Mining Intelligence and News
Australia

Sino Iron Mine

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Overview

Mine TypeOpen Pit
StatusActive
Commodities
  • Iron Ore
Mining Method
  • Truck & Shovel / Loader
Production Start... Lock
Mine Life... Lock
SnapshotSino Iron is Australia’s leading magnetite concentrate operation and a major supplier of premium feedstock to Chinese and other Asian steel mills. Sino Iron remains the world’s largest seaborne supplier of magnetite concentrate to China.

The continuation of mining operations requires expansion beyond the currently approved area to extend the mine pit and accommodate necessary waste rock and tailings. However, these extensions depend on cooperation with an independent tenement holder who owns the surrounding land.

Without approval for pit and storage expansions, operational constraints will eventually force the suspension of operations. In the short-term, these constraints are reflected in reduced concentrate production for calendar year 2024.

Owners

SourceSource
CompanyInterestOwnership
CITIC Pacific Mining Management Pty Ltd. (operator) 100 % Direct
CITIC Resources Holdings Ltd. 100 % Indirect
CITIC Mining International, a subsidiary of CITIC Resources Holdings Ltd., has developed and operates the Sino Iron project through its Australian subsidiary, CITIC Pacific Mining.

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

CommodityUnits20232022202120202019201820172016
Iron Ore kt  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe18,20017,47215,47010,010
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

Units202320222021202020182017
Revenue M HKD  ....  Subscribe 12,700   9,804  
After-tax Income M  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe

Heavy Mobile Equipment

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Personnel

Mine Management

Job TitleNameProfileRef. Date
....................... Subscription required ....................... Subscription required Subscription required Oct 20, 2024
....................... Subscription required ....................... Subscription required Subscription required Oct 20, 2024
....................... Subscription required ....................... Subscription required Subscription required Oct 20, 2024

Total WorkforceYear
...... Subscription required 2021

Aerial view:

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