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Jupiter launches strategic review of Western Australia iron ore assets

Jupiter Mines Ltd. launched a strategic review of its Central Yilgarn iron ore assets in Western Australia, which include the Mount Mason direct shipping ore hematite and Mount Ida magnetite projects.

The company said March 25 that these projects represent an attractive opportunity to start high-grade direct shipping ore hematite and magnetite concentrate production that could underpin quality long-term supply given their proximity to infrastructure, the size of their resources and ease of ore extraction.

Jupiter added that this process will not require further funding or the use of future dividends from the Tshipi manganese mine in South Africa.