Murchison Metals Limited (Murchison) is an Australia-based company. The principal activities of the Company were mineral exploration, project development and iron ore mining operations. During the year ended March 31, 2009, the Company undertook exploration at the Rocklea project, exploration and mining at the Jack Hills iron ore project and expansion of the Jack Hills project. The Company operated is a single segment. The Company’s subsidiaries include ATL Exploration Pty Ltd, MMX Investment Pty Ltd, Jack Hills Holdings Pty Ltd, MMX Port Holdings Pty Ltd and MMX Rail Holdings Pty Ltd.