Asset Report

Karara Phase 1 iron ore mine

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Karara is a magnetite mine in the Midwest region of Western Australia. The project is a owned by Chinese steelmaker Anshan Iron and Steel (Ansteel). Ansteel has an offtake agreement for 100% of production over the life of the mine. Karara Phase 1 has a nameplate capacity of 8 Mtpa of 65% Fe concentrate and we expect it will produce this amount on an annual basis for the life of the mine. Ansteel has a transport contract with Aurizon until 2027 and the mine would be expected to operate until at least this time but we have modelled the mine until 2038 when known reserves deplete. A revised proposal was submitted to EPA in March 2022 seeking changes which would support a mine life of approximately 40 years.

Table of contents

  • Summary
  • Key issues
  • Emissions

Tables and charts

This report includes 13 images and tables including:

  • Karara Phase 1 Emission Intensity Quartile ranking – total global production - tonnes of ore
  • Detail map
  • Participation
  • Marketable reserves (at 01/01/2024)
  • Production
  • Production
  • Operations
  • Infrastructure
  • Cash costs
  • Cash Costs
  • Capital costs
  • Product quality
  • Economic assumptions

What's included

This report contains:

  • Document

    Karara Phase 1.xls

    XLS 185.50 KB

  • Document

    Karara Phase 1 iron ore mine

    PDF 1.60 MB