The Razorback Iron Project will consist of a conventional large-scale open cut mining operation. In the Base Case PFS work of early 2013, it was envisaged that Razorback Iron Project would use standard drill and blast, shovel and truck haulage methodology.

However, due to the relative softness of the rocks mined and the long shape of the open pit, optimisation work has determined that IPCC (In Pit Crushing and Conveying) may be the appropriate mining method, which has significant operational advantages and lower OPEX. For more information on Magnetite Mines intended application of IPPC click here.

There is minimal to no overburden, therefore production can begin almost immediately. The current mine optimisation (November 2013) has the stripping ratio extremely low for life of mine to be 1: 0.24.

Updated November 2013