The Karara Iron Ore Project is the only operational magnetite mine in the Yilgarn Craton, however, other magnetite iron ore deposits are being investigated as a source of magnetite ore in the Albany-Fraser Complex, where a large deposit is being proposed at Southdown. The Jack Hills, Weld Range and Mount Gibson banded iron formations, as well as BIFs around Yalgoo, are also considered potential sources of magnetite iron ore, although no operations are as yet running on this type of ore.