Pilbara

And no one expects the Pilbara to run out of iron ore for at least 30 years, maybe much longer.

"A 20-year-old off the street can come up to the Pilbara and earn A$92, 000 a year, " says Boxy.

In 2003 he assembled a new company, Fortescue Metals Group, out of a tiny investment in iron-ore tenements in Australia's Pilbara region.

Iron ore is vital to China's economic expansion, and much of the ore from Pilbara ends up in China.

If you are seeking an image for Asian growth, you could do worse than the giant holes being dug in the Pilbara region of Western Australia.

Chinese firms have managed to make small investments in iron-ore firms, especially in the Pilbara, the closest big ore-producing region.

As large as the Pilbara project is, it is just one of many China has funded in a boom that has both enriched and troubled Australia.

"The Pilbara iron ore expansion is a prime example of the quality of our growth options, " he added.

The reserve in Pilbara may produce 40 million metric tons a year starting 2014, it said.

BHP Billiton and Rio Tinto formally abandoned their proposal to combine iron-ore production in the Pilbara region of Western Australia.

Chinese steel makers have agreed to pay record prices for iron ore from the remote Pilbara region of Western Australia.

China is now Australia's biggest trading partner; it buys 40% of the Pilbara's iron ore.

The researchers believe they could even contain 'stromatolites', as at Pilbara, which are formed by ancient microbes.

Access for independent miners to the rail and ports infrastructure in Pilbara may help.

Their Pilbara iron ore mines (BHP and Rio) and coal mines (all) are fantastically profitable.

"In the Pilbara [region of Western Australia] we achieved record sales for both the quarter and the full year. "

The trade is driving huge development at Port Hedland, Pilbara's largest town with a population of about 22, 000.

These could include prize iron ore mines in the Pilbara region of Western Australia.

Both BHP and Rio Tinto have ambitious plans to boost ore production at Pilbara.

In Ravensthorpe, in the Pilbara, the shelving of a nickel mine cost a projected 6, 000 jobs.

Meanwhile, the Pilbara's miners are wrangling with their biggest customer.

Together the companies supply 75 per cent of China's iron ore imports from their adjacent operations in Australia's Pilbara region.

It is also fed-up with having to pay top dollar for iron ore imports, three-quarters of which is shipped from Pilbara.

The Pilbara, a desert region about 1, 300km (800 miles) north of Perth, is the main focus.

Last year iron ore earned the company $8. 8 billion, mostly from the Pilbara.

With prices surging and resources in the Pilbara region abundant, by late last year 95 had announced production plans.

Then he and his team used exactly the same technique to study rocks in an area in north-west Australia called the Pilbara.

As a consequence, property prices in central Pilbara rose by 230 percent last year, according to RP Data.