Iron Ore Project in Western Australia

Gradual Supply Capacity Expansion from Western Australia Iron Ore Operations

Through ITOCHU Minerals & Energy of Australia Pty Ltd (IMEA), we are running iron ore operations in Western Australia jointly with BHP Billiton (Listed company in both Australia and the United Kingdom), one of the world’s largest mining companies. In June 2013, we acquired an interest in the Jimblebar Iron Ore mine, part of the integrated Iron Ore business of BHP Billiton, thereby increasing our prime assets.
The operation and expansion of the newly acquired Jimblebar Iron Ore mine have been making steady progress. In fiscal 2014 (April-March period), we shipped a total of 251 million tons in the entire business.
We are planning to expand the business step by step to increase the production and loading capacity to 290 million tons per annum by leveraging our world-leading prime assets and cost competitiveness. In this manner, we will strive to respond to the expected increase in the medium- to long-term demand for iron ore, primarily in Asia.

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Ore processing facilities at the Jimblebar Iron Ore Mine (Photo courtesy of BHP Billiton)

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Mt. Whaleback Iron Ore Mine (Photo courtesy of BHP Billiton)