Pilbara Iron is a wholly owned subsidiary of the multinational Rio Tinto Group, that manages assets for Hamersley Iron Pty Ltd, a wholly owned subsidiary of Rio Tinto, and Robe River Iron Associates, an unincorporated joint venture between Rio (53% and operator since 2000) and three Japanese steel companies Mitsui Iron Ore Development P/L (33%), Nippon Steel Australia P/L (10.5%) and Sumitomo Metal Australia P/L (3.5%).[1]
In 2004, Rio Tinto announced that Robe and Hamersley would start merging operations under the new Pilbara Iron entity.[2] The concept had been tested by the formation of Pilbara Rail in 2001, which generated more than $16 million in savings. Pilbara Rail was folded into Pilbara Iron in 2005.[3] Each company continues to market products separately and retains ownership and profits from the underlying mines, as well as strategic development of their own mineral resources.[4]
July 1962: Hamersley Holdings Pty., Ltd. is organized to develop deposits in the Hamersley Range.[6]
September 1962: Thomas Moore Price dies shortly after receiving news of the discovery of promising deposits at what would later be called Mount Tom Price.[7]
August 1963, Hamersley Holdings Pty., Ltd., a subsidiary owned by Conzinc-Riotinto of Australia, Ltd. (60%) and the Kaiser Steel Corp. (40%), signed a 30-year agreement with the Western Australia Government for the development of iron ore leases held by the company and for the eventual establishment of an integrated iron and steel industry.[8][9] The $175 million over 30 years program was established in anticipation of supplying iron ore to the Japanese steel industry.[10]
February 1964: a proposal is announced for Hamersley Iron to export 65 million tons over 15 years starting in 1967 to the Japanese steel industry. Reserves estimated at 5 billion tons of 50% to 66% by Kaiser Steel. Ten involved Japanese steel works cited in the Iron Age article.[6]
1964: Japanese firms sign contract to buy 5 million tons from the Western Mining Corporation for $69,000,000 with deliveries to start in 1966.[11]
January 1965: Hamersley Iron signed a contract to sell over a 15 year period starting in 1966 65.5 million tons at a price of $600,000,000. A 176 mile railroad and a port at King Bay for ore carriers up to 100,000 tons was to be constructed. Mount Goldsworthy Mining Associated, Ltd. (joint venture of Cyprus Mines Corp of Los Angeles, Utah Construction & Mining Co. of San Francisco, Consolidated Gold Fields, Ltd. of London) signed a $164,000,000 contract for 16.5 million tons of Western Australia ore with Japanese buyers. Also a $60 million contract for pellets from Tasmania to Japan is signed at the time.[12] Reported as a 82 million tons, $757 million over 17 year contract by International Commerce.[11]
June 1965: Hamersley Iron agreed to sell 16 million tons of iron ore pellets to Japan at 1 million tons per year and planned to built a pelletizing plant at King Bay.[13]
August 1965: Hamersley agreed to sell to Kobe Steel $15,750,000 worth of low grade iron ore from Mount Tom Price bringing the total in sales contracts to $825 million.[14]
May 1967 – Hamersley Holdings Limited shares list on the ASX
May 1974 – Hamersley Europe Pty. Limited incorporated
In June 1979, Kaiser Steel sold its then 28.3% in Hamersley Holdings Ltd. to Conzinc Riotinto for $207.5 million, bringing the Rio Tinto share of the company to 54%.[15]
Film Red DogEdit
The film Red Dog, based on stories about an actual wandering dog of the Pilbara region, was made at Hamersley Iron locations.
^Robe River | About Robe accessed 1 October 2007[dead link]
^Rio Tinto and Robe River progress on Pilbara cooperation, 13 January 2004 August 31, 2007, at the Wayback Machine
^(PDF), Minera, Pilbara Iron, no. 5, pp. 20–21, April 2005, archived from the original (PDF) on 29 August 2007, retrieved 1 October 2007
^Pilbara Iron – About Us accessed 1 October 2007 May 15, 2009, at the Wayback Machine
^Trengrove, Alan (1976) Adventure in iron / Hamersley's First Decade Melbourne, Stockwell Press. ISBN0-909316-03-1 (Hamersley Chronology on end-pages)
^ ab"Japanese Offered Iron Ore Deal". The Iron Age. Vol. 193, no. 8. 20 February 1964. p. 98.
