Core Viewpoint - The announcement from Mount Gibson Iron Limited (MGI) regarding a significant rockfall incident at the Koolan Iron Ore mine has led to the suspension of mining activities in the affected area, impacting iron ore supply to the company [1][2]. Group 1: Incident Details - A major rockfall occurred on October 16, 2025, at the eastern side of the main pit of the Koolan Iron Ore mine [1]. - MGI has determined that remediation and resumption of mining operations in the affected area are not feasible due to safety risks and the limited remaining mining life of the Koolan area, which was expected to conclude around September 2026 [2]. Group 2: Operational Impact - Mining activities at the Koolan area have been suspended, although processing of available ore stockpiles will continue to meet scheduled shipments [2]. - MGI has notified that some shipments originally planned for the fourth quarter of 2025 will be delayed due to the incident [2]. Group 3: Company Response - The company maintains that all major business operations are running normally as of the announcement date [2]. - MGI is currently in discussions with Koolan regarding iron ore supply and is assessing the overall impact of the incident on its business [2].
新矿资源:主要供应商于Koolan作业区发生落石事故,集团正评估事故影响