Mount Gibson Iron Ltd (ASX:MGX)

Company's Profile

Mount Gibson Iron Limited, an Australia-based company, specializes in producing and exporting iron ore products. Its operations are divided into two segments: Mid-West and Koolan Island. The Mid-West segment encompasses mining, crushing, transportation, and sale of iron ore from the Shine iron ore deposits, along with port facilities at Geraldton Port. Meanwhile, the Koolan Island segment involves mining, crushing, and direct sale of iron ore from the Koolan Island operation. The Shine Iron Ore Project (SIOP) is situated around 85 kilometers north of the Extension Hill operation and approximately 375 kilometers northeast of Perth in Western Australia's Mid-West region. The Koolan Island operation is located in the Buccaneer Archipelago, approximately 140 kilometers north of Derby, in Western Australia's Kimberley region. Subsidiaries of Mount Gibson Iron Limited include Mount Gibson Mining Limited, Geraldton Bulk Handling Pty Ltd, Gibson Minerals Ltd, and Aztec Resources Limited.