^"The Tom Price Story" (PDF). The Steel Post. Hamersley Iron. August 1996. p. 1. (PDF) from the original on 1 June 2023. Retrieved 1 June 2023.
^"Business Bulletins". Foreign Commerce Weekly. Vol. 69, no. 35. 2 September 1963. p. 1.
^"Conzinc, Kaiser Partnership to Mine Australian Iron Ore". E & MJ Metal and Mineral Markets. Vol. 34, no. 32. 12 August 1963. p. 10.
^Minerals Yearbook. U.S. Department of the Interior, Bureau of Mines. 1963. p. 627.
^ ab"U.S. Firms Share in Huge Sale of Australian Iron Ore to Japan". International Commerce. Vol. 71, no. 3. 18 January 1965. p. 66.
^"Three Sales Open Ore Reserves In Australia". The Iron Age. Vol. 195, no. 1. 7 January 1965. p. 15.
^"Market News Brief". E & MJ Metal and Mineral Markets. Vol. 36, no. 25. 21 June 1965. p. 5.
^"More Australian Iron Ore For Japan". E & MJ Metal and Mineral Markets. Vol. 36, no. 31. 2 August 1965. p. 3.
^"Kaiser Steel To Sell Holdings in Hamersley". The Iron Age. Vol. 222, no. 24. 25 June 1979. p. 93.
External linksEdit
Wikimedia Commons has media related to Pilbara Iron diesel locomotives.
Official website
October 21, 2023
pilbara, iron, wholly, owned, subsidiary, multinational, tinto, group, that, manages, assets, hamersley, iron, wholly, owned, subsidiary, tinto, robe, river, iron, associates, unincorporated, joint, venture, between, operator, since, 2000, three, japanese, ste. Pilbara Iron is a wholly owned subsidiary of the multinational Rio Tinto Group that manages assets for Hamersley Iron Pty Ltd a wholly owned subsidiary of Rio Tinto and Robe River Iron Associates an unincorporated joint venture between Rio 53 and operator since 2000 and three Japanese steel companies Mitsui Iron Ore Development P L 33 Nippon Steel Australia P L 10 5 and Sumitomo Metal Australia P L 3 5 1 Pilbara IronIndustryMiningFounded2004HeadquartersPerth Western Australia AustraliaProductsIron OreNumber of employees3850ParentRio TintoWebsitepilbarairon comPilbara Iron train Tom Price to Dampier RailwayHamersley Iron Alco C628 locomotive at 7 Mile Yard Dampier Western Australia All of these companies are involved in the mining of iron ore predominantly from the Pilbara region of Western Australia In 2004 Rio Tinto announced that Robe and Hamersley would start merging operations under the new Pilbara Iron entity 2 The concept had been tested by the formation of Pilbara Rail in 2001 which generated more than 16 million in savings Pilbara Rail was folded into Pilbara Iron in 2005 3 Each company continues to market products separately and retains ownership and profits from the underlying mines as well as strategic development of their own mineral resources 4 Contents 1 Current mine sites 2 Historical events 3 Film Red Dog 4 See also 5 References 6 External linksCurrent mine sites EditMine sites currently operating Brockman 4 mine 2010 Mesa A mine 2010 Hope Downs mine 2007 Hope Downs 4 mine 2014 Eastern Range mine 2004 Nammuldi mine 2003 West Angelas mine 2002 Yandicoogina mine 1998 Mesa J mine 1994 Marandoo mine 1994 Brockman mine 1992 Channar mine 1990 Paraburdoo mine 1972 Mount Tom Price mine 1966 All iron ore mined at the sites is transported on the Hamersley amp Robe River railway one of the world s largest privately owned railroads to either the port of Dampier Western Australia or Cape Lambert near Wickham Western Australia From there the ore is shipped across the world with China and Japan the largest markets as of 2007 5 Historical events EditJuly 1962 Hamersley Holdings Pty Ltd is organized to develop deposits in the Hamersley Range 6 September 1962 Thomas Moore Price dies shortly after receiving news of the discovery of promising deposits at what would later be called Mount Tom Price 7 August 1963 Hamersley Holdings Pty Ltd a subsidiary owned by Conzinc Riotinto of Australia Ltd 60 and the Kaiser Steel Corp 40 signed a 30 year agreement with the Western Australia Government for the development of iron ore leases held by the company