Mineral Resources of Perth is a mining company, but it is also a mining-services company, offering services in fields such as crushing and pipeline design and construction.
The company is developing a new transport system for taking iron ore from its Iron Valley mine in the Pilbara region to Port Hedland for shipping.
The system is an elevated rail line. Mineral Resources says that it occupies a “niche between heavy rail and conveyor”, adding that it is “significantly less capital intensive than traditional heavy-haul rail” (see further information).
The system will be open to third-party users. It has the potential to rescue so-called “stranded assets” in the Pilbara, that is, potential iron-ore mines currently held back by the absence of a cost-effective ore-transport system.