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Our Company

 

Karara Mining Ltd was established in 2007 through a joint venture between Anshan Iron and Steel Group Corporation (52.16%) and Gindalbie Metals Limited (47.84%) for the development of the world-class Karara Operation

The project, located 200km east of Geraldton, is the first major magnetite operation in the Mid-West and will underpin a substantial, long-life iron ore business.  The operation includes a large open pit mine, a processing plant to produce magnetite concentrate, and all associated infrastructure.

The design production rate is 8Mtpa. Karara produces high grade magnetite concentrate.  The first shipment of magnetite concentrate was in January 2013.

Karara is committed to working with local communities to support sustainable development in the Mid-West region. Our environmental objective is to maintain the abundance, diversity, geographic distribution and productivity of flora and fauna at species and ecosystem levels.  Karara will minimise any impact or potential impact on flora and fauna at the Karara minesite and associated infrastructure through proactive management and compliance with established policies.   


Karara Key Milestones

Oct 2009 - Environmental Approval Received
Nov 2009 - Construction Commenced
Mar 2011 - First Shipment of DSO
Jan 2013 - First Shipment of Magnetite Concentrate
Apr 2013 - Karara Project officially opened by Hon Colin Barnett MLA, Premier of Western Australia
Oct 2013 - 100th vessel sailed
Nov 2013 - First shipment of 65% Fe premium concentrate 
Mar 2014 - First 10,000,000 tons product shipped
Apr 2015 - 20,000,000 tons product shipped
May 2015 - First Post-Panamax vessel loaded in Geraldton Port
July 2015 - Achieved over 8Mtpa of concentrate rates
July 2015 - Achieved crushing record of 77510wmt and daily con production record of 30365wmt
Sep 2015 - 400th vessel sailed
Nov 2015 - Achieved milling record of 65,364wmt

 

The Latest Karara Flyover