About us

FIJV is a private mining investment company that specialises in iron ore. We are active in the magnetite iron ore sector in Western Australia and are developing magnetite resources in the Yalgoo area of the mid-west region.

Together with our sole shareholder FSTA Australia Pty Ltd, owned by Fakoor Sanat Company, we possess decades of experience and expertise in process design and technology innovation for magnetite iron ore, as well as engineering, procurement and construction of iron ore concentrate plants.

FIJV is backed by its investors' long history of mining, including prospecting, exploration, resource estimation, modelling and mining of magnetite iron ore, as well as shipment handling and export of iron ore concentrate product.

Core to FIJV’s operations is safety, the environment and our stakeholders. Our company aims to enhance the welfare of present and future generations through creating jobs and opportunities that benefit the Yalgoo community and neighbouring regions of our investment projects. We maintain a high standard of ethics and are committed to working with our stakeholders to create a sustainable future.


Latest News


Yogi Project nominated as a strategic project in Western Australia

Environmental approval sought for Yogi Project

EPA Public Environmental Review