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| PRIMARY STRATEGIC INVESTMENTS |
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 APAC’s Primary Strategic Investments are related to the growing demands from China. Our investment approach is to establish early positions with future winners in global markets and also to invest in cash flow producing assets in the natural resource sector. This in time will provide us off-take opportunities to distribute to China through our Commodity Business. Primary Strategic Investments include Mount Gibson (37.3%).
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Mount Gibson (ASX : MGX) (37.3%)
An ASX listed Australian producer of high quality
direct shipping grade iron ore products, with assets in
the Kimberley and Mid West regions of Western Australia. |
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High grade
hematite resource of 69.4 Mt of iron ore at
average grade of 61.7% Fe as at 30 June 2020
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Contracted off-take agreement with APAC for life of mine at
Iron Hill |
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Tanami Gold (ASX: TAM) (46.3%)
An ASX listed company. The principal business
activity is gold exploration and currently its key project is
60% of the Central Tanami Project.
The exploration
potential of the entire Central Tanami Project tenement holdings
is considered by the Company to be exceptional. Over and above
the mineralised trends within the current Mineral Leases, the
Exploration Licence areas host in excess of 90 trike kilometres
of favourable host lithologies that have been subject to minimal
historic deep sub-surface exploration. These areas are
prospective for both high grade lode gold and bulk tonnage
deposits and will be intensively explored in line with the
Company's target ranking and prioritisation process.
Metals X (ASX:
MLX)
(22.8%)
An ASX
listed company. Metals X is
Australia’s largest tin producer and
holds a portfolio of investments
and assets from
exploration to development.
Metals X has a 50% equity interest in the
Renison Tin Operation in Tasmania (Renison) through its 50%
stake in the Bluestone Mines Tasmania Joint Venture (BMTJV).
Renison is the largest tin producer in Australia, one of the
world’s largest and highest-grade tin mines and through the
Metals X equity interest, one of the few publicly held tin
projects in the world.
Renison is located on
the west coast of Tasmania, approximately 15km north-east of
Zeehan. Mining at Renison has made important contributions
to the regional and state economy of Tasmania for over 50
years. Renison is a major employer on the West Coast of
Tasmania, with approximately 50% of employees living locally
and 50% in the Renison camp in Zeehan.
Prodigy Gold (ASX : PRX) (44.3%)
An ASX listed gold explorer with 3.3Moz JORC gold resources at the Northern Territories, Australia. The Company holds an extensive regional portfolio of exploration licences and licence applications covering over 33,000km2. It has two flagship projects located 1.8km apart:
- Old Pirate Project – quartz veins resource of 723,800
ounces of gold at 11.96g/t.
- Buccaneer Project – a porphyry gold deposit with 2.67 million ounces of gold resources with upside potential to grow to a very large scale bulk tonnage system
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