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INFORMATION ON ARH
ARH is a company incorporated in Australia with limited liability whose shares are
listed on the Australian Stock Exchange since 7 June 1984.
The principal activity of ARH is mineral exploration. According to the directors’
report of ARH contained in its annual report 2006, ARH pursued major energy and iron
ore projects which have the potential to capitalise on opportunities from the
developing economies of China, India and other emerging Asian nations. With
reference to the information posted on the website of ARH, the recent development of
ARH includes (i) the Balmoral South Iron Ore Project in respect of acquiring the right
to mine 1,000,000,000 (1 billion) tonnes of magnetite ore from part of the Balmoral
South Project, situated in the Pilbara region of Western Australia; and (ii) the Sherlock
Bay Nickel Project, situated in the West Pilbara region of Western Australia, in respect
of exploiting the nickel sulphide deposit contained in that project area.