CITIC Mining International is a major global magnetite producer and a leading supplier of imported iron ore concentrate to China. Committed to efficient, energy-saving and low-emission operations, it produces magnetite-based pellets that effectively enhance blast furnace efficiency while reducing energy consumption and carbon emissions. Its flagship asset, Sino Iron, is a large-scale overseas greenfield mining project.
Sino Iron mine site
In 2025, Sino Iron delivered resilient operating performance despite a challenging external environment marked by land access constraints, cyclones, labour shortages, softer iron ore prices and rising cost pressures. Annual magnetite concentrate production reached 14.69 million tonnes.
In June 2025, the 2023 Mine Continuation Proposals (2023 MCPs) received unconditional approval from the Western Australian State Government. These Proposals help mitigate the significant impact of land access constraints on the project’s sustainable development on an interim basis. They support the project’s efforts to restore production capacity and allow the use of additional areas for mining operations. Building on this foundation, Sino Iron is steadily advancing key enabling works, including pit expansion and tailings storage facility development to support a return to previous higher production levels.
Sino Iron continued to strengthen its focus on technological innovation and digital transformation. Sino Iron further embedded the MineStar Fleet management system, progressed deployment of the autonomous drilling program and continued optimisation of HPGR operations, collectively enhancing production efficiency and equipment utilisation. Alongside these initiatives, Sino Iron advanced on-site efficiency enhancement efforts, completing 32 continuous improvement projects during the year, with another 43 projects currently underway. These projects continue to unlock operational potential and support cost reduction and efficiency gains. In addition, Sino Iron further advanced its international patent portfolio under the Patent Cooperation Treaty (PCT), with patent filings and examination processes progressing in an orderly manner. During the year, 10 technical patents were granted by IP Australia, further strengthening Sino Iron’s independent innovation capabilities.
Leveraging its international operating strengths, Sino Iron is exploring a strategic transition from a single-project operation to a multi-asset portfolio, and from a single operating entity to a more integrated mining group structure, with a view to building a globally competitive modern mining group.