JOINT VENTURES – WESTERN AUSTRALIA

Rio, Japanese in Pilbara mine deal

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Original article by Mark Wembridge
The Australian Financial Review – Page: 16 : 8-Oct-25

Rio Tinto has secured state and federal government approvals to develop new iron ore deposits at the West Angelas hub in the Pilbara. Rio Tinto and its Robe River joint venture partners, Mitsui and Nippon Steel, will invest $US733m ($1.1bn) to expand the West Angelas mine, with Rio Tinto to contribute $US389m. The expansion of West Angelas will maintain its annual production capacity of 35 million tonnes. Rio Tinto launched its Western Range iron ore joint venture with China-based Baowu in June, as part of its ongoing commitment to the Pilbara.

CORPORATES
RIO TINTO LIMITED – ASX RIO, MITSUI AND COMPANY LIMITED, NIPPON STEEL AND SUMITOMO METAL CORPORATION, CHINA BAOWU STEEL GROUP CORPORATION LIMITED

New mine firms up Rio, Rinehart partnership

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Original article by Brad Thompson
The Australian – Page: 15 : 25-Jun-25

Rio Tinto and Hancock Prospecting will proceed with the the Hope Downs 2 iron ore project in the Pilbara, after it received the final regulatory approvals from the federal and Western Australian governments earlier in June. The project is part of the broader Hope Downs joint venture between Rio Tinto and the Gina Rinehart-controllled Hancock Prospecting. The two companies will split the cost of developing the new mine, which comprises the Hope Downs 2 and Bedded Hilltop deposits; annual production of about 31 million tonnes is scheduled to begin in 2027.

CORPORATES
RIO TINTO LIMITED – ASX RIO, HANCOCK PROSPECTING PTY LTD

Rio enlists Wrights to unlock phenomenal iron ore play

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Original article by Peter Ker, Brad Thompson
The Australian Financial Review – Page: 1 & 24 : 19-Oct-22

Rio Tinto hopes to commence production at the Rhodes Ridge iron ore deposit in the East Pilbara by 2030 after reaching agreement with Wright Prospecting to modernise their joint venture arrangement. The original agreement was signed in 1972, and Rhodes Ridge has been the subject of a long-running legal dispute between the descendants of Pilbara iron ore pioneers Peter Wright and Lang Hancock. Rio Tinto’s head of iron ore Simon Trott notes that most of the ore grade at Rhodes Ridge is above the benchmark level of 62 per cent iron content. Meanwhile, Rio Tinto has advised that it shipped 82.9 million tonnes of iron ore in the September quarter.

CORPORATES
RIO TINTO LIMITED – ASX RIO, WRIGHT PROSPECTING PTY LTD

Forrest hails Fortescue’s Indigenous joint venture

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Original article by James Thomson
The Australian Financial Review – Page: 32 : 17-Sep-21

Wintawari Guruma Aboriginal Corporation chairman Glen Camille has welcomed a new joint venture with Fortescue Metals Group. For its part, FMG chairman Andrew Forrest says the $500 million joint venture to co-manage the development of iron ore mines in Western Australia’s Pilbara region is the largest ever contract signed with an Indigenous business organisation, and that it will expand on FMG’s Billion Opportunities program, which has awarded over $3.5 billion in contracts to Aboriginal businesses and joint ventures since 2011.

CORPORATES
WINTAWARI GURUMA ABORIGINAL CORPORATION, FORTESCUE METALS GROUP LIMITED – ASX FMG

Gold shines on great western front

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Original article by Nick Evans
The Australian – Page: 17 & 18 : 5-Aug-19

The Gruyere gold mine in Western Australia is slated to produce about 300,000 ounces of gold a year over a 12-year mine life. The mine is a joint venture between Australian-listed Gold Road Resources and South Africa-based Gold Fields, with the latter having been brought in to develop and operate the greenfield project. Gold Fields’ other assets in Australia include Agnew, St Ives and Granny Smith mines, and its Australasian executive vice-president Stuart Mathews has downplayed suggestions that it could offload any of them.

CORPORATES
GOLD ROAD RESOURCES LIMITED – ASX GOR, GOLD FIELDS LIMITED, REGIS RESOURCES LIMITED – ASX RRL, EVOLUTION MINING LIMITED – ASX EVN, NORTHERN STAR RESOURCES LIMITED – ASX NST, SILVER LAKE RESOURCES LIMITED – ASX SLR, RAMELIUS RESOURCES LIMITED – ASX RMS, DACIAN GOLD LIMITED – ASX DCN, GASCOYNE RESOURCES LIMITED – ASX GCY

Fortescue closer to decision on Iron Bridge magnetite project

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Original article by Tess Ingram
The Australian Financial Review – Page: 15 : 14-Sep-17

Fortescue Metals Group CEO Nev Power says the pure-play iron ore miner and its joint venture partners in the Iron Bridge magnetite project are likely to decide whether to proceed with it before the end of 2017-18. Power has indicated that Fortescue, Baosteel and Taiwan-based Formosa are still considering their options for developing the project. The second stage of the Iron Bridge project was initially slated to commence in 2015, and produce magnetite concentrate with an iron content of 68 per cent.

CORPORATES
FORTESCUE METALS GROUP LIMITED – ASX FMG, SHANGHAI BAOSTEEL GROUP CORPORATION, FORMOSA GROUP, BHP BILLITON LIMITED – ASX BHP, RIO TINTO LIMITED – ASX RIO, UBS HOLDINGS PTY LTD

Green light for Origin gas venture

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Original article by Angela Macdonald-Smith
The Australian Financial Review – Page: 16 : 6-Jan-16

Origin Energy and AWE Limited will proceed with the first stage of the Waitsia gas project in Western Australia. The joint venture partners will invest $A17.5m in the first stage of the Perth Basin project, after Alinta Energy secured a deal to buy 10 terajoules of gas per day over 2.5 years. The project will initially have a daily production capacity of 10 terajoules, although this could eventually be lifted to around 100 terajoules a day.

CORPORATES
ORIGIN ENERGY LIMITED – ASX ORG, AWE LIMITED – ASX AWE, ALINTA ENERGY (AUSTRALIA) PTY LTD, CITIC PACIFIC, WOOD MACKENZIE, UBS HOLDINGS PTY LTD