Mercantile Investment Company Limited is an Australia-based investment company. The principal activities of the Company are investment in cash and securities, which will provide risk adjusted returns, including by way of short term trading, profit making ventures and holding shares for dividend yield/long term capital appreciation. The Company operates predominantly in Australia and in one industry being the securities industry, deriving revenue from trust distribution, dividend income, interest income and from sale of its investment portfolio. The Company's subsidiaries include Murchison Metals Ltd, Mercantile ADF Pty Ltd, Mercantile IAH Pty Ltd, Mercantile IAM Pty Ltd, Mercantile OFM Pty Ltd, ATL Exploration Pty Ltd, MMX Investments Pty Ltd, MMX Port Holdings Pty Ltd, MMX Rail Holdings Pty Ltd, Jack Hills Holdings Pty Ltd and Weld Range Mining Pty Ltd.