Data as at 18 October 2026 · from Western Australian Government registers and open data

Western Australian mining project · Operating

Ravensthorpe - First Quantum

Ravensthorpe - First Quantum is a Western Australian mining project (operating) in MINEDEX, owned by First Quantum Minerals Ltd 70%; Posco Holdings Inc 30%, on 32 current tenements held by AML (RAVENSTHORPE) PTY LTD; FQM AUSTRALIA NICKEL PTY LTD. Commodities: Nickel, Cobalt, Copper, Zinc, Iron, Aluminium, Magnesium, Limestone.

MINEDEX project: J02145
Stage: Operating
Owners (MINEDEX): First Quantum Minerals Ltd 70%; Posco Holdings Inc 30%
Tenement holders: AML (RAVENSTHORPE) PTY LTD
FQM AUSTRALIA NICKEL PTY LTD
Parent groups: Antares Metals
First Quantum Minerals
Commodities: Nickel, Cobalt, Copper, Zinc, Iron, Aluminium, Magnesium, Limestone
Rehabilitation liability: Its rehabilitation liability is in the MCF Mining Index (subscribers): the Mining Rehabilitation Fund estimate, its trend since 2014, company provisions and closure-plan costs

Resources and reserves

Commodity	Resources	Reserves	Latest estimate
Nickel	295 Mt at 0.55%, 1.6 Mt contained	180 Mt at 0.56%, 1,000 kt contained	31 December 2024
Cobalt	295 Mt at 0.03%, 83 kt contained	180 Mt at 0.03%, 54 kt contained	31 December 2024
Magnesium	295 Mt at 4.8%, 14.0 Mt contained	180 Mt at 4.1%, 7.3 Mt contained	31 December 2024
Calcium	280 Mt at 1.3%, 3.8 Mt contained	180 Mt at 1.5%, 2.7 Mt contained	31 December 2024
Iron	280 Mt at 12.3%, 34.3 Mt contained	—	31 December 2024
Aluminium	280 Mt at 1.7%, 4.9 Mt contained	—	31 December 2024

Current MINEDEX estimates over all the project's sites; resources may include reserves. MINEDEX (DMPE), CC BY 4.0.

Mine closure plans

Site	Operator	Latest plan approved	Plan (PDF on GeoDocs)	Closure year
FQM AUSTRALIA NICKEL PTY LIMITED - Shoemaker-Levy Mine Stage 1 and Infrastructure Corridor	FQM Australia Nickel Pty Limited	2 June 2020	FQM AUSTRALIA NICKEL PTY LIMITED - Shoemaker-Levy Mine Stage 1 and Infrastructure Corridor
RAVENTHORPE NICKEL OPERATIONS PTY LTD - MINERAL FIELD 74	FQM Australia Nickel Pty Limited	10 May 2016	MINE CLOSURE PLAN - RAVENTHORPE NICKEL OPERATIONS PTY LTD - MINERAL FIELD 74 - FEBRUARY 20

EPA Ministerial Statements

MS 633 Ravensthorpe Nickel Project (s46)

