Gindalbie Metals Ltd is an independent Australian iron ore company based in Perth, Western Australia which is developing a portfolio of projects in the State’s Mid West region.
Gindalbie’s core asset is the world-class Karara Iron Ore Project which it is developing in Joint Venture with AnSteel, one of China’s leading steel and iron ore companies. Karara will deliver a diversified product mix including high grade magnetite concentrate, blast furnace quality pellets and Direct Shipping Ore (DSO) hematite. Gindalbie has an aggressive growth strategy to increase production from Karara and other deposits in the Mid West region to a targeted level of more than 30Mtpa by the middle of next decade.
The DSO operation at Karara commenced in late 2010, and is expected to ramp up to 2Mtpa in 2012. The 8Mtpa of high grade magnetite concentrate operation is scheduled to commence in early 2012 leading to the anticipated first shipment of magnetite concentrate in June 2012.
Gindalbie also controls an extensive pipeline of exploration and growth opportunities within a 1,900km2 tenement position in the Mid West region
“A leading independent Australian iron ore company…”