Western Australia Iron Ore (WAIO)

Integrated Pilbara iron ore hubs (Newman, Area C incl. South Flank, Yandi, Jimblebar) connected by a single rail-and-port logistics chain; BHP interest ~85% across JVs. FY2025 set a full-year production record of 257 Mt (290 Mt 100% basis) with record shipments, supported by Port Debottlenecking Project 1 and improved rail cycle times; South Flank exceeded 80 Mtpa nameplate in its first year post ramp-up. FY2026 guidance incorporates the Car Dumper 3 rebuild and Rail Technology Programme tie-ins. R&R reported on a Pilbara basis by material type (BKM, CID, DID, MM); wet tonnes.