Hope Downs mine

Hope Downs
Location
Hope Downs 4 mine is located in Western Australia
Hope Downs 4 mine
Hope Downs 4 mine
Location in Western Australia
LocationShire of East Pilbara, Pilbara
StateWestern Australia
CountryAustralia
Coordinates23°08′42″S 119°34′19″E / 23.144968°S 119.572064°E / -23.144968; 119.572064
Production
ProductsIron ore
Production30 million tonnes/annum
History
Opened2007
Owner
CompanyRio Tinto Iron Ore (50%)
Hancock Prospecting (50%)
WebsiteRio Tinto Iron Ore website
Hancock Prospecting website
Map

The Hope Downs mine is an iron ore mining complex located in the Pilbara region of Western Australia. It comprises four large open-pit mines (Hope 1 North, Hope 1 South, Hope 4 and Baby Hope). The mines are co-owned by the Hancock Group and Rio Tinto, and the complex was named after Hope Hancock, Gina Rinehart's mother.[1]

After the establishment of successful operations at Hope 1 North and South from 2007 onwards, Hope Downs 4 was developed, commencing production in 2013. Hope 4 is about 30 kilometres (19 mi) north of Newman, and had a reserve of 162Mt as at 2016. Production at Baby Hope started in 2018.[1]

The Hamersley Range, where the mine is located, contains 80 percent of all identified iron ore reserves in Australia and is one of the world's major iron ore provinces.[2]

In 2009, the combined Pilbara operations produced 202 million tonnes of iron ore, a 15 percent increase from 2008.[3] The Pilbara operations accounted for almost 13 percent of the world's 2009 iron ore production of 1.59 billion tonnes.[4][5] In 2010, the project leases were estimated to have 1,450 million tonnes of mineable ore and the mines to have an expected life of more than 30 years.[6]

  1. ^ a b "Hope Downs". Hancock Prospecting Pty Ltd. 23 July 2020. Retrieved 25 July 2020.
  2. ^ Iron fact sheet - Australian Resources and Deposits Archived 2011-02-18 at the Wayback Machine Geoscience Australia website, accessed: 7 November 2010
  3. ^ Preparing for the future Archived 2011-07-15 at the Wayback Machine Rio Tinto presentation, published: 23 March 2010, accessed: 7 November 2010
  4. ^ Global iron-ore production falls 6,2% in 2009 - Unctad report miningweekly.com, published: 30 July 2010, accessed: 7 November 2010
  5. ^ Production of iron ore fell in 2009, but shipments continued to increase, report says[permanent dead link] UNCTAD website, published: 30 July 2010, accessed: 7 November 2010
  6. ^ "Hope Downs Iron Ore Project". Hancock Prospecting. Archived from the original on 21 November 2010. Retrieved 10 January 2010.