MinRes pledges to accelerate expanded Brockman JV

MINERAL Resources has recommitted itself to its Marillana iron ore joint venture with Hong Kong-based Brockman Mining, which aim to develop a new 25 million tonne per annum iron ore hub in Western Australia’s Pilbara.

MinRes pledges to accelerate expanded Brockman JV MinRes pledges to accelerate expanded Brockman JV MinRes pledges to accelerate expanded Brockman JV MinRes pledges to accelerate expanded Brockman JV MinRes pledges to accelerate expanded Brockman JV

Marillana is shovel-ready.

MinRes has committed to fund initial works costing around A$105 million intended to speed up development of Marillana, having previously agreed to loan up to $500 million to the JV company to support