Macarthur is an iron ore development and nickel exploration company.
Listed on the Australian Stock Exchange (ASX: MIO) and OTC Markets (OTCQB: MMSDF)
Macarthur is an iron ore development, nickel and lithium exploration company that is focused on bringing to production its 100% owned Western Australia iron ore projects. The Lake Giles Iron Project includes the 80 million tonne Ularring hematite resource (approved for development) and the 710 million tonne Moonshine magnetite resource.
The Company has secured a binding Life-of-Mine Off-Take Agreement with Glencore International A.G. and is focused on commercialising its iron ore projects utilisng mining, processing and logistics infrastructure in the region and is progressing towards completing a bankable feasibility study.
The Company also has established several iron ore project areas in the Pilbara region of Western Australia.