Commodity Origins

Hope Downs (Rio Tinto and Hancock Prospecting): an iron ore operation in Australia

Hope Downs (Rio Tinto and Hancock Prospecting) is an open-pit mine producing iron ore in Pilbara region, Western Australia, operated by Rio Tinto. The sources report 36,751 thousand tonnes ('000 t), marketable quantities of ore plus concentrates and pellets (saleable production) for CY2025; the basis is 100% of the operation, as reported by the operator (Total column). Measured as usable ore, whole-operation output for CY2025 is 36,751,000 tonnes: about 1.4% of world iron ore output in 2025 and about 3.8% of Australia's; it is one of 21 operations on this site whose output can be stated in usable ore.

Who owns and operates it?

Owners of Hope Downs (Rio Tinto and Hancock Prospecting)
OwnerInterestAs of
Rio Tinto (operator)
Joint venture between Rio Tinto and Hancock Prospecting; the production table prints the Rio Tinto interest as 50.0%.
50%31 December 2025
Hancock Prospecting Pty Ltd
Hancock Prospecting Pty Ltd, the other 50% holder as printed by Rio Tinto.
50%31 December 2025

Interests are as stated in the sources below on the date shown. Ownership changes with deals, so a stake may have changed since the date shown.

How much does it produce?

Reported output of Hope Downs (Rio Tinto and Hancock Prospecting)
PeriodOutputBasisWhere in the source
CY202536,751 thousand tonnes ('000 t), marketable quantities of ore plus concentrates and pellets (saleable production)100% of the operation, as reported by the operator (Total column)PDF p.279 (printed p.277), 'Metals and minerals production' table, IRON ORE ('000 tonnes), row 'Hope Downs (Australia)', 2025 Total column · Rio Tinto
CY202441,956 thousand tonnes ('000 t), marketable quantities of ore plus concentrates and pellets (saleable production)100% of the operation, as reported by the operator (Total column)PDF p.279 (printed p.277), 'Metals and minerals production' table, IRON ORE ('000 tonnes), row 'Hope Downs (Australia)', 2024 Total column · Rio Tinto
CY202518,375 thousand tonnes ('000 t), marketable quantities of ore plus concentrates and pellets (saleable production)Rio Tinto share (50% interest at 31 December 2025)PDF p.279 (printed p.277), 'Metals and minerals production' table, IRON ORE ('000 tonnes), row 'Hope Downs (Australia)', 2025 Rio Tinto share column · Rio Tinto

Between CY2024 and CY2025 the reported figure fell by 12.4%, in the same unit and on the same basis.

How the usable-ore figure is worked out. Rio Tinto prints 36,751 thousand tonnes in the Total column for Hope Downs, with its 50% share at 18,375 thousand tonnes. The Total column is the whole-operation figure; the share is not added to it. World mine production of usable ore in 2025 was 2,600,000,000 tonnes (USGS Mineral Commodity Summaries 2026); Australia produced 980,000,000 tonnes.

Status: operating, as of 31 December 2025.

How does it compare?

Other iron ore operations on this site: Hamersley mines (Rio Tinto Pilbara), Robe River - Robe Valley, Robe River - West Angelas, Iron Ore Company of Canada (IOC), Simandou Blocks 3 and 4 (SimFer), Western Australia Iron Ore (WAIO), Fortescue Pilbara hematite operations, Iron Bridge (magnetite), Onslow Iron, Serra Sul (S11D), Carajas, Serra Norte, Carajas, Itabira complex. In Australia: Hamersley mines (Rio Tinto Pilbara), Robe River - Robe Valley, Robe River - West Angelas, Western Australia Iron Ore (WAIO), Fortescue Pilbara hematite operations, Iron Bridge (magnetite), Onslow Iron. See where iron ore comes from for the country totals, the country page for Australia, and Rio Tinto for its other operations here.

Sources

Method and limits