Tectonothermal and mineralization history of banded iron formations of the north Pilbara Craton

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Iron ore is Australia's largest single export commodity, accounting for 8% ($12.8 billion) of total merchandise exports in 2006. Most of that value comes from the Pilbara region of Australia. Discovery rates of new deposits have declined over the past two decades, while many mines are nearing the end of production. Exploration expenditure has also declined. There is therefore an urgent need to reinvigorate exploration to maintain an industry that underpins much of Australia's regional wealth. Outcomes of the project will provide exploration with improved geological tools with which to develop superior exploration models and thereby better direct exploration strategies.