Valentines - Uruguay

Managing, Exploration, Setting-up and Operation of Integrated Iron Ore Mine


  • Initially to produce and ship 9 Million tonnes per annum and subsequently ramp up to 18 Million tonnes per annum.
  • Estimated Resource of 2.5 Billion tonnes with an Ore Reserve of 720 Million tonnes
  • High grade of Product mix up to 70% Fe.
  • Valentines project will comprise of Mining, Beneficiation (18 Mtpa of Magnetite concentrate), 212 km concentrated slurry pipeline and return water pipe line and a deep water Export Terminal.
  • Total potential Resource is estimated to be 3 to 5 Billion tonnes.