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Pilbara Iron
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Pilbara Iron
Pilbara Iron manages assets for Hamersley Iron Pty Ltd, a subsidiary of Rio Tinto, and Robe River Iron Associates, an unincorporated joint venture between Rio Tinto (53%) and Japanese steel companies Mitsui Iron Ore Development (33%) and Nippon Steel (14%). All of these companies are involved in the mining of iron ore, predominantly from the Pilbara region of Western Australia.
All of these companies are involved in the mining of iron ore, predominantly from the Pilbara region of Western Australia.
In 2004, it was announced that Hamersley and Robe River would merge their operations as Pilbara Iron. The concept had been tested by the formation of Pilbara Rail in 2001, which generated more than $16 million in savings. Pilbara Rail was folded into Pilbara Iron in 2005. Each company continues to market products separately and retains ownership and profits from the underlying mines, as well as strategic development of their own mineral resources.
Mine sites currently operating:
All iron ore mined at the sites is transported on the Hamersley & Robe River railway, one of the world's largest privately owned railways to Dampier and Cape Lambert. From there the ore is shipped across the world, with China and Japan the largest markets as of 2007.
July 1962: Hamersley Holdings Pty Ltd is formed to develop deposits in the Hamersley Range.
September 1962: Thomas Moore Price dies shortly after receiving news of the discovery of promising deposits at what would later be called Mount Tom Price.
August 1963, Hamersley Holdings Pty Ltd, a subsidiary owned by Conzinc-Riotinto of Australia (60%) and Kaiser Steel (40%), signed a 30-year agreement with the Government of Western Australia for the development of iron ore leases held by the company and for the eventual establishment of an integrated iron and steel industry. The $175 million over 30 years program was established in anticipation of supplying iron ore to the Japanese steel industry.
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Pilbara Iron
Pilbara Iron manages assets for Hamersley Iron Pty Ltd, a subsidiary of Rio Tinto, and Robe River Iron Associates, an unincorporated joint venture between Rio Tinto (53%) and Japanese steel companies Mitsui Iron Ore Development (33%) and Nippon Steel (14%). All of these companies are involved in the mining of iron ore, predominantly from the Pilbara region of Western Australia.
All of these companies are involved in the mining of iron ore, predominantly from the Pilbara region of Western Australia.
In 2004, it was announced that Hamersley and Robe River would merge their operations as Pilbara Iron. The concept had been tested by the formation of Pilbara Rail in 2001, which generated more than $16 million in savings. Pilbara Rail was folded into Pilbara Iron in 2005. Each company continues to market products separately and retains ownership and profits from the underlying mines, as well as strategic development of their own mineral resources.
Mine sites currently operating:
All iron ore mined at the sites is transported on the Hamersley & Robe River railway, one of the world's largest privately owned railways to Dampier and Cape Lambert. From there the ore is shipped across the world, with China and Japan the largest markets as of 2007.
July 1962: Hamersley Holdings Pty Ltd is formed to develop deposits in the Hamersley Range.
September 1962: Thomas Moore Price dies shortly after receiving news of the discovery of promising deposits at what would later be called Mount Tom Price.
August 1963, Hamersley Holdings Pty Ltd, a subsidiary owned by Conzinc-Riotinto of Australia (60%) and Kaiser Steel (40%), signed a 30-year agreement with the Government of Western Australia for the development of iron ore leases held by the company and for the eventual establishment of an integrated iron and steel industry. The $175 million over 30 years program was established in anticipation of supplying iron ore to the Japanese steel industry.
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