Roy Hill, an Australian iron ore mining project, is planning to employ up to 600 workers in the coming 18 months.

The company’s owner and executive chairman Gina Rinehart’s Hancock Prospecting holds a 70% interest in this project, which is estimated to hold nearly 2.4 billion tonnes of reserves.

Roy Hill chief executive Barry Fitzgerald has announced the plan of workforce expansion and also claimed that the company is looking to revamp its Pilbara mining operations.

“The state of play for us is that we commenced in the north of our deposit, where the ore is closer to the surface.”

The company currently employs around 1,300 people, which includes its Pilbara port, rail and mine operations.

Fitzgerald was quoted by The West Australian as saying: “The state of play for us is that we commenced in the north of our deposit, where the ore is closer to the surface. As we ramp up production to 55 million tonnes a year we will move further into the ore body and the strip ratio will increase and we will need to move more tonnes.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

“So we’ve probably got another 500-600 people to recruit as we move to full rate.”

Earlier, the project scheduled 30 December as the target to start its 55 million tonne per year run.

Though it may not reach its target, Fitzgerald expressed his satisfaction on the advancement of the process.

According to a report submitted to the corporate supervisor by the company in October, it stated that Roy Hill has started commercial production from early September.

Apart from Hancock Prospecting, Japan’s Marubeni (15%), Korea’s Posco (12.5%) and China Steel Corporation (2.5%) holds the remaining interest in the property, reported

Image: Mining at Roy Hill. Photo: Courtesy of Roy Hill