Legacy Hill Resources Ltd
Metals/Mining - N/A, N/A, UK
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Legacy Hill Resources Ltd Details
Legacy Hill Resources is a private mining company, founded by D. Saradhi Rajan. Legacy Hill focuses on industrial minerals and currently has an asset portfolio with a particular emphasis on the Americas. The company is en route to becoming an influential mid-cap diversified miner. Our team is multi-disciplinary, with expertise in engineering, project development, corporate finance and investment, and trading and supply chain. This is supported by decades of management and financing experience.The company's operating philosophy is one of cost discipline and getting projects to positive cash flow in the shortest possible time. Ambershaw Metallics' Bending Lake mine, is Legacy Hill's flagship project. Bending Lake is located in Ontario, Canada and has over 336 million tonnes of 30% Fe NI 43-101 compliant resource, excellent infrastructure and is in reach of the US industrial heartland. Advanced exploration is expected to take place in early 2019, with full-scale operations commencing in 2021. Mining Equity Trust ("MET") is Virginia-based metallurgical coal miner seeking to build a portfolio of producing metallurgical coal assets to serve the North American Market. MET operates the Omega metallurgical coal operation located in Southwest Virginia, in the United States. Begun in 2011, Omega Holdings, LLC produces a high-quality metallurgical-grade product in demand from multiple off-take partners and which is a primary ingredient in steel making of which there is currently no substitute. New assets we are in the process of acquiring are similarly strategically positioned, with high-quality geology, low political risk, and a good route to market.
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