About Us

Grace Life-tech Holdings Limited (Stock Code: 2112.HK) is a rapidly growing iron ore product company mining and selling high-quality mineral products to leading steel manufacturers in the People’s Republic of China.

Based in Pahang, Malaysia, Grace Life-tech combines its low-cost open-pit operation technology, key relationships with mining industry personnel in the PRC, and highly experienced management to capture the vast opportunities arising from the explosive growth of the iron ore market in China. Our close proximity to the PRC as compared to iron ore suppliers in Australia, India, South Africa and Brazil also gives Grace Life-tech a competitive edge over these companies.

Grace Life-tech’ premier mine is Project Ibam, among the most fertile and iron-rich mines in Malaysia with a certified Total Probable Reserve of 105 Megatons (Mt) and an average of 44.8 percent total iron (Fe) content – far higher than the 30 percent average total iron content prevalent in Chinese iron ores. Project Ibam, which accounted for 44 percent of Grace Life-tech’ revenue in 2013, is expected to increase its annual iron ore production by 160 percent within two years and be active for at least 27 years.

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