Moly Mines

Moly Mines Limited is a mining company that owns The Spinifex Ridge iron ore open cut mine located 170 kilometres east of Port Hedland in Western Australia.

The mining lease on which the company is mining iron ore at, Spinifex Ridge, was originally obtained for the mining of molybdenum-copper. And although the copper mine, which is only 500 metres from the iron ore deposit, is ready for production, it is currently on care and maintenance awaiting more favourable financial conditions.

In the meantime the Spinifex Ridge hematite open pits are producing their planned one million tonnes of iron ore a year.