Corporate Information » Company Background
Mount Gibson is an emerging force in the Australian iron ore industry. Established in Perth in 1996 and listed on the Australian Stock Exchange (ASX) in 2002, the Company owns and operates:
The Company also owns the Extension Hill DSO (Direct Shipping Ore) Hematite Project in the Mt Gibson Range, 260 kilometres east south east of Geraldton, where the definitive feasibility study has been completed, environmental approvals received and construction and development are scheduled to commence in December 2007 with first ore shipments due in January 2009. Mount Gibson, as the first new iron ore producer in the Midwest region, has taken full advantage of its strong financial and operational position to lead the consolidation of the junior ranks of the Australian iron ore sector, by completing a successful takeover of Aztec Resources Limited (“Aztec”) in February 2007. Mount Gibson’s is Australia’s largest independent “pure-play” iron ore company, offering investors excellent exposure to booming iron ore prices.
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