‘One of the world’s best undeveloped iron ore deposits' moves closer to production

Rhodes ahead: Rio bets on Pilbara future - Mining Magazine Australia

Image: Shutterstock.The Rhodes Ridge joint venture, comprising Rio Tinto (50 per cent), Mitsui (40 per cent) and AMB Holdings (10 per cent), has approved a $294 million feasibility study to advance the first phase of its significant Pilbara iron ore project.  The study will assess the development of a staged operation with an initial annual production capacity of 40–50 million tonnes of iron ore. The Rhodes Ridge project, located 40km north-west…

‘One of the world’s best undeveloped iron ore deposits' moves closer to production

Landscape of the Pilbara region in Western Australia. Image: Rio TintoFeasibility studies are underway at the Rhodes Ridge joint venture – set to assess the development of an operation expected to produce around 40 million tonnes of iron a year. Described as “one of the world’s best undeveloped iron ore deposits”, located in Western Australia’s Pilbara region, the project is a joint venture between Rio Tinto, Mitsui & Co. and AMB Holdings, with …