Koolan Island Iron Ore Mine (Mount Gibson Iron)

The information provided describes the transition of Koolan Island, a site historically significant for its high-grade iron ore mining operations. For years, the island has been managed by Mount Gibson Iron (MGX), an Australian mining company headquartered in Perth. The island is renowned for having some of the highest-grade direct shipping iron ore (DSO) in the world, primarily serving international steel markets through export from its deepwater port.

Following MGX's move to exit mining operations on the island, the site is being sold to Crestlink, a Perth-based logistics and infrastructure entity. This transition marks a shift from mineral extraction to the development of a multi-purpose offshore sea and air logistics base. The new vision for Koolan Island leverages its existing industrial infrastructure—including a significant accommodation camp, heavy-duty port facilities, and a 2-kilometre runway—to serve the oil and gas, marine, defence, and security sectors in Australia's remote Kimberley region.