Strategic Minerals plc operates as a diversified mineral production and development company. The company operates Cobre mine in New Mexico, the United States, 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 in the Northern Territory and Western Australia that are prospective for cobalt, gold, nickel sulphides, and rare earth elements; and the Leigh Creek copper mine that is situated in the copper rich belt of South Australia, as well as the Redmoor tin/tungsten exploration project in the United Kingdom. The company was founded in 2010 and is based in London, the United Kingdom.