CITIC Pacific Mining is the Australian subsidiary of Chinese company Citic, which is a conglomerate partially owned by the Chinese government with remaining shares listed in Hong Kong.
The business was established to manage Citic's first major investment in Australia, the Sino Iron project. That operation, located 100 kilometres south west of Karratha, produces and processes magnetite from a Pilbara mine, with shipments of 15 million tonnes expected in calendar 2017. It includes a desalination plant, 480 megawatt power generation plant and transshipment port.
Sino first shipped ore in 2013, and the mine's facilities completed commissioning in 2016.
The company has been in an ongoing legal battle with Clive Palmer's Mineralogy, which holds the Sino Iron tenement.
