Karara has estimated reserves of 2 billion tonnes of ore grading 35.5% iron metal.

It is owned by Ansteel Group (52.16%) and Gindalbie Metals (47.84%).

The ore would be initially transported by a narrow gauge railway to the existing port of Geraldton in quantities up to 10 million tonnes per annum (Mtpa).

When a standard gauge railway is built to a new port at Oakajee, the tonnage would increase to at least 30 Mtpa.

The Karara branch joins the main line just north of Morawa.