Strategic Minerals plc is a UK-based mineral exploration and production company that focuses on the development of mineral assets in the United States. The company's primary focus is on the exploration and development of its flagship asset, the Cobre magnetite deposit in New Mexico, which is a potential source of iron ore and other minerals. The company also has interests in other mineral assets in the US, including the Redmoor tin-tungsten project in Cornwall, UK. Strategic Minerals plc is listed on the AIM market of the London Stock Exchange.