Central Eyre Iron Project

Iron Road Ltd (IRD) is the 100% owner of the Central Eyre Iron Project (CEIP), an advanced, long-life iron ore mining, beneficiation and infrastructure development opportunity on the Eyre Peninsula, South Australia. The CEIP comprises Australia’s largest magnetite Ore Reserve of 3.7Bt (~589Mt high-grade Fe concentrate) and proposes an open pit mine and processing plant near Wudinna, a 130km infrastructure corridor and a deep-water port at Cape Hardy on the east coast of the Eyre Peninsula.

Test work has demonstrated that the CEIP orebody is not only able to readily produce a premium sinter feed iron concentrate grading 66.6% Fe @ -106um (5.5% SiO2 +Al2O3) for conventional blast furnaces, but also a DR grade iron concentrate, grading 69.7% Fe @ -53um (2.3% SiO2 +Al2O3) – ideal as a feedstock for modern iron & steelmaking.

Investment opportunity

Equity capital at both the CEIP asset and IRD listed level

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Investor information

Documents

Project status update

Updated DFS in process

Project dependencies

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Technology utilised

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Financial information

Investment sought: Not applicable

Project highlights

  • Largest magnetite ore reserve in Australia (and one of the largest undeveloped magnetite mineral resources globally).
  • Sought after, very marketable high grade, low impurity premium product.

Key organisations

  • Iron Road Limited

Project timelines

Expected start date
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Expected end date
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Funding round finish date
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Location

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