The Koolan Island hematite mining operation is in Yampi Sound, off the northern Kimberley coast of Western Australia. Almost 70 million tonnes of high grade (Fe @ 67%) iron ore was mined by BHP from Koolan Island from 1959 to 1993.

Recent geological surveys and resource in-fill drilling programs confirm that Koolan Island has resources of 62.8 million tonnes @ 63.2% Fe, including reserves of 29.9 million tonnes at 64.8% Fe. This resource is located within four deposits; Main Pit, Acacia, Mullet and Barramundi.

Koolan iron ore is very high quality and low in impurities.

Hematite production at Koolan Island recommenced in early 2007 with the first shipment achieved in June 2007 and is expected to reach its targeted ore production rate of 4 Mtpa in late 2009.

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