A whole infrastructure build and operation for an iron- production facility could be on the cards in Western Australia, after BC Iron recently signed an agreement with the Fortescue Metals Group (FMG).
According to Creamer Media’s Mining Weekly, the deal with iron-ore producer FMG would put BC Iron on track to become the Pilbara’s region’s next iron-ore producer.
Upon the completion of a feasibility study, the companies would establish a joint venture (JV) to develop BC Iron’s Nullagine iron-ore project in Western Australia.
Prospering
An incremental demand for oxygen could be expected over the coming years if successful, as both iron and steel production continues to increase and the oxygen steelmaking process prospers as a result.
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