Iron Ore for China
First Sinosteel Midwest ship sails from Geraldton
22.07.2010 | Deskman: Wolfgang Geisler
On July 20, Sinosteel Midwest announced that its first shipment of iron ore from its Mid West project set sail for China.
Geraldton/West Perth, Australia – At the morning of July 20,2010, MV “Hai Lang” departed with 60 000 tonnes of ore mined from the Koolanooka Blue Hills project from the Geraldton Port to China steel mills. The ship’s departure followed the official celebration held in Geraldton last week, where Premier Colin Barnett was joined by Sinosteel Vice President Jiang Hong along with federal, state and local politicians, industry and community leaders, and Chinese delegates to commemorate this significant and historic milestone for the company. A positive Bank Feasibility Study for Weld Range was also unveiled at the event. Sinosteel Midwest Chief Operating Officer Giulio Casello said the ship had been delayed by several days due to heavy swells.
According to Mr. Casello, the Koolanooka and Blue Hills mines are expected to produce 1.5 million tonnes of ore per annum for 5 to 7 years. Progressing of this project through planning, approval and development to its first shipment is supposed to form a stable foundation for advancing Sinosteels’ major project at Weld Range, which should become the largest Direct Shipping Ore (DSO) project in the Mid West and is expected to produce 15 million tonnes per annum for at least 15 years. During peak construction the project may create up to 1000 jobs in this area.
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