Magellan Infrastructure Fund (Currency Hedged) (MICH)

Overview

Australian Silica Quartz Group Ltd. is a company deeply engaged in the exploration and development of precious minerals with a primary focus on silica sand and hard rock quartz. Since its inception in 2006, the company has expanded its operations to cover several key locations within Australia, including Gingin, Albany, and Esperance, signifying its strategic positioning to leverage the rich mineral resources found in these areas. Initially known as Bauxite Resources Limited, it underwent a significant rebranding in November 2019 to better reflect its primary business focus, marking a strategic pivot in its operations towards silica quartz. The company’s broad scope of interests spans across multiple mineral types, including nickel, copper, platinum group elements, and bauxite, showcasing a diverse portfolio in mineral exploration and development. With its headquarters in Subiaco, Australia, Australian Silica Quartz Group Ltd. operates with a strategic vision towards becoming a key player in the global silica quartz market.

Products and Services

• Hard Rock Quartz and High-Grade Silica Sand Exploration

At the core of its operations, Australian Silica Quartz Group Ltd. specializes in the acquisition, exploration, and development of high-quality hard rock quartz and silica sand, crucial materials used across various industries including glass manufacturing, foundry, and construction. The company's dedication to exploring the Silica Sands projects across strategic locations in Gingin, Albany, and Esperance highlights its commitment to tapping into Australia’s rich silica sand resources.

• Exploration Licenses and Project Development

The company holds significant interests in exploring and developing hard rock quartz projects that include 4 granted exploration licenses, along with applications covering an approximate area of 360 square kilometers across Western Australia and Queensland. This extensive coverage illustrates the company's strategic efforts to identify and develop potential mining sites rich in silica quartz and other valuable minerals.

• Nickel, Copper, and Platinum Group Elements Exploration

Beyond silica quartz, Australian Silica Quartz Group Ltd. endeavors to explore and potentially develop mineral deposits rich in nickel, copper, and platinum group elements. This diversification into other high-value minerals demonstrates the company's strategic approach to leveraging Australia's diverse mineral landscape and expanding its portfolio beyond its core focus on silica sands and quartz.

• Bauxite Exploration

Initially established with a focus on bauxite exploration, Australian Silica Quartz Group Ltd. continues to explore opportunities within the bauxite sector. Bauxite, being the primary ore for aluminum, holds significant economic value, and the company's ongoing interest in bauxite exploration reflects its heritage and adaptability in navigating the dynamic mining industry.