Arrium Mining has been acquired by GFG Alliance. The mining operations will now be managed by SIMEC Mining, with the business branded SIMEC Mining Whyalla.SIMEC Mining owns and operates a 10m mega tonne per annum iron ore mine in the Middleback Ranges in South Australia, approximately 60 kilometers from the town of Whyalla.These operations incorporate the Iron Baron, Iron Knob and South Middleback Ranges mine sites. They mine both hematite and magnetite iron ore which is respectively railed and piped to Whyalla. The majority of the magnetite is pelletised (c.1.3mtpa) and used within the steel works. The hematite ore (c.10mtpa) and excess magnetite is loaded onto ships for transport to a primarily Asian customer base. Total reserves and resources are just under half a billion tonnes.The Alliance also owns a portfolio of non-ferrous mining assets located in South Australia. This includes the Ardrossan Dolomite Mine – which supplies dolomite flux to Liberty's Whyalla Steelworks – as well as a collection of copper-gold exploration projects.

Website: simec.com

Employees: 1000 - 4999

HQ: N/A

Location: Adelaide, N/A, au

Revenue: 10 - 20 Million

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SIMEC Mining is a leading metals and mining company based in Adelaide, Australia. With a rich history dating back to 2017, the company has undergone significant changes and expansions over the years. Currently, SIMEC Mining is a subsidiary of GFG Alliance, a global leader in the metals and mining industry. The company's main operation is the ownership and management of a 10 million mega tonne per annum iron ore mine located in the Middleback Ranges in South Australia. The mine, which is one of the largest in the region, incorporates the Iron Baron, Iron Knob, and South Middleback Ranges mine sites. SIMEC Mining extracts both hematite and magnetite iron ore from the mine, with the majority of the magnetite being pelletised and used within the company's steel works. The hematite ore and excess magnetite are then loaded onto ships for transport to a primarily Asian customer base. The company's total reserves and resources are just under half a billion tonnes, making it a significant player in the global mining industry. In addition to its iron ore operations, SIMEC Mining also owns a portfolio of non-ferrous mining assets located in South Australia. This includes the Ardrossan Dolomite Mine, which supplies dolomite flux to Liberty's Whyalla Steelworks, as well as a collection of copper-gold exploration projects. With a strong focus on sustainability and environmental responsibility, SIMEC Mining is committed to ensuring that its operations are conducted in a safe and ethical manner. The company's dedication to excellence and innovation has earned it a reputation as a trusted and reliable partner in the mining industry. Overall, SIMEC Mining is a dynamic and forward-thinking company that is well-positioned to meet the challenges of the modern mining industry. With its rich history, strong leadership, and commitment to sustainability, the company is set to continue its growth and success in the years to come.

GFG Alliance has bought Arrium Mining. SIMEC Mining will now run the mining operations. SIMEC Mining is a company that is owned by GFG Alliance. The mining operations will be called SIMEC Mining Whyalla. SIMEC Mining has a big iron ore mine in South Australia. It's about 60 kilometers from a town called Whyalla. They mine two types of iron ore, hematite, and magnetite. They turn the magnetite into pellets and use them in their steel factory. They ship the hematite and extra magnetite to customers in Asia. They have almost half a billion tonnes of iron ore in reserve. GFG Alliance also owns other mining assets in South Australia. They own a dolomite mine that supplies Liberty's Whyalla Steelworks. They also have copper and gold exploration projects.