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Second phase of expansion of Robe River iron ore JV completed

Steel News - Published on Mon, 07 Sep 2015

Image Source: nssmc
Nippon Steel & Sumitomo Metal Corporation announced completion of second phase of expansion of iron ore export capacity and West Angelas mine expansion in Robe River Joint Venture in Western Australia. As a result, the annual export capacity of Cape Lambert Port will increase to more than 200 million tons and the annual production capacity of West Angelas mine will increase to 35 million tons.

Robe J/V Outline
History
1972 - Robe River iron ore shipments commence
1977 - Equity participation by former Nippon Steel and former Sumitomo Metal
2000 - Rio Tinto acquires North Ltd., conducts equity participation
2002 - West Angelas iron ore shipments commence
2009 - Cape Lambert Port expansion (+23 million tons)
2010 - Robe River mine Mesa A deposit iron ore shipments commence Cumulative total of Robe J/V iron ore shipments reaches 1 billion tons
2013 - Completion of Cape Lambert Port expansion Phase 1 (+53 million tons)
2015 - Completion of Cape Lambert Port expansion Phase 2 (+70 million tons) Completion of West Angelas mine expansion (+6 million tons)

Shares in the Robe JV:
NSSMC: 14%, Rio Tinto: 53%, Mitsui & Co Ltd: 33%

Source :

Posted By : Robichandra Sanasam on Mon, 07 Sep 2015
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