Severe cyclone set to hit Australia’s iron ore hub on Friday
Severe Tropical Cyclone Zelia is forecast by the Bureau of Meteorology to make landfall east of Port Hedland, the nation’s biggest iron ore export harbor.
A Mine Concept Study conducted by Steffen Robertson Kirsten (SRK) on the Bungaroo South project has confirmed both the technical and financial viability of a mine development.
The mine plan supports a 15 million tonnes per year operation with a mine life of 15 years, with production possible by 2015.