Red Hawk-MGM Bulk iron ore haulage partnership

Red Hawk Mining Limited (ASX: RHK) and MGM Bulk Pty Ltd have entered a partnership for the haulage of iron ore from the Blacksmith iron ore project in Pilbara, WA, to the Utah Point bulk handling facility in Port Hedland, WA.

Through the pre-feasibility study (PFS) and definitive feasibility study (DFS) phases, MGM Bulk will provide a fleet of 150t ultra-quad trucks and drivers plus associated loading and other equipment and infrastructure for the Red Hawk 100%-owned project.

Red Hawk managing director Steven Michael says the company is excited to work with the MGM Bulk team to establish a haulage strategy optimised for the Blacksmith project.

“MGM Bulk’s operations in the Pilbara, centred around delivering iron ore into the Utah Point, are second to none,” he said.

“Their fleet size, quality, operational performance and safety record are critical factors in ensuring the success of the Blacksmith project.

“Our [pre-feasibility study] team is working closely with MGM Bulk’s commercial and operations team to deliver operating and capital cost estimates with a high degree of certainty, which can easily be translated into an operational haulage contract.”

MGM Bulk chief executive Michael Giacci says “we are immensely proud to be forging a long-term partnership with Red Hawk Mining on the mine-to-port haulage solutions for their Blacksmith iron ore project”.

The haulage agreement enables Red Hawk and MGM Bulk to work collaboratively through its PFS and DFS phases to develop and optimise the transport and logistics strategy, focusing on maximising productivity and reducing unit operating costs.