Operations

Cu-River has a strong project pipeline and an ambitious growth strategy that will see it headquartered in South Australia for decades to come.

Our current and future projects represent substantial economic and social benefits and opportunities for South Australia.

We aim to be an important partner to the South Australian Government by helping achieve its Magnetite Strategy goal of producing 50 million tonnes of magnetite annually by 2030.

Cu-River holds four exploration licences covering approximately 3,000 km2 in broadly the same vicinity as Cairn Hill.

Once these resources are brought into production our goal is to produce 15 million tonnes of magnetite concentrate annually (15Mtpa).

This will make Cu-River the largest iron ore producer in South Australia and create hundreds of employment opportunities.

Infrastructure construction work will commence as soon as approvals are in place and active mining will follow.