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Corporate Information » Company Background

Mount Gibson is a strong 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 3Mtpa Tallering Peak iron ore mine in the Midwest region of Western Australia, approximately 175 kilometres east of the port city of Geraldton.
  • The 4Mtpa Koolan Island iron ore mine just off the Kimberley coast of Western Australia.

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 construction and development commenced in the June 2008 quarter with first ore shipments due in the June 2010 quarter.

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 is a large independent Australian “pure play” iron ore company, offering investors excellent exposure to booming iron ore prices.

 

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