Feathering the nest for Indian challenge

MELBOURNE Cup day will always be special at Mineral Deposits. It was on that day in November 1998, while the rest of Australia was watching a horse race, that the company quietly concluded a deal that would shape its future.

Feathering the nest for Indian challenge Feathering the nest for Indian challenge Feathering the nest for Indian challenge Feathering the nest for Indian challenge Feathering the nest for Indian challenge

For a price of $8.7 million, Mineral Deposits bought the Hawks Nest titanium mineral project in New South Wales from the then BHP.

Both sides were delighted.

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