
Mount Gibson Iron (ASX:MGX) is an Australian iron ore producer with a focus on high-grade hematite iron ore. The company's flagship operation is the Koolan Island mine, which is located in the Buccaneer Archipelago off the coast of Western Australia. Mount Gibson Iron also has a number of other iron ore projects in development in the Mid West region of Western Australia. Koolan Island is a high-grade iron ore mine that has been producing since 2007. The mine has a long reserve life and is expected to continue producing for many years to come. Shine is a lower-grade iron ore mine that is currently on care and maintenance. The company is considering a restart of the mine in the future, subject to market conditions.