Legacy Iron Ore is a vibrant Perth-based Australian exploration company, focussed on the development of iron ore, gold, and base metal deposits.
Our Mission
At Legacy, fuelled by the trust of our shareholders and our cornerstone investor, NMDC, our mission is to generate shareholder value through strategic capital growth. We are steadfast in our pursuit to discover economic mineral deposits and transform them into producing assets.
Assets Overview
Legacy Iron Ore Limited (LCY) is actively exploring and developing mineral resource projects in Western Australia. The principal commodities are iron ore, gold, base metals, nickel, lithium and other Rare Earths Elements (REE).
Chairman’s Message
Mr Amitava Mukherjee
On behalf of the Board of Directors, I welcome you to Legacy Iron Ore. At Legacy, we are on a mission to explore, define and develop premium mineral resources projects which play a fundamental role in the way our world advances. Central to our mission, is our flagship asset, Mt Bevan, which stands as a testament to our dedication and vision in the realm of mineral resource development.
The Mt Bevan Iron Ore project has the potential to be a tier one, globally significant producer of high quality iron ore, delivering strong and consistent cashflows over a substantial period of time, and we are excited to bring this major project online as we move toward development and ultimately, production.
We are also advancing a suite of other highly prospective mineral assets with potential near term cashflows and significant exploration upside, including gold, lithium, nickel and rare earths, which provide the Company with multiple additional opportunities for mineral development and value creation.
We are proud to be backed by our partners Hancock Prospecting and our major shareholder, India’s National Mineral Development Corporation, NMDC Ltd, who collectively provide significant technical capability, funding capacity and access to global markets.
In working with our world class partners and developing our exceptional suite of first class assets, we are confident in creating long term value on behalf of shareholders. We look forward to welcoming you on this journey.
A word from the CEO
Mr Rakesh Gupta
Legacy Iron’s strategy is to rapidly transform the Company from exploration to production, generating outstanding cashflow, capital growth and exploration success from our suite of iron ore, gold, base and critical mineral assets.
We are proud to have been able to deliver to our shareholders a partnership with some of the world’s leading mining groups and a strategy to leverage our collective expertise and track record of success as we move toward production at Mt Celia aimed at generating imminent strong short term cashflows, leading into development and potential production at Mt Bevan, to deliver a profile of substantial, long term cash flows for many years to come.
Combined with the excellent prospectivity for lithium, rare earths, nickel and other base metals at our other remaining projects, Legacy offers shareholders a diverse profile across a range of key commodities.
We aim to be a world leader in mineral development and production of premier assets and are well along our path in achieving that goal. With an exciting programme of near term exploration and development milestones, Legacy looks forward to a bright future as it unlocks value in its core assets for the benefit of shareholders.
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