Asset Summary
| Asset | Wonmunna |
| Interest | 1.25% to 1.50% Gross Revenue Royalty (>A$100/t iron ore) |
| Commodity | Iron Ore |
| Location | Australia |
| Stage | Producing |
| Counterparty | Mineral Resources Limited |
| Additional Notes | The royalty has a 1.25% GRR payable when benchmark 62% iron ore price is below A$100/tonne and 1.50% GRR payable when the iron ore price is above A$100/tonne. |
Asset Highlights
- Producing iron ore operation in Western Australia, currently operating at a rate of ~5Mtpa and fully permitted to expand to 10Mtpa.
- The Wonmunna mine involves the extraction of high-grade iron ore from the three Marra Mamba deposits across multiple shallow open pits (20m – 50m depth).
- First ore hauled in April 2021 via road trains to the Port Hedland Port
- Wonmunna underpins and forms a key component of the Utah Point Hub iron ore blend.
- Further information can be found at this website: https://www.mineralresources.com.au/our-business/commodities/iron-ore/