and for the eventual establishment of an integrated iron and steel industry 8 9 The 175 million over 30 years program was established in anticipation of supplying iron ore to the Japanese steel industry 10 February 1964 a proposal is announced for Hamersley Iron to export 65 million tons over 15 years starting in 1967 to the Japanese steel industry Reserves estimated at 5 billion tons of 50 to 66 by Kaiser Steel Ten involved Japanese steel works cited in the Iron Age article 6 1964 Japanese firms sign contract to buy 5 million tons from the Western Mining Corporation for 69 000 000 with deliveries to start in 1966 11 January 1965 Hamersley Iron signed a contract to sell over a 15 year period starting in 1966 65 5 million tons at a price of 600 000 000 A 176 mile railroad and a port at King Bay for ore carriers up to 100 000 tons was to be constructed Mount Goldsworthy Mining Associated Ltd joint venture of Cyprus Mines Corp of Los Angeles Utah Construction amp Mining Co of San Francisco Consolidated Gold Fields Ltd of London signed a 164 000 000 contract for 16 5 million tons of Western Australia ore with Japanese buyers Also a 60 million contract for pellets from Tasmania to Japan is signed at the time 12 Reported as a 82 million tons 757 million over 17 year contract by International Commerce 11 June 1965 Hamersley Iron agreed to sell 16 million tons of iron ore pellets to Japan at 1 million tons per year and planned to built a pelletizing plant at King Bay 13 August 1965 Hamersley agreed to sell to Kobe Steel 15 750 000 worth of low grade iron ore from Mount Tom Price bringing the total in sales contracts to 825 million 14 May 1967 Hamersley Holdings Limited shares list on the ASX May 1974 Hamersley Europe Pty Limited incorporatedIn June 1979 Kaiser Steel sold its then 28 3 in Hamersley Holdings Ltd to Conzinc Riotinto for 207 5 million bringing the Rio Tinto share of the company to 54 15 Film Red Dog EditThe film Red Dog based on stories about an actual wandering dog of the Pilbara region was made at Hamersley Iron locations See also Edit nbsp Western Australia portalPilbara historical timeline Pilbara newspapersReferences Edit Robe River About Robe accessed 1 October 2007 dead link Rio Tinto and Robe River progress on Pilbara cooperation 13 January 2004 Archived August 31 2007 at the Wayback Machine Farewell to Pilbara Rail PDF Minera Pilbara Iron no 5 pp 20 21 April 2005 archived from the original PDF on 29 August 2007 retrieved 1 October 2007 Pilbara Iron About Us accessed 1 October 2007 Archived May 15 2009 at the Wayback Machine Trengrove Alan 1976 Adventure in iron Hamersley s First Decade Melbourne Stockwell Press ISBN 0 909316 03 1 Hamersley Chronology on end pages a b Japanese Offered Iron Ore Deal The Iron Age Vol 193 no 8 20 February 1964 p 98 The Tom Price Story PDF The Steel Post Hamersley Iron August 1996 p 1 Archived PDF from the original on 1 June 2023 Retrieved 1 June 2023 Business Bulletins Foreign Commerce Weekly Vol 69 no 35 2 September 1963 p 1 Conzinc Kaiser Partnership to Mine Australian Iron Ore E amp MJ Metal and Mineral Markets Vol 34 no 32 12 August 1963 p 10 Minerals Yearbook U S Department of the Interior Bureau of Mines 1963 p 627 a b U S Firms Share in Huge Sale of Australian Iron Ore to Japan International Commerce Vol 71 no 3 18 January 1965 p 66 Three Sales Open Ore Reserves In Australia The Iron Age Vol 195 no 1 7 January 1965 p 15 Market News Brief E amp MJ Metal and Mineral Markets Vol 36 no 25 21 June 1965 p 5 More Australian Iron Ore For Japan E amp MJ Metal and Mineral Markets Vol 36 no 31 2 August 1965 p 3 Kaiser Steel To Sell Holdings in Hamersley The Iron Age Vol 222 no 24 25 June 1979 p 93 External links Edit nbsp Wikimedia Commons has media related to Pilbara Iron diesel locomotives Rio Tinto Iron Ore Official website Retrieved from https en wikipedia org w index php title Pilbara Iron amp oldid 1158683656, wikipedia, wiki, book, books, library,
