Strategic Minerals Plc, through its subsidiaries, engages in the exploration, development, and operation of mining projects. The company operates the Cobre mine in New Mexico, which sells magnetite for use in the cement, fertilizer, dense media/medium, paint pigment, water jet cutting, ballast, magnet, toner, coal cleaning, and landscaping markets. It also holds 100% interest in various tenements that are prospective for cobalt, nickel sulphides, rare earth elements, and gold in Western Australia. In addition, the company holds interest in the Leigh Creek Copper Mine located in the North Flinders Ranges of South Australia; and interest in the Redmoor tin/tungsten project in Cornwall, the United Kingdom. Strategic Minerals Plc was founded in 2010 and is based in London, the United Kingdom.