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FI Joint Venture Pty Ltd (FIJV)

FI Joint Venture Pty Ltd (FIJV)

The Yogi Operation is a large-scale iron ore magnetite project in the Midwest region of western Australia designed to produce high-quality magnetite concentrate. The mine will extract approximately 310 Mt of iron ore with a strip ratio of 1.7–1.9:1, supporting an annual mining rate of about 54 Mt. Around 20 Mt of ore grading 29–31% Fe will be processed each year to produce 5 Mt of premium magnetite concentrate grading 66–67% Fe with low impurities.

The processing plant will use a 5 Mtpa magnetite separation plant and will be implemented in three phases of 1.7 Mtpa, applying FIJV’s proven magnetite recovery technologies. Product concentrate will be transported via slurry pipeline and then rail to the Port of Geraldton, with extensive water recycling achieving approximately 76% water recovery. The project has secured environmental and mining approvals as well as a water licence. The company is now actively seeking project finance and investment. 

FI Joint Venture Pty Ltd (FIJV)

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