Strike Resources prepares for maiden iron ore shipment in Peru

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Strike Resources has chartered a bulk carrier vessel for its first shipment of up to 35,000 tonnes of high-grade direct shipping iron ore (DSO) sourced from its Apurimac project in Peru.

Strike, which is targeting multiple repeat shipments with the objective of securing annualised sales of ~250,000 tonnes from project, said the high-grade ore was being transported by trucks from a local stockpile area into a dedicated storage area within the Pisco Port Terminal, where the chartered vessel is scheduled to arrive on or around the 11 August.

According to the company’s statement, the ore is destined for China as part of Strike’s offtake agreement with Good Importing International Pty Limited.

Managing Director, William Johnson, said Strike was working to secure additional crushing and transport capacity to meet the company’s aforementioned annualised target.

“The scheduling of the first shipment of iron ore from the Port of Pisco is a key milestone in the development of Strike’s 100% owned high grade Apurimac Iron Ore Project, Mr Johnson said.

“Strike is now focussed on building its local infrastructure in Peru to support an increased annualised production rate in the near term.”

Image credit: http://strikeresources.com.au/wp-content/uploads/2012/08/perumap1.jpg