Red Hill Minerals owns a 0.75% FOB royalty over the Onslow Iron Project located in Western Australia that is operated by Mineral Resources Limited (ASX: MIN).
The project is cashflow positive with the project expected to reach nameplate capacity of 35 million tonnes per annum in Q1 FY26(1).
The royalty revenue stream on iron ore payable to Red Hill covers a combined Mineral Resource Estimate of over 1.1 billion tonnes of iron ore and will be sourced from: