BHP approves funding for Pilbara iron ore business

Arc Infrastructure has launched Gold Valley Iron Ore train services, with the inaugural train transporting ore from West Kalgoorlie to Esperance.

BCI Minerals’ Mardie Project, the world’s third-largest solar salt project, has begun operations in Pilbara, boosting industrial salt production.

The project upgrades 77 km of track between Carnamah and Mingenew to 19 TAL, enabling 25% more grain per train and benefiting CBH grain growers.

Liquified natural gas is unlikely to displace coal in China’s energy transition, as the country prioritises domestic energy sources over imported LNG.

Between January and August 2024, Chinese seaborne dry bulk imports rose 6% y/y, driven by inventory build-up, despite domestic concerns.

The deal is linked to Gold Valley’s Wiluna West Iron Ore Project and will commence on 30 September, starting with three return train paths a week.