July 26, 2017 9:26 AM ET

Metals and Mining

Company Overview of Macarthur Iron Ore Pty Ltd.

Company Overview

Macarthur Iron Ore Pty Ltd. owns and operates iron ore fields in Australia. Macarthur Iron Ore Pty Ltd. was formerly known as Internickel Australia Pty Ltd and changed its name to Macarthur Iron Ore Pty Ltd. in August 2011. The company was incorporated in 1998 and is based in Brisbane, Australia. Macarthur Iron Ore Pty Ltd. operates as a subsidiary of Macarthur Australia Limited.

Level 20

10 Eagle Street

Brisbane, QLD 4000

Australia

Founded in 1998

Phone:

61 7 3221 1796

Fax:

61 7 3221 6152

Key Executives for Macarthur Iron Ore Pty Ltd.

Macarthur Iron Ore Pty Ltd. does not have any Key Executives recorded.

Macarthur Iron Ore Pty Ltd. Key Developments

Macarthur Minerals Plans IPO On ASX

Macarthur Minerals Limited (OTCPK:MMSD.F)'s board has resolved to progress an Australian Securities Exchange initial public offering (IPO) of Macarthur Lithium Pty Ltd. and Macarthur Iron Ore Pty Ltd. David Taplin, president, chief executive officer and director of Macarthur Minerals, commented, "The board of Macarthur Minerals believes that an ASX IPO of its Australian subsidiaries, which hold its Australian hardrock lithium and iron ore projects, will provide improved price realization for those projects more consistent with its ASX-listed peers. Work has already commenced on the ASX IPO process for the Australian subsidiaries. Australian investment and wealth management firm, Shaw and Partners, has expressed interest in acting as lead manager for the ASX IPO. An IPO of the Australian subsidiaries will provide Macarthur Minerals with a well-funded listed entity to advance development of the Australian lithium and iron ore projects."

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