Future Projects
As part of our growth strategy, we are exploring opportunities to unlock more iron ore deposits across the Pilbara.
Lamb Creek
Lamb Creek is a MinRes owned iron ore deposit and exploration project, located 50 kilometres west of Iron Valley.
Production from Lamb Creek is planned to be incorporated into the Pilbara Hub iron ore blend.
Primary approvals are expected in FY24, with production forecast to commence in early to mid FY25.
South West Creek project
The South West Creek project is a pit-to-port iron ore infrastructure solution that could see us shipping an additional 20 million tonnes of iron ore per annum from the Port of Port Hedland.
We have entered into a Port and Rail agreement with Hancock Prospecting (Hancock) and Roy Hill to jointly investigate and develop a new iron ore export facility at Port of Port Hedland.
Roy Hill would provide services to both MinRes and Hancock for the development and operation of the project, including rail haulage and port services.
The project remains subject to further approvals and agreements, and a positive final investment.