BC Iron is an ASX-listed development and mining company with a portfolio of assets primarily located in the Pilbara region of Western Australia. The Company’s key assets include Iron Valley and Buckland.
Iron Valley is an iron ore mine located in the Central Pilbara. The mine is operated by Mineral Resources Limited (ASX: MIN) under an ore purchase agreement with BC Iron and is generating low risk royalty earnings for the Company.
Buckland is a strategic iron ore development project located in the West Pilbara region, comprising a proposed mine at Bungaroo South and a proposed infrastructure solution incorporating a haul road and transhipment port at Cape Preston East. It has a completed feasibility study and all primary tenure and approvals secured.
BC Iron also has interests in a number of other earlier stage projects in iron ore, sulphate of potash (Carnegie Joint Venture) and salt (Mardie Project) as well as potential iron ore royalties over the Nullagine, Koodaideri South, Extension and Breakaway tenements.
The Company is also targeting new opportunities with a strong value proposition and near-term earnings potential, including in commodities other than iron ore.