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Form 604 - Notice of change of interests of substantial holder

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Appendix 3Y - Change in Director's Interest Notices 

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Quarterly Activities and Cashflow Report 30 June 2014

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Baosteel - Becoming a substantial holder

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Appendix 3Y - Change in Director's Interest Notices

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Appendix 3Y - Change in Director's Interest Notices

 

 ABOUT RED HILL IRON

 

Red Hill Iron Limited (RHI) was formed in 2005 with the purpose of acquiring and evaluating an extensive tenement package covering much of the western margin of the Hamersley Province of the West Pilbara region of Western Australia.

 

RHI has 49,405,037 fully paid ordinary shares on issue and 500,000 unlisted employee options. RHI concentrates on managing its channel iron (CID) interests located in the Western Pilbara region of Western Australia. It also has quarrying opportunities in the same region.

 

The Company holds a 40% interest (reducing to 20% in the event that commercial sales of ore commence) in the Red Hill Iron Ore Joint Venture (RHIOJV). The joint venture represents the substantial portion of the West Pilbara Iron Ore Project’s (WPIOP) proven and probable reserves of over 400 million tonnes. The WPIOP participants (being Aquila Resources Limited and AMCI Inc) plan to establish a rail link to a proposed new port at Anketell Point.

 

The Company has achieved positive results from a recently completed Prefeasibility Study of its wholly owned Pannawonica Project, which contemplates a CID direct shipping operation from the three Mining Leases held by RHI which cover the Project’s resources. The Company has also secured a Mining Lease over porphyry rock outcrops suitable for quarrying products for proposed nearby mine, road, port and rail infrastructure developments.