Case Study

Ridges Iron Ore Project

The investment team that founded ACH Global previously enjoyed success through the acquisition, funding and development of the Ridges Iron Ore Project in the Kimberley of Western Australia. Key highlights of this project were:

  • Identified opportunity and acquired in 2008
  • Developed relationship with Bolong, providing opportunity for seed level investment
  • Completed FS and tendered $60m debt/equity
  • Permitted and built project from zero base
  • First ore shipped in 2011, operated at 160kt/month
  • Sold to strategic key shareholder in mid-2012
  • Acquisition to monetisation in just 3 ½ years