A study has valued Australasian Resources Ltd's share of the Balmoral South iron ore project in the Pilbara at $3 billion, highlighting the economic viability of the operation that has a 28 year mine life.

A study has valued Australasian Resources Ltd's share of the Balmoral South iron ore project in the Pilbara at $3 billion, highlighting the economic viability of the operation that has a 28 year mine life.