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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 (37.40%).
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Mount Gibson (ASX : MGX) (37.40%)
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) (46.30%)
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. |
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