Hosts a number of hematite and magnetite deposits, including two potential DSO hematite deposits

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Buzzard: 14.1 Mt @ 62% Fe, 0.05% P, 8.1% SiO2 and 1.6% Al2O3

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Buzzard Lump to Fines ratio 35:65

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Tui: 4.3 Mt @ 60.2% Fe, 0.08% P, 11.5% SiO2 and 0.6% Al2O3

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Additional ~7 year mine life at 2.5mtpa

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Utilisation of existing infrastructure and equipment to reduce start up capital requirement