Gebeng Iron Ore Processing Plant (“the Gebeng Plant” )

In 2013, Prosperity acquired an iron ore processing plant in Malaysia.

The plant has a scrubbing-magnetic separation circuit for processing of run-of-mine iron ore to produce salable iron ore concentrate. Designed feed capacity of the plant is in the range of 1.0 to 1.2 million tonnes per annum, largely depending on the grade and physical characteristics of the run-of-mine feed, which is sourced from mines in the nearby region. Operation of the plant commenced in 2008 and has been in good order since then.