Figures rounded to nearest five years. ASX Announcement 20 August 2018. Australia has the world’s largest estimated reserves of iron ore with 52 billion tonnes, or 30 per cent of the world’s estimated 170 billion tonnes. High-grade hematite ore is referred to as direct shipping ore (DSO) as, once mined, the ore goes through a simple crushing and screening process before being exported for steel-making. The Mount Bevan project is located approximately 95 km northwest of Menzies in the Yilgarn region. 31 Davis Tube Recovery testing is a laboratory technique that firstly pulverises the magnetite sample and then uses a Davis Tube wash to recover the magnetic particles. The iron and manganese ores occur as distinct sedimentary layers alternating with iron and manganese-poor sedimentary layers - the whole mass is sometimes mined. High-grade hematite ore is referred to as direct shipping ore (DSO) because after it is mined, the ores go through a relatively simple crushing and screening process before being exported for use in steelmaking. Switchboard: +61 2 6249 9111 45 Brockman Mining Ltd. ASX Announcement 28 May 2018. In addition, some reserves and resources may have been reported to foreign stock exchanges using other reporting codes, which are largely equivalent to the JORC Code. Mount Bevan: There has been no exploration activity at the Mount Bevan project since the 2016 industry review and hence no changes to the reported JORC magnetite resource estimate of approximately 1170 Mt at 34.9% Fe (comprising Indicated of 322 Mt at 34.7% Fe and Inferred of 847 Mt at 35% Fe)38. We use 20 times more iron … Some mineral resources are inaccessible for mining because of environmental restrictions, government policies or because they occur within military lands or national parks. Magnetite Mines's 2018 annual report described the ongoing optimisation of the Razorback project's completed prefeasibility study in 2013, with particular emphasis on infrastructure, mining and processing26. In addition, a prefeasibility study on the development of the North Pit underground mine is progressing and numerous deep resource drill holes have been completed, resulting in an increase in overall resource estimates in 2018. Inferred Resources in 2018 were estimated at 94 100 Mt of iron ore with 43 021 Mt of contained iron (Table 3 and Table 4). All Resources for Operating Mines includes Measured, Indicated and Inferred Mineral Resources, inclusive of Ore Reserves, as reported in compliance with the JORC Code, plus non-JORC Code equivalents. Iron ore minerals are mostly found as hematite and magnetite. This iron could be given different shapes to make weapons and tools. Magnetite is another iron oxide mineral. Historically, bushfires, floods, earthquakes and cyclones have caused loss of life and significant damage to property and infrastructure. Australia's accessible EDR (AEDR) of iron ore also totals 49 604 Mt (Table 3) as all of Australia's EDR iron ore deposits are regarded as accessible. Geoscience Australia provides Earth observation services, expert advice, and information for decision makers. E Economic Demonstrated Resources (EDR) predominantly comprise Ore Reserves and most Measured and Indicated Mineral Resources that have been reported in compliance with the Joint Ore Reserves Committee (JORC) Code to the Australian Securities Exchange (ASX). The Australian Energy Resources Assessment (AERA) 2018 Report. Kumina is approximately 100 km south of Karratha in Pilbara region. The Mount Webber mine is located approximately 230 km (via road) south-southeast of Port Hedland in the Pilbara region. The pictogram / graph below, shows the world distribution of iron ore mining. The length of production at individual mines is dependent upon the amount of remaining resources and the discovery of additional near-mine resources. Geoscience Australia's management structure. The Office of the Chief Economist projects that iron ore exports will continue to increase, reaching 996 Mt in 2024-25 15. In 2018, Australia's EDR of iron ore increased by 3% from 2017 to 49 604 Mt (Table 3). Paramarginal resources of iron ore in 2018 were estimated at 10 382 Mt with 3137 Mt of contained iron. It is important to stress that the reserve and resource lives discussed here apply to Australia as a whole. The chemical symbol for iron is 'Fe' because of its Latin name Ferrum. Further processing of magnetite involves agglomeration4 and thermal treatment of the concentrate to produce pellets. Source: Office of the Chief Economist, Department of Industry, Innovation and Science. Australia produced 36% (899 Mt) of world iron ore production, followed by Brazil with 20% (490 Mt) and China with 14% (340 Mt; Table 7). Inferred Mineral Resources are as at 31 December 2018. Our products include almanacs, software and web services providing precise astronomical data. Hindmarsh Drive Integrated iron ore mines, rail and port operations in the Pilbara region of Western Australia Explore our global locations Western Australia Iron Ore (WAIO) is an integrated system of four processing hubs and five mines connected by more than 1,000 kilometres of rail infrastructure and port facilities in the Pilbara region of northern Western Australia. Table 2. Public events hosted and contributed to by Geoscience Australia. 23 Iron Road Ltd. ASX Announcement 15 March 2016. At each processing hub – Newman, Yandi, Mining Area C and Jimblebar – the ore is crushed, beneficiated (where necessary) and blended to create high-grade hematite lump and fines products. 