Tenements

Tenement	Holder	Status	Expires	Commodities	Hectares
M 74/85 Mining lease	AML (RAVENSTHORPE) PTY LTD	Granted	18 August 2035	Nickel, Cobalt, Copper, Zinc	986
M 74/108 Mining lease	FQM AUSTRALIA NICKEL PTY LTD	Granted	18 June 2043	Nickel, Cobalt, Zinc, Copper, Iron, Aluminium	801
M 74/114 Mining lease	FQM AUSTRALIA NICKEL PTY LTD	Granted	6 May 2040	Nickel, Cobalt, Copper, Zinc, Magnesium	628
M 74/115 Mining lease	FQM AUSTRALIA NICKEL PTY LTD	Granted	6 May 2040	Nickel, Cobalt, Copper, Zinc	948
M 74/116 Mining lease	FQM AUSTRALIA NICKEL PTY LTD	Granted	6 May 2040	Nickel, Cobalt, Copper, Zinc	968
M 74/123 Mining lease	FQM AUSTRALIA NICKEL PTY LTD	Granted	6 August 2045	Nickel, Cobalt	56
M 74/124 Mining lease	FQM AUSTRALIA NICKEL PTY LTD	Granted	6 May 2031	Nickel, Cobalt	4
M 74/125 Mining lease	FQM AUSTRALIA NICKEL PTY LTD	Granted	6 May 2031	Nickel, Cobalt	81
M 74/142 Mining lease	FQM AUSTRALIA NICKEL PTY LTD	Granted	30 August 2047	Nickel, Cobalt, Zinc, Copper, Iron, Aluminium	108
M 74/143 Mining lease	FQM AUSTRALIA NICKEL PTY LTD	Granted	27 October 2044	Nickel, Cobalt	129
M 74/144 Mining lease	FQM AUSTRALIA NICKEL PTY LTD	Granted	27 October 2044	Nickel, Cobalt, Copper, Zinc, Magnesium	630
M 74/145 Mining lease	FQM AUSTRALIA NICKEL PTY LTD	Granted	27 October 2044	Nickel, Cobalt, Copper, Zinc	539
M 74/167 Mining lease	FQM AUSTRALIA NICKEL PTY LTD	Granted	24 March 2031	Nickel, Cobalt, Zinc, Copper, Iron, Aluminium	439
M 74/168 Mining lease	FQM AUSTRALIA NICKEL PTY LTD	Granted	24 March 2031	Nickel, Cobalt, Zinc, Copper, Iron, Aluminium	951
M 74/169 Mining lease	FQM AUSTRALIA NICKEL PTY LTD	Granted	26 June 2028	Nickel, Cobalt, Copper, Zinc	615
M 74/170 Mining lease	FQM AUSTRALIA NICKEL PTY LTD	Granted	24 March 2031	Nickel, Cobalt, Copper, Zinc	286
M 74/171 Mining lease	FQM AUSTRALIA NICKEL PTY LTD	Granted	24 March 2031	Nickel, Cobalt	415
M 74/173 Mining lease	FQM AUSTRALIA NICKEL PTY LTD	Granted	6 January 2046	Nickel, Cobalt	994
M 74/174 Mining lease	FQM AUSTRALIA NICKEL PTY LTD	Granted	6 January 2046	Nickel, Cobalt	991
M 74/175 Mining lease	FQM AUSTRALIA NICKEL PTY LTD	Granted	6 January 2046	Nickel, Cobalt, Copper, Zinc	811
M 74/220 Mining lease	FQM AUSTRALIA NICKEL PTY LTD	Granted	28 March 2027	Limestone	448
M 74/235 Mining lease	FQM AUSTRALIA NICKEL PTY LTD	Granted	24 March 2031	Nickel, Cobalt	879
M 74/236 Mining lease	FQM AUSTRALIA NICKEL PTY LTD	Granted	24 March 2031	Nickel, Cobalt	38
M 74/237 Mining lease	FQM AUSTRALIA NICKEL PTY LTD	Granted	24 March 2031	Nickel, Cobalt	47
G 74/8 General purpose lease	FQM AUSTRALIA NICKEL PTY LTD	Granted	24 March 2031	Nickel, Cobalt, Iron, Aluminium, Magnesium, Copper	7
L 74/19 Miscellaneous licence	FQM AUSTRALIA NICKEL PTY LTD	Granted	6 August 2043	Nickel, Cobalt	4
L 74/20 Miscellaneous licence	FQM AUSTRALIA NICKEL PTY LTD	Granted	6 August 2043	Nickel, Cobalt	4
L 74/21 Miscellaneous licence	FQM AUSTRALIA NICKEL PTY LTD	Granted	20 January 2042	Nickel, Cobalt, Copper, Zinc, Iron, Aluminium	885
L 74/33 Miscellaneous licence	FQM AUSTRALIA NICKEL PTY LTD	Granted	16 February 2047	Nickel, Cobalt	32
L 74/36 Miscellaneous licence	FQM AUSTRALIA NICKEL PTY LTD	Granted	6 October 2047	Nickel, Cobalt, Copper, Zinc	9
L 74/37 Miscellaneous licence	FQM AUSTRALIA NICKEL PTY LTD	Granted	6 October 2047	Nickel, Cobalt, Copper, Zinc	17
L 74/54 Miscellaneous licence	FQM AUSTRALIA NICKEL PTY LTD	Granted	25 July 2040	Nickel, Cobalt, Iron, Aluminium, Magnesium, Copper	208