Energy, Mining & Resources
The Glenaladale deposit is one of the biggest mineral sands deposits in the world, with a JORC (Joint Ore Reserves Committee) resource of 2.7Bt of heavy metal. It is located about 250km east of Melbourne.
The Fingerboards Mineral Sands Project focuses on a high-grade are of the Glenaladale ore body in the Eastern part of the deposit about 20km northwest of Bairnsdale.
Kalbar proposes to extract 170Mt of ore to produce around 8Mt of heavy mineral concentrate over 20 years.
Subject to approvals, Kalbar proposes to begin construction of the project in 2019 with mining operations to commence in 2020. Construction and commissioning/start up will take approximately 12 months.
The approvals process for the Fingerboards Mineral Sands Project includes an Environment Effects Statement (ESS) under the Victorian Environment Effects Act 1978. Kalbar anticipates that decisions on the EES, mining work plan, mining licence and cultural heritage management plan will take place in early 2019.
30 149 545 362