Strategic Minerals Plc is a mining enterprise that concentrates on the complete spectrum of mineral resource development, encompassing exploration, project advancement, and active mining operations. The company's primary operational asset is the Cobre mine in New Mexico, which supplies magnetite. This mineral is distributed across various industries for uses such as cement production, agricultural fertilizers, dense media/medium applications, paint pigments, water jet cutting, ballast, magnet manufacturing, toner, coal cleaning, and landscaping.