. CITIC’s state-of-the-art power station and desalination plant are among the largest in the State.

Several litigation matters with the tenement holder are ongoing. In March 2023, the Supreme Court of Western Australia delivered its judgment in proceedings commenced by CITIC parties to secure long term approvals and tenure for the Project.

While the CITIC parties were unsuccessful in obtaining all the orders they sought, the judgment provides a pathway that should enable them to seek approval of a proposal for extension of the mine pit and expansion of waste rock storage.

Owners

SourceSource
CompanyInterestOwnership
CITIC Resources Holdings Ltd. 100 % Indirect
CITIC Mining International through its Australian subsidiary, CITIC Pacific Mining, has developed and operate the Sino Iron project, the largest magnetite operation in Australia.

Contractors

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Deposit type

  • Banded iron formation

Summary:

The Sino iron project geologically lies near the George Palmer deposit, which is situated within the Hamerseley basin.

The Hamersley Basin, located in the Pilbara Block in northwestern Western Australia, is about 500 km long and 250 km wide, with a west-north westerly elongation. The basin is defined by the extent of the Hamersley Group sedimentary and volcanic rocks and contains extensive banded iron formations (BIFs) and large hematite-goethite iron deposits, which occur with the BIF units.

Archean (42800 Ma) granite-greenstone outcrops over most of the northern half of the Pilbara Block and is unconformably overlain by the Hamersley Basin in the southern half of the block except for a few exposures in inliers or domes within the basin.

The Hamersley Group conformably overlies the Fortescue Group and is conformably overlain by the Turee Creek Group. It is approximately 2.5 km thick and consists of four important iron formations separated by sequences of dolomites, shales and volcanics.

Mining Methods

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Comminution

Crushers and Mills

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Processing

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Production

CommodityUnits2022202120202019201820172016
Iron Ore kt 0000000000000000000017,47215,47010,010
All production numbers are expressed as concentrate.

Operational metrics

Metrics2018
Annual production capacity 27.6 Mt of iron ore concentrate

Production Costs

Commodity production costs have not been reported.

Financials

Units20222021202020182017
Revenue M HKD  ....  Subscribe 12,700   9,804  
After-tax Income M  ....  Subscribe  ....  Subscribe  ....  Subscribe

Heavy Mobile Equipment

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Personnel

Mine Management

Source Source
Job TitleNameProfileRef. Date
....................... Subscription required ....................... Subscription required Subscription required Oct 5, 2023
....................... Subscription required ....................... Subscription required Subscription required Oct 5, 2023
....................... Subscription required ....................... Subscription required Subscription required Oct 5, 2023
....................... Subscription required ....................... Subscription required Subscription required Oct 5, 2023
....................... Subscription required ....................... Subscription required Subscription required Oct 5, 2023

Total WorkforceYear
Subscription required 2021

Aerial view:

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