Karara Mining Limited was established in 2007 through a joint venture between China’s Ansteel Group – the Anshan Iron and Steel Group Corporation (52.16%) and Gindalbie Metals Limited (47.84%) to develop and operate the Karara mine. Ansteel also holds a 35.89% interest in GBG.
Located 200km south-east of Geraldton, Western Australia, Karara is the largest mining operation and the first major magnetite mine in the Mid-West.
Karara produces a premium, high-grade concentrate product for export to steelmakers (66-68% Fe) magnetite concentrate at a design production rate of 8 million tonnes per annum (Mtpa).
The Karara Lifestyle
With an expected mine life of 30+ years, it will underpin a long-term iron ore business and provide sustainable benefits to the regional community in which we operate. The operation includes a large open pit mine, complex ore processing and beneficiation plant and significant infrastructure and logistics networks.
It is only a short commute (45 minutes) from Perth to our purpose-built airstrip at Karara. This provides the opportunity for you to spend more time at home and less time travelling. The mid-west offers a more temperate climate than other iron ore mining regions in the Pilbara region. The Karara village offers high quality amenities with ensuited rooms; 1Gbps Internet Bandwidth on site to enjoy video family face time and internet surfacing; an eco-walking/jogging trail in a natural bush setting, as well as swimming pool, mini golf, tennis, cricket, gym and volleyball facilities. Recently renovated dining and recreational room facilities and wet mess/tavern.
Since project inception, Karara has made a total capital commitment of some AUD$4 billion. This includes >AUD$1 billion in new common-use infrastructure in the Mid West, comprising an 85 km rail line, a dedicated 16 Mtpa export facility in Geraldton Port, a 330 kV power transmission line and a 140 km water pipeline. This significant capital investment is delivering long-term benefits to the Mid West region and Western Australia, including direct and indirect job opportunities, community partnerships, export revenue, taxes and royalties.