CITIC Pacific Mining - Company Research Report

Company Overview

Name, Mission of the Company

• Name: CITIC Pacific Mining Management Pty Ltd (CPM)

• Mission: Not explicitly provided in the data

Founding Information

• When was the company founded and by whom: No information is available

• Headquarters: 45 St Georges Terrace, Perth WA 6000

Key People

• Key People:

• Chen Zeng: Chairman and CEO of CITIC Pacific and CITIC Pacific Mining

• Michael Weir: Media Contact Person

• Rob Newton: Head of Corporate Affairs

Employees and Revenue

• Number of Employees: Supports more than 3,000 direct employees and contractors at Sino Iron

• Revenue: No information is available

Recognition

• What is the company known for?

• Largest seaborne supplier of magnetite concentrate to China

• Construction and operation of Sino Iron, an integrated mining, processing, and port operation

• Sino Iron project is China’s largest investment in the Australian resources sector

Products

Products Offered

• Primary Product:

• Cape Preston Concentrate

• Description: A premium magnetite concentrate high in iron grade (65% Fe) and low in impurities such as alumina and phosphorus. Ideal for pellet making and lower carbon emissions in steelmaking.

Key Product Features:

• Cape Preston Concentrate:

• High iron grade (65% Fe)

• Low impurities such as alumina and phosphorus

• Beneficiation through rigorous processing (crushing, milling, magnetic separation)

• Suitable for making steel pellets, leading to lower carbon emissions compared to traditional feedstock

Recent Developments

Company Initiatives

• 28 August 2024 - Container Recycling Initiative:

• Partnership with Sodexo Australia to introduce Containers for Change collection points at Eramurra mine site and village

• Expected to collect 2.7 million containers annually

• Supports CPM’s community fund and local community initiatives

Educational and Historical Projects

• 25 June 2024 - Cape Preston Diprotodon Dig 2024:

• Partnership with the WA Museum and the local Mardudhunera People for the excavation of Diprotodon skeletons

• Provided open-air classroom experiences for local students

• Aimed at understanding the region’s ancient megafauna and engaging young minds with science

Community Support

• 26 March 2024 - Education and Training Projects:

• Community Support Fund (CCSF) provided small grant funding to initiatives like vertical wall gardens and trauma care workshops

• Supported projects that integrate nature with education and enhance community emergency response skills

Strategic Adjustments

• 15 February 2024 - Annual Production Adjustment:

• Decision to reduce annual production at the Sino Iron magnetite project due to space constraints

• Launched legal action to support the mine’s continuation

Contact Information

• Main Office Address:

• 45 St Georges Terrace, Perth WA 6000

• Contact Numbers:

• Phone: +61 (08) 9226 8888

• Fax: +61 (08) 9226 8899

• Media Contact:

• Name: Michael Weir

• Mobile: +61 402 347 032

• Email: mweir@citadelmagnus.com

• Employment Enquiries:

• Email: recruitment@citicpacificmining.com

This report provides a detailed look into CITIC Pacific Mining, presenting an overview of its operations, key products, and latest developments. The information presented is extracted from available company data and accurately reflects the company’s current status as of 2024.