Citic Pacific39;s huge $10 billion Sino Iron project is set to be the largest magnetite development in the world, producing around 28 million tonnes of concentrate and pellets a year. The project, expected to have a 30 year life, includes a mine, desalination plant, concentrator, power plant, and port.
Over the life of the project, its estimated more than $51 billion will be spent on local goods and services; and our specialised mineral processing facilities and associated infrastructure means a great diversity in the career opportunities on offer we support more than 3,000 direct employees and contractors at Sino Iron.
Sino Iron is a multibilliondollar magnetite iron ore project located in Cape Preston, a remote region in western Australia. Acquired by China International Trust and Investment Company Pacific for 100 percent of its equity, Sino Iron is China39;s most significant investment in the Australian natural resources sector and is the largest ...
The Sino iron project geologically lies near the George Palmer deposit, which is situated within the Hamerseley basin. The Hamersley Basin, located in the Pilbara Block in northwestern Western Australia, is about 500 km long and 250 km wide, with a west north westerly elongation.
CITIC Pacific Mining, Sino Iron Ore Project, Western Australia ... WA businesses do the heavy lifting in new state of the art gym at Sino Iron . 07 May 2020
CITIC Pacific Mining Management Pty Ltd commenced development of an iron ore mine, downstream processing and associated port facilities at Cape Preston, approximately 70km southwest of Karratha .
CITIC says Sino Irons tailings facility, where mining waste is stored, urgently needs to be expanded to ensure the $US10 billion magnetite project can continue. CITIC says Mr Palmers company Mineralogy is refusing to lodge the so called mine continuation proposal. Clive Palmer has been embroiled in a 10 year stand off over the tilings dam.
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