in-demand, Iron Ore in the Northern Territory.
The Nathan River Resources mine site is located 50km inland from the Gulf of Carpentaria and approximately 760km from Darwin, covering more than 1,861km.
In excess of A$250 million has been invested in developing the Resource and constructing the fully integrated ‘pit-to-port’ logistics solution.
Nathan River acquired the mineral titles associated with the Roper Bar iron ore mine from the Receivers and Managers of WDR in November 2017.
Nathan River has invested approximately A$22 million of new equity into infrastructure, PP&E, obtaining and updating access agreements and permits and updating mine plans and engaging with local communities.
Reserves & Resources
Reserve – 5.6Mt at 60% Fe, plus an expected further 3.7Mt of mining inventory following the completion of metallurgical test work
Resource - 446Mt at 40% F