The development of the BBI infrastructure will facilitate the opening up of the central and western Pilbara region which has the ability to supply high grade iron ore to a diverse range of global customers for decades to come.
The central Pilbara region occurs within the Proterozoic Hamersley Group (~2.6 bn years old). Iron ore is hosted in the Brockman and Marra Mamba formations. Known economic mineralisation within the province exceed 12 billion tonnes with potential product grades of 56-62% Iron.
The central Pilbara region already hosts a number of world class Rio Tinto mines and the Fortescue Metals Group’s Solomon Hub system. FMG is currently producing ~80mmtpa of high grade DSO iron ore from the Solomon hub, which is located less than 70km west of BBI proposed infrastructure.
The development of the FMG Solomon system was the first significant commercial development of a new Channel iron deposit paleo channel in over 40 years. This is a deposit type only found in the central and western Pilbara and the success of the Solomon Hub highlights the enormous potential of the region.