Sinosteel Midwest Corporation will begin mine preparation after gaining environmental approvals from the Western Australian Government.
The approval for Sinosteel’s Koolanooka and Blue Hills DSO (direct shipping ore) projects are an important occasion for us and the local community, Sinosteel chief operating officer Giulio Casello said.
“We will start site preparation for full-scale mining within a month and soon thereafter we plan to be mining, crushing and stockpiling ore for transport to Geraldton,” Casello added.
At full capacity, the Koolanooka and Blue Hills mines will produce approximately 1.5 million tonnes of hematite ore annually.
Sinosteel stated that its will use the cash flow predicted from the projects to develop its larger Mt Weld hematite deposits and further explore its other Mid West tenements of Jacks Hills and the Robinson Range.
The Koolanooka and Blue Hills projects are located approximately 160 kilometres east of Geraldton.