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Airport Code Miscellaneous in Airport Code . 3 months ago
Roy Hill is an iron ore mining project in the Chichester Range in the Pilbara region of Western Australia, located 115 kilometres (71 mi) north of Newman and 277 kilometres (172 mi) south of Port Hedland. With indicated and inferred reserves of more than 2.4 billion tonnes (5.3 trillion pounds), it is set to become one of the largest mining projects in Australia. Mining operations will produce 55 million tonnes (120 billion pounds) of iron ore per annum with an operating life of more than 20 years.
Gina Rinehart's Hancock Prospecting is the majority stakeholder in the project with a 70% interest. The remaining 30% stake is held by a consortium comprising POSCO (12.5%), Marubeni (15%), and China Steel Corporation (2.5%). As part of the ownership agreement the various consortium partners have also secured their proportionate share of iron ore production from the Roy Hill Project, representing a combined 16.5 million tonnes (36 billion pounds) per annum of iron ore at full production.
Posted on 03 Sep 2024, this text provides information on Airport Code related to Miscellaneous in Airport Code. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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