Corporate

Base Iron is a next-generation iron ore company focused on the Mid West, Australia's fast-emerging, alternative iron ore region. With a portfolio of highly prospective early stage projects, Base Iron is well positioned to capitalize on the timeframes for the development of the Mid West and the resurgence of the iron ore sector in the medium to long term.  

The development outlook for the Mid West continues to be positive. Increasing direct foreign industry investment reflects both the region's strategic value to steel producers and the longer term expectations for iron ore demand.

With its recent IPO providing the requisite cash funding for a multi year exploration program and its long term projects, Base Iron is largely insulated from the current equity and iron ore markets. That the IPO was successfully concluded against a challenging economic background is recognition of the quality of Base Iron's team and the the potential of its current project portfolio.

Base Iron is focussed on efficiently applying a systematic exploration methodology across its tenement holdings that seeks to identify and efficiently focus our resources on those priority targets that have the greatest potential to generate transformational value early. This approach includes the comparative assessmemt of project potential against external opportunities that are emerging in the current market. Capitalising on the relatively open tenure of the Mid West, Base Iron is also actively expanding its ground positions in response to the success of its airborne geophysical program.

The Board of Base Iron brings together a diverse skill set and considerable experience in all aspects of exploration and development, operations, finance, corporate development and capital markets. It is a highly enthusiastic Board who, with the funds raised through the recent IPO, is well resourced and equipped to deliver on its plans.

With a highly competent Board and Management team and a progressive outlook on the prospects for iron ore, Base Iron is ideally positioned to capitalise on the opportunities that will emerge in the iron ore market in the medium to long term.