ASX Price $17.04 0.58

Iron Ore

We are an explorer and producer of iron ore across Western Australia.

We have a strong resource base across key regions, access to key infrastructure and a clear pathway to expanding iron ore production.

Our portfolio of iron ore assets comprises numerous known deposits and highly prospective targets across two of Western Australia’s premier iron ore provinces – the Yilgarn and the Pilbara.

Our sites within the Yilgarn region include the Koolyanobbing mine and our Carina mine, currently in care and maintenance.

From our Koolyanobbing site, we will rail 6-to-8 million tonnes per annum of iron ore via our own fleet of locomotives and rail wagons to the Esperance Port for export via capesize carriers.

Our Iron Valley site, located within the Pilbara, is currently our largest iron ore producing mine, outputting approximately 8 million tonnes of iron ore per annum. Product from this mine is transported to Utah Point for export to our global markets.

In 2018, we acquired the Kumina Iron Ore Project from BCI Minerals Limited. Kumina is located in the West Pilbara region of Western Australia, approximately 100km south of Karratha. The location of the Kumina Project will enable us to leverage our existing workforce and logistics supply chain in the Pilbara, with the ore to be exported out of Port Hedland.