Hendrik_2000
Lieutenant General
Australia are you there ?. Anybody know how big is this mine compare to the Australian one ? Seem like 60% of China capacity large mine deposit
FREETOWN, Jan. 30 (Xinhua) -- The first shipment of iron ore from Sierra Leone's New Tonkolili Iron Ore Project set sail for China from the country's Pepel Port on Friday.
The shipment was the first batch of products from Sierra Leone's New Tonkolili Iron Ore Project invested and operated by Kingho Investment Company Limited, a Chinese-owned private company.
Zhao Ting, Chief Executive Officer of the company, said the project, which started in September 2020, covers an area of 408 square kilometers with a resource capacity of 13.7 billion tons, adding that the project is equipped with a complete railway and port logistics transportation system.
The whole industrial chain of raw ore mining and processing, shipping and sales has been completed in the first phase of the project. The company will also start construction of a primary magnetite ore concentrator and an iron and steel industrial park for mining, dressing and smelting in the second and third phase of the project respectively, said Zhao.
"The project will not only inject impetus into the development of Sierra Leone's national mining and iron and steel industry, but also help the development of China's iron and steel industry and enhance the friendship between the two countries," Zhao said. Enditem
Compare to the world Iron ore capacity seem very large
By 24 Jul 2020
Holding the richest and largest estimated iron ore reserves in the world at 52 billion tonnes, with Russia (25 billion tonnes), Brazil (23 billion tonnes) and China (21 billion tonnes) way behind, it follows that Australia is home to some of the world's top mining companies
Iron Ore Rocks - Outback Australia (Credit: Adwo/Shutterstock)
With 30% of the world’s estimated 170 billion tonnes in its backyard, iron ore forms a central pillar of the
Most of the country’s iron ore is located in Western Australia, which stood second in terms of global iron ore production, with three of the top five iron ore hailing from this state. The top two hail from Melbourne.
Only China outstrips Australia it in terms of total volume, but its iron ore is predominantly used domestically and typically of a low grade. This has made Western Australia the world’s largest supplier of global seaborne iron ore, along with being the main exporter to China.
A forecast by the Government of Western Australia estimated the state’s iron ore supply in 2019 to be about 878 million tonnes.
FREETOWN, Jan. 30 (Xinhua) -- The first shipment of iron ore from Sierra Leone's New Tonkolili Iron Ore Project set sail for China from the country's Pepel Port on Friday.
The shipment was the first batch of products from Sierra Leone's New Tonkolili Iron Ore Project invested and operated by Kingho Investment Company Limited, a Chinese-owned private company.
Zhao Ting, Chief Executive Officer of the company, said the project, which started in September 2020, covers an area of 408 square kilometers with a resource capacity of 13.7 billion tons, adding that the project is equipped with a complete railway and port logistics transportation system.
The whole industrial chain of raw ore mining and processing, shipping and sales has been completed in the first phase of the project. The company will also start construction of a primary magnetite ore concentrator and an iron and steel industrial park for mining, dressing and smelting in the second and third phase of the project respectively, said Zhao.
"The project will not only inject impetus into the development of Sierra Leone's national mining and iron and steel industry, but also help the development of China's iron and steel industry and enhance the friendship between the two countries," Zhao said. Enditem
Compare to the world Iron ore capacity seem very large
Top five iron ore mining companies of Australia profiled
By 24 Jul 2020
Holding the richest and largest estimated iron ore reserves in the world at 52 billion tonnes, with Russia (25 billion tonnes), Brazil (23 billion tonnes) and China (21 billion tonnes) way behind, it follows that Australia is home to some of the world's top mining companies
Iron Ore Rocks - Outback Australia (Credit: Adwo/Shutterstock)
With 30% of the world’s estimated 170 billion tonnes in its backyard, iron ore forms a central pillar of the
Most of the country’s iron ore is located in Western Australia, which stood second in terms of global iron ore production, with three of the top five iron ore hailing from this state. The top two hail from Melbourne.
Only China outstrips Australia it in terms of total volume, but its iron ore is predominantly used domestically and typically of a low grade. This has made Western Australia the world’s largest supplier of global seaborne iron ore, along with being the main exporter to China.
A forecast by the Government of Western Australia estimated the state’s iron ore supply in 2019 to be about 878 million tonnes.
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