30 Company Name. These ratios are derived from (b) iron Ore Reserves, Economic Demonstrated Resources (EDR), all resources (EDR + Subeconomic Demonstrated Resources + Inferred) and annual production, 1975-2018.Mt = million tonnes. It has been the dominant iron ore mined in Australia since the early 1960s and approximately 96% of Australia's iron ore exports are high-grade hematite, most of which has been mined from deposits in the Hamersley province in Western Australia. It is generally black and highly magnetic, the latter property aiding in the beneficiation of magnetite ores. The new project is south of the company's established Mining Area C, expanding the operation at this hub. AEDR = Accessible Economic Demonstrated Resources. Australia has been endowed with giant iron ore mineral resources and we keep finding more. The most predominant surface mining methods used for mining of iron ores are open pit mining methods and open cut mining methods. Email: Magnetite is an iron oxide mineral that is generally black and highly magnetic. The Education Centre provides curriculum-linked, hands-on activities that keep students captivated, focused and looking for more. Nowa Nowa: Project activity at Easter Iron Ltd's Nowa Nowa Iron Project has remained on hold since Geoscience Australia's resource assessment in 2016. These can be used directly in blast furnaces or in direct reduction steel-making plants. The steelmaking commodity iron ore mined in Western Australia's Pilbara is the nation's biggest export. Geoscience Australia may also hold some confidential data. We pay our respect to them and their cultures and to the elders past and present. Owing to the high average grades (% Fe) of hematite ores when compared to average beneficiated grades of magnetite ores, it is necessary to report national inventory in terms of contained iron as well as bulk iron ore. Their concentration in economic proportions is referred to as 'iron ore'. Koodaideri: The development of the Koodaideri mine has been initiated and progressed, according to Rio Tinto47. The Extension iron ore mine in Western Australia will be the first iron ore mine in Australia to be owned and operated by Aboriginal Australian. Deposits with Ore Reserves have, at a minimum, a prefeasibility study indicating a reasonable expectation of being mined within a development timeframe. Iron ore is mined in many places around the world. Post 2003, EDR increased rapidly to 44 700 Mt in December 2012 (Figure 3.17), due to large increases in magnetite resources (including reclassification of some magnetite deposits to economic categories), and increases in hematite resources, mainly at known deposits. Western Australia is poised to sign an agreement with a wealthy New Zealand family whose multi-pronged business empire includes a large, undeveloped iron ore deposit. The commodity, mined in Western Australia, is by far the biggest chunk of Australia… Petroleum resources, coal resources, uranium and thorium resources, geothermal energy, renewable energy resources, basin geology, Acreage Release. Mineral commodity summaries 2019. Geoscience Australia's history, dating from 1946. Along the same geological formation, approximately 12 km south of Razorback, the company's Iron Hill project also reported upgraded JORC (2012) Mineral Resources, with no changes to the previous estimate of approximately 1200 Mt at an average grade of 23.2% Fe. 21 Carpentaria Resources Ltd. ASX Announcement 31 July 2017. 54 GWR Group Ltd. ASX Announcement 5 August 2019. Services and facilities offered by Geoscience Australia. Inquire Now; Iron ore rocks | RuneScape Wiki | FANDOM powered by runescape wikia /wiki/Iron_ore_rock South Australia had a slight increase in its iron ore production from approximately 10 Mt in 2011 to 10.7 Mt in However a few underground iron This section highlights recent company exploration and development-related activities. Kumina: Preceding the divestment of the Kumina Iron Ore Project to Mineral Resources Ltd, BCI Minerals Ltd, reported Kumina's maiden JORC Inferred Resource of 115 Mt at 58% Fe43. Services and facilities offered by Geoscience Australia. The company aims to produce between 273 Mt and 286 Mt of iron ore during the 2019–20 financial year52. Geoscience Australia provides web services for public use that allow access to our data without having to store datasets locally. Distribution of iron ore EDR by Australian jurisdiction as at December 2018. Interactive Maps is a discovery and exploration view of Geoscience Australia's geospatial services. Geoscience Australia provides Earth observation services, expert advice, and information for decision makers. Blacksmith and Anvil: Flinders Mines Ltd reported an increased resource estimate for the Blacksmith and Anvil deposits, which are part of its Pilbara Iron Ore Project in 201840. New mine developments include Rio Tinto Ltd's Koodaideri Project. The seaborne iron ore price has improved over recent years and, while still volatile, is enough to bring some positive momentum to the industry. Figures rounded to nearest five years. Resource Life 2 = Measured, Indicated and Inferred Resources ÷ Production. Search Geoscience Australia's extensive catalogue of data, publications, online tools, maps and videos. NB: Not all operating mines report Mineral Resources. 19 Office of the Chief Economist, Department of Industry, Innovation and Science, Australian Government. Australia's iron ore reserves and resources comprise both hematite and magnetite. Media Hotline: 1800 882 035, Iron (Fe) is a metallic element which constitutes about 5% of the Earth's crust and is the fourth most abundant element in the crust. A wide range of spatial information products is available from the Geoscience Australia, from our retailer network or free from our website. Brockman stated that the upgraded, but reduced, estimate was due to resource category reclassification and included Measured, Indicated and Inferred Resources45. Eliwana: The mine development approval for the Eliwana deposit was announced by FMG during the first half of 2018 at an estimated project capital cost of US$1.275 billion44. The total JORC resource estimates for Maldorky and Grants iron ore projects remained unchanged since 2014 at 452 Mt29. Most operating mines reported a decrease in Ore Reserves in 2018, largely due to mining depletion and changes to the mining area. Australia is followed by Russia, with 25 billion tonnes (13 per cent), Brazil with 23 billion tonnes (12 per cent) and China, with 21 billion tonnes (but of substantially lower grade) of estimated iron ore reserves. Geoscience Australia Geoscience Australia provides information and advice towards the management of Australia's groundwater and surface water resources. Also, despite disruptive rainfall during 2018, the Savage River operation successfully delivered 2.37 million tonnes (Mt) of magnetite pellets, a 25% increase from the previous year3. Karara Iron: Gindalbie Metals Ltd reported a 2.5% decrease in Karara magnetite concentrate production to 7.8 million dmt from the previous financial year of 8 million dmt36. Earthquake information: 1800 655 739 The Marillana project is approximately 100 km northwest of the town of Newman. Australia’s total production of iron ore for 2012 was 520 Mt with WA producing 505 Mt, or 97% of overall production. 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