Development of the West Pilbara Iron Ore Project (WPIOP) was suspended in December 2015 because of low iron ore prices. We now classify the project as inactive. The following analysis represents our view of the project as of October 2015 and we will re-update the analysis only if development is re-started. The West Pilbara Iron Ore Project (WPIOP) is located just south of Rio Tinto's Pannawonica Mine in Western Australia. It was intended to be developed as a 40Mtpa integrated mine, port and rail project.