Welcome to SAIS
South American Iron & Steel (SAIS) is an Australian public company, listed on the ASX (SAY) since July 2007. Our goal is to produce high quality magnetite iron ore concentrates from iron sands and conventional magnetite iron ore deposits and ultimately produce pig iron at the low end of the cost curve using the best and newest technology available.
The company through its wholly owned south american subsidiaries has significant iron sands and conventional iron ore exploration areas in Chile, and it is focused on executing systematic and integrated resource definition and regional exploration programs.
SAIS is environmentally and socially conscious, and intends to consult with and improve the quality of life in local communities in our area of operations.
Project Ecuador
Fierroinca S.A is our 100% owned SAIS subsidiary in Ecuador. The company maintains an office in Quito the capital city and an analytical and metallurgical laboratory near the Port of Esmeraldas.
Project Chile
SAIS holds interest in four main projects. The Putu Project adjoins the coastal town of Constitucion. Aguas Claras Project is situated in the Central Valley at the foot of the Andes.The Maullin Project incorporates parts the southern coastline of Chile near Puerto Montt. The Quince Project is in the north of the Chilean Iron Ore Belt about 800km north of Santiago and 40km from Chanaral a coastal city and port facility, major airport 100km south. Based on drilling and geophysical data collected to date Putu is our highest ranked project in Chile, and is earmarked for accelerated appraisal and development.
Share Price
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