Sinosteel Midwest Corporation Limited agreed to acquire remaining 40% stake in Weld Range Direct Shipping Ore Project from Hampton Hill Mining NL (ASX:HHM) on September 4, 2014. Hampton Hill will convert its 40% joint venture interest to a royalty amounting to 2% of the FOB value of any iron ore product sold in future from the joint venture tenements. The deal is subject to execution of a royalty agreement governing Hampton Hill's ongoing royalty entitlement.

Sinosteel Midwest Corporation Limited completed the acquisition of remaining 40% stake in Weld Range Direct Shipping Ore Project from Hampton Hill Mining NL (ASX:HHM) in the period ended June 30, 2015.