Broken Hill Prospecting Limited engages in the exploration and development of mineral resources in Australia. The company explores for rare earth metals, such as thorium and uranium; heavy mineral sands; titanium and zirconium; base and precious metals; industrial minerals; copper; and cobalt. It holds interests in the La Paz Rare Earth Project located in Arizona, the United States; the Heavy Mineral Sands Project covering approximately 7,300 square kilometers; three exploration licenses in the Broken Hill district covering 209 square kilometers; and Thackaringa Cobalt Project located to the southwest of Broken Hill, New South Wales. The company was formerly known as Broken Hill Cobalt Limited and changed its name to Broken Hill Prospecting Limited in November 2009. Broken Hill Prospecting Limited was incorporated in 1986 and is headquartered in Sydney, Australia.