Asset Report

Karara Phase 1 iron ore mine

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20 June 2018

Karara Phase 1 iron ore mine

Report summary

Karara is a magnetite mine in the Midwest region of Western Australia. The project was developed by Karara Mining Limited; a 50:50 joint venture between Gindalbie Metals, a listed Australian mining company  and Chinese steelmaker Anshan Iron and Steel (AnSteel), which also has an offtake agreement for 100% of production over the life of the mine. Karara Phase 1 has a concentrate capacity of 8.8Mtpa. In early 2016, Ansteel stated that it was no longer able to provide funding support for Karara putting the continuation of mining in jeopardy.

Table of contents

  • Key facts
    • Summary
    • Key issues
  • Location maps
  • Participation
  • Geology
  • Reserves and resources
    • Production
    • Production
  • Operations
  • Infrastructure
    • Cash costs
  • Sales contracts
  • Economic assumptions

Tables and charts

This report includes 13 images and tables including:

  • Key facts: Table 1
  • Detail map
  • Participation
  • Marketable reserves (at 01/01/2018)
  • Operations
  • Infrastructure
  • Cash costs
  • Product quality
  • Economic assumptions
  • Production: Table 1
  • Production: Image 1
  • Costs: Image 1
  • Capital costs

What's included

This report contains:

  • Document

    Karara Phase 1.xls

    XLS 313.50 KB

  • Document

    Karara Phase 1 iron ore mine

    PDF 3.85 MB