Flinders Secures Pilbara Agreements With BBI Group



Flinders Mines has formed a farm-in incorporated joint venture with BBI Group for its flagship Pilbara iron ore project (PIOP).

The companies will establish the joint venture to develop the PIOP through feasibility studies for the operations development in return for an initial 10 per cent voting interest in PIOP Mine Co.

PIOP is south of Rio Tinto’s Caliwingina iron ore resource, and west of Fortescue Metals Group’s Solomon iron ore hub.

(Image by Tumisu from PixaBay)