Asset Report

Karara Phase 2 iron ore mine

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13 June 2021

Karara Phase 2 iron ore mine

Report summary

Karara Phase 2 involves expanding concentrate production at Karara Mining to 16 Mtpa (Phase 1 capacity is 8Mtpa) in the Midwest region of Western Australia. The mine is located 200 kilometres east of Geraldton and is a joint venture between China's Ansteel and ASX listed Gindalbie. Due to the financial uncertainty surrounding Karara Mining there is very little likelihood that Karara Phase 2 will be developed and we classify it as inactive. This analysis was last updated in June 2017 and will not be re-updated unless development of the project is re-started.

Table of contents

  • Cash costs

Tables and charts

This report includes 4 images and tables including:

  • Capital costs
  • Product quality
  • Economic assumptions

What's included

This report contains:

  • Document

    Karara Phase 2.xls

    XLS 203.50 KB

  • Document

    Karara Phase 2 iron ore mine

    PDF 1.05 MB

  • Document

    Karara Phase 2 iron ore mine

    ZIP 1.11 MB