Polaris Metals NL was an Australian mining company that focused on the exploration and development of iron ore projects in Western Australia. The company was founded in 2003 and was headquartered in Perth, Western Australia.
Polaris Metals NL's flagship project was the Carina Iron Ore Project, located in the Yilgarn region of Western Australia. The project was a joint venture with Mineral Resources Limited, with Polaris holding a 50% interest. The Carina project was expected to produce high-grade iron ore for export to Asian markets.
In 2014, Mineral Resources Limited acquired the remaining 50% interest in the Carina project from Polaris Metals NL, effectively taking over the project. Following the acquisition, Polaris Metals NL was delisted from the Australian Securities Exchange and ceased to exist as a separate entity.
Today, the Carina project is operated by Mineral Resources Limited and is a significant contributor to Western Australia's iron ore industry.