Mineral Resources has announced the closure of its Yilgarn iron ore facility in Western Australia by the end of the year. This decision arises due to the limited remaining life of the five operating mines, to develop new resources to ensure continuity of supply, according to company reports.
Yilgarn Iron Ore Center closure by MinRes
The company will seek to reassign as many of its employees as possible to its other iron ore and lithium mines in Western Australia in Western Australia, as well as to its mining services business. In addition, he noted that MinRes has about 800 openings at its other operations, including the Onslow Iron project, known for its long life and low cost.
As MinRes winds down its operations at Yilgarn, it will explore future options for its assets, which include 28 trucks and 25 pieces of ancillary equipment. Among the alternatives to be considered are the possible rehabilitation or final disposal of these assets. The company also indicated that exploration drilling and environmental studies targeting hematite and magnetite will continue until 2025.
Also engaged in lithium mining, it has operated in the region since 2011. In 2018, the company stepped in, with the support of the Western Australian government, to absorb hundreds of Koolyanobbing workers who were at risk of losing their jobs, following the sale of international assets by Cliffs Natural Resources.
Follow us on social networks and don’t miss any of our publications!
YouTube LinkedIn Facebook Instagram X
Source and photo: Mineral Resources
Loading...
