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Geology, mining and beneficiation How big is the ground holding of Magnetite Mines in the Mawson Iron Province? The Mawson Iron Province, which extends over both sides of the Barrier Highway from the towns of Yunta to Broken Hill (~200km distance), covers approximately 12,000 square km, about the equivalent size of Sydney.
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Karara Mining. Loed 200 km southeast of Geraldton in the Shire of Perenjori, Western Australia, Karara is the largest mining operation and the first major magnetite mine in the Mid West.
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By comparison, magnetite ore typically has a much lower iron content when mined of between 25% and 40% Fe and in this form is unsuitable for steel making. The main iron mineral in magnetite ore is the ferrous iron oxide magnetite (Fe 3 O 4 ).
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