Indophil Resources has been delisted from the Australian Securities Exchange (ASX). In late January 2015, Indophil became a wholly-owned subsidiary of Alsons Prime Investments Corporation. On 30 June 2016, the Company changed from a public to a proprietary company limited by shares - Indophil Resources Pty Ltd. The Company's key asset is a strategic 37.5% interest in the world-class Tampakan Copper-Gold Project in the southern Philippines, in which global mining house Glencore plc holds a 62.5% interest. The project is held under a contract to the Philippine Government. The Tampakan Project has a global resource of 2.94 billion tonnes, containing 15 million tonnes of copper and 17.9 million ounces of gold at a 0.2% copper cut-off grade. The Tampakan Project is one of the world's largest undeveloped large-scale, long-life copper and gold deposits.