Sino Iron Ore Project
27 January 2011
About the project
CITIC Pacific Mining’s Sino Iron project is a world class, large-scale magnetite iron ore project, the first of its kind in Western Australia. It is bringing innovative, new mining processes to this country and is the first iron ore project to include large scale downstream processing.
The project will draw on the expertise and skills in magnetite processing from China and other world leaders in this field, providing an excellent opportunity for Australia to benefit from exposure to international skills and processing technology.
The Sino Iron project is a highly technical, value-adding operation requiring significant processing and transport infrastructure. The project has access to over two billion tonnes of magnetite ore and, when operational, will be one of the world’s largest mines. It will produce 27.6 million tonnes per annum of a mix of pellets and concentrate.
The mine’s end product – magnetite, in concentrate and pellets – is an important commodity as it is one of the raw materials used to make steel. In the conversion process, significantly less carbon dioxide is produced than with other materials, making magnetite increasingly desirable in the era of environmental awareness.
Coates Hire involvement
Coates Hire is excited to be a significant contributor to this project. We have an on-site presence with the largest contractor on site, MCC, who hold a 20% stake in the project. This contract provides us with the ability to provide rental solutions and service from an on-site facility. This also gives us global recognition given that MCC are one of the largest construction companies in China.