China Baowu's Xipo iron ore project in Australia put into operation
2025-03-28 11:41:07 [Print]
On March 25, the belt conveyor system of the Xipo iron ore project, jointly developed by China Baowu and Rio Tinto, was put into operation as scheduled, which marks the full completion of the main construction phase and the achievement of large-scale production capacity, significantly strengthening Baowu's iron ore supply chain and ensuring a stable steel resource supply.
Located in the Pilbara region of Western Australia, Xipo project is the latest joint venture between Rio Tinto and China Baowu, following the Baoruiji Dongpo project. With a total investment of approximately AUD 2.4 billion, Xipo project has a designed annual production capacity of 25 million tonnes per annum of iron ore. The project is implemented by Baowu Resources on behalf of Baowu.
Large-scale construction of the Xipo project commenced in March 2023, with highway-based production beginning in June 2024. The belt conveyor system was completed and put into operation on March 25, marking the start of heavy-load trial production. Previously, ore transportation relied primarily on road haulage. The implementation of the belt system has significantly enhanced transportation capacity, ensuring a more stable and efficient supply of raw materials for downstream production.
Located in the Pilbara region of Western Australia, Xipo project is the latest joint venture between Rio Tinto and China Baowu, following the Baoruiji Dongpo project. With a total investment of approximately AUD 2.4 billion, Xipo project has a designed annual production capacity of 25 million tonnes per annum of iron ore. The project is implemented by Baowu Resources on behalf of Baowu.
Large-scale construction of the Xipo project commenced in March 2023, with highway-based production beginning in June 2024. The belt conveyor system was completed and put into operation on March 25, marking the start of heavy-load trial production. Previously, ore transportation relied primarily on road haulage. The implementation of the belt system has significantly enhanced transportation capacity, ensuring a more stable and efficient supply of raw materials for downstream production.
