Pilbara Iron
| Company type | Subsidiary |
|---|---|
| Industry | Mining |
| Founded | 2004 |
| Founder | Rio Tinto Robe River Iron Associates |
| Headquarters | |
| Products | Iron Ore |
| Parent | Rio Tinto |
| Subsidiaries | See below |
| Website | www.pilbarairon.com |
Pilbara Iron manages assets for Hamersley Iron Pty Ltd, a subsidiary of Rio Tinto, and Robe River Iron Associates, an unincorporated joint venture between Rio Tinto (53%) and Japanese steel companies Mitsui Iron Ore Development (33%) and Nippon Steel (14%). All of these companies are involved in the mining of iron ore, predominantly from the Pilbara region of Western Australia.
All of these companies are involved in the mining of iron ore, predominantly from the Pilbara region of Western Australia.
In 2004, it was announced that Hamersley and Robe River would merge their operations as Pilbara Iron. The concept had been tested by the formation of Pilbara Rail in 2001, which generated more than $16 million in savings. Pilbara Rail was folded into Pilbara Iron in 2005. Each company continues to market products separately and retains ownership and profits from the underlying mines, as well as strategic development of their own mineral resources. Each company continues to market products separately and retains ownership and profits from the underlying mines, as well as strategic development of their own mineral resources.