Iron ore prices climbed back to $ 80 /t as optimism emerged about demand from the main consumer, China. Steel prices are up 83% this year, according to the Steel Index, and have doubled from decade lows in December 2015.
Launched in 2014, the largest mining project, Roy Hill, by Hancock Prospecting, is in the final stages of increasing capacity to 55 million tonnes per year. For over 50 years, Hancock Prospecting has been involved in the exploration and development of mineral resources. The company focuses primarily on developing the prospects for iron ore mining in the Pilbara region of Western Australia.
Roy Hill is already the largest iron ore mine in Australia and is in the process of expanding its workforce by nearly 40%. “We are planning to ramp up production to 55 million tonnes per year and we will need to move on more,” said CEO Roy Hill Barry. “So we will probably have to recruit another 500-600 people to get to full speed ".
Largest iron ore mine needs additional manpower
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Azovpromstal® 8 December 2016 г. 10:56 |
