https://www.miningweekly.com

Platina finds site for Owendale plant

12th July 2018

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

     

Font size: - +

PERTH (miningweekly.com) – ASX-listed Platina Resources has signed a lease for the site of its proposed Owendale scandium processing facility, in New South Wales.

The site, a former abattoir, is some 70 km from the mine site and has a road system capable of handling the trucks that will be used to transport ore from the mine to the plant.

There was also opportunity to build a dedicated rail facility for handling bulk freight, as the main east-west rail line from Perth to Sydney runs nearby.

Electricity is available on site in the form of an existing 22 kVA supply, while water is available from an existing supply line, with potential for expansion. There are also existing ponds available for potential plant use and surface water run-off management.

Platina executive director Chris Hartley said on Thursday that the signing of a lease for the proposed processing facility was an important milestone in the development of the Owendal project.

“It gives us access to a premium site in close proximity to our scandium, cobalt and nickel resource. We are pleased to be able to start the redevelopment of this disused industrial site that has been largely unused for the last 30 years. It fits with our strategy of having a minimal impact on the local environment, while delivering sustainable benefits for the community.”

Hartley said that the site will be the basis for a definitive feasibility study (DFS) that is scheduled for completion at the end of the year.

“It reduces infrastructure costs for the provision of water, power and housing. We continue to work on engineering and environmental studies required to complete both the DFS and environmental-impact statement for the site that we plan to submit at the end of the year.”

Hartley added that the company has also started discussions with a number of local organisations to identify potential service providers.

A 2017 prefeasibility study on the Owendale scandium/cobalt/nickel mine found that the project would require a capital investment of $94-million to deliver a mine producing 42 000 t/y of scandium oxide.

Edited by Creamer Media Reporter

Comments

The functionality you are trying to access is only available to subscribers.

If you are already a subscriber, you can Login Here.

If you are not a subscriber, you can subscribe now, by selecting one of the below options.

For more information or assistance, please contact us at subscriptions@creamermedia.co.za.

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION