Our Company
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.
Our Investment
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.
Our Commitment
Karara is an important part of the Mid West region community and we are committed to continue working closely with local communities to help identify and support sustainable development opportunities in the Mid West region. Our environmental objective is to maintain the abundance, diversity, geographic distribution and productivity of flora and fauna at species and ecosystem levels. Karara will eliminate or minimise any actual or potential impact on flora and fauna at the Karara mine-site and our regional infrastructure through proactive application of our management system, and compliance with established policies and our licence conditions.