Eight billion tonnes of iron ore from Rio

IRON ORE giant Rio Tinto is celebrating the shipment of eight billion tonnes of iron ore from the Pilbara to global markets, 60 years after the company’s first shipment went to Japan.

The Juno Horizon left Cape Lambert Port on 19 May with the milestone shipment, heading for Nippon Steel Corporation, one of Rio Tinto’s longstanding partners.

A media release from Rio said the achievement reflects six decades of continuous operations in the Pilbara, underpinned by strong partnerships with customers across the world, particularly in Asia.

“Rio Tinto’s first Pilbara iron ore shipment departed in August 1966 for Japan, marking the beginning of a remarkable partnership that continues today,” the release said.

“Eight billion tonnes of iron ore is enough to produce the steel needed for more than 161,000 Perth Optus Stadiums, 134,000 Tokyo Skytrees or more than 46,000 Beijing National Stadiums (Bird’s Nest).”

Rio Tinto Iron Ore chief executive Matthew Holcz said shipping eight billion tonnes of iron ore from the Pilbara was "a significant milestone and a testament to the generations of people who have built and sustained our operations, infrastructure and communities over the past 60 years".

“We thank successive governments for their sustained support. We are also grateful to the Traditional Owners groups across the Pilbara for their ongoing partnership, and for the knowledge, guidance and stewardship they continue to share with us.

“Japan was Rio Tinto’s first customer for iron ore exports, and that partnership remains a cornerstone of our business today," Mr Holcz said.

"As global steel demand increases, we’ll continue to invest in our Pilbara operations and local communities for decades to come.”

Rio Tinto’s Pilbara operations have supported the development of six towns across the region, including Karratha, Wickham, Tom Price, Paraburdoo, Pannawonica and Dampier, as well as a further five communities from the Kimberley to the Great Southern through its regional fly-in fly-out program.

The media release said the company was advancing studies at Rhodes Ridge (Rio Tinto 50%), which it says is one of the world’s best undeveloped iron ore deposits, that could support a world-class mining hub with potential capacity of about 100 million tonnes of high-quality iron ore a year.

“Rhodes Ridge will maintain Rio Tinto’s pathway to achieve and sustain mid-term capacity of 345 to 360Mtpa from its Pilbara iron ore business,” the release said.