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BC Iron Achieves 5Mtpa Production at NJV
= NJV achieved a steady life of mine nameplate production rate of 6Mtpa during Apr-Jun 2013 =
Australian iron ore producer, BC Iron Limited announced on Jul 2 that FY13 (July 2012 - June 2013) was a record production year for the Nullagine Iron Ore Joint Venture (NJV) with a total of 5 million wet metric tonnes (wmt) shipped during the period, achieving the guidance provided to the market. The NJV, located in the Pilbara region of Western Australia, is a 75:25 unincorporated joint venture between BC Iron and Fortescue Metals Group.

In FY13, production totaled 5,003,005 wmt. To date, the NJV has shipped 8.8Mt over its life and expects to surpass 10Mt during Q1 (Jul-Sep) FY14. The NJV achieved a steady life of mine nameplate production rate of 6Mtpa during Q4 FY13 resulting in a total shipment of 1.598M wmt of ore for the quarter, an 11.7% increase on the corresponding FY12 quarter's shipment of 1.43M wmt.
last modified : Mon 08 Jul, 2013 [14:30]
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