Less than five months after breaking ground at the Wonmunna Iron Ore project, Mineral Resources Ltd (MRL) has delivered first ore.
The Wonmunna operation, located 80 km North-West of Newman and 360 km South of Port Hedland, was purchased from the Australian Aboriginal Mining Corporation (AAMC) in September 2020. In line with the undisclosed terms of the transaction, AAMC shareholders will receive a royalty in respect of the first 40 million dry metric tonnes extracted and removed from the area.
The project is set to ramp-up to its nameplate capacity of 5 million tpy in the June quarter 2021. There is potential to expand Wonmunna’s output to its designed capacity of 10 million tpy upon the successful grant of additional approvals, at little extra capital costs.
Ore from the project will be used to underpin MRL’s Utah Point Hub iron ore blend which includes tonnes from its Iron Valley site. The addition of the company’s Wonmunna project will help boost output from the Utah point export facility towards 14 million tpy by the end of the December 2021 quarter.
Read the article online at: https://www.globalminingreview.com/mining/24032021/mineral-resources-delivers-first-iron-ore-from-wonmunna/
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