Murchison Metals Limited is an Australia-based company. The Company is principally engaged in the mineral exploration and evaluation activities and project development. The Company�s infrastructure and mineral exploration operations include Oakajee Port, Oakajee Rail, Tarraji, Duck Hill, Turtle, Halls Creek and Christmas Creek. During the fiscal year ended June 30, 2011, the Company�s activities included Crosslands Resources Ltd, which is engaged in exploration and mining operations at the Jack Hills iron ore project, and Oakajee Port and Rail Pty Ltd, which is engaged in the construction of new port and rail infrastructure in the mid-west region of Western Australia. It is also engaged in mining and processing iron ore in Western Australia. In February 2012, Mitsubishi Corporation�s subsidiary, Mitsubishi Development Pty Ltd, acquired Jack Hills Expansion Project, and the Oakajee Port and Rail project, from the Company.