iShares S&P 500 (AUD Hedged) ETF (IHVV)

Overview

Superior Resources Limited, incorporated in 2005 and based in Milton, Australia, is focused on the exploration of mineral properties across Australia. The company has positioned itself as a key player in the mining industry through its exploration activities for a variety of valuable minerals. Its operations encompass the exploration for a wide range of deposits, including copper, gold, nickel, platinum grade elements, zinc, lead, silver, cobalt, and uranium. With a commitment to sustainable and responsible exploration practices, Superior Resources Limited has acquired 100% interests in significant projects such as the Greenvale project in New South Wales, the Nicholson project in north-west Queensland, and the Victor project, which spans four exploration permits over an area of 438 square kilometers also in north-west Queensland. This strategic diversification across mineral types and geographic locations underlines the company's ambitious approach to securing high-potential exploration targets and contributing to the resource industry in Australia.

Products and Services

• Copper Exploration: Superior Resources Limited is engaged in the exploration of copper, a critical metal used in electrical wiring, roofing, plumbing, and industrial machinery. The company searches for copper deposits that have the potential to become profitable mining operations in the future.
• Gold Exploration: The company explores for gold, one of the most sought-after metals due to its financial value and use in jewelry, electronics, and as an investment. Superior Resources Limited aims to discover gold deposits that could offer high returns on investment through extraction and sale.
• Nickel Exploration: Involvement in nickel exploration is a testament to the company's commitment to finding metals essential for stainless steel production and batteries, especially with the rise of electric vehicles.
• Platinum Grade Elements: The exploration for platinum grade elements, including platinum, palladium, rhodium, and others, is part of Superior Resources Limited’s portfolio. These elements are crucial for catalytic converters in vehicles, electronics, and jewelry.
• Zinc and Lead Exploration: The company also focuses on finding deposits of zinc and lead, metals used in galvanizing iron, producing die-cast products, and in batteries, shielding against radiation, and adding pigmentation in paints.
• Silver Exploration: Aside from its historical use as currency, silver has industrial applications in electronics, solar panels, and as an antibacterial in medical applications, making its exploration vital to diversifying the company’s portfolio.
• Cobalt Exploration: Cobalt exploration by Superior Resources Limited addresses the growing demand for cobalt in rechargeable batteries and superalloys, which is fueled by the global push towards electric vehicles and renewable energy sources.
• Uranium Exploration: The company is also involved in exploring for uranium, a key material for nuclear power generation, highlighting its interest in contributing to clean energy solutions.