SML fundamentals

Strategic Minerals Plc engages in the exploration and development of mining projects. It operates through the following segments: Southern Minerals Group LLC, Head Office, Australia, United Kingdom and Development Asset. The Southern Minerals Group LLC segment involves in the sale of magnetite to U.S. domestic market and transported magnetite to port for onward export sale. The Head Office segment includes administrative costs of central operations and finances the Group's operations. The Australia segment holds the Central Australian Rare Earths Pty Ltd tenements in Australia and incurs related operating costs. The United Kingdom segment holds investment in the Redmoor project in Cornwall and United Kingdom. The Development Asset segment holds the Leigh Creek Copper Mine Development Asset in Australia and incurs all related operating costs. The company was founded on November 16, 2010 and is headquartered in London, the United Kingdom.