Name of the Project
Coburn mineral sands project integrated energy solution.

Location
The project is located in the midwest of Western Australia.

Project Owner/s
Strandline Resources.

Project Description
The project involves the development of a 27 MW integrated and trucked liquefied natural gas, storage and power station facility, comprising gas and diesel backup generators combined with state-of-the-art solar and battery technology.

Potential Job Creation
Not stated.

Capital Expenditure
Not stated.

Planned Start/End Date
None stated.

Latest Developments
Strandline Resources has signed three sales contracts over its Coburn mineral sands project.

The agreements are forecast to have a combined value of about $400-million over the five-year period, based on the pricing structures contained within each.

The long-term offtake agreements represented about 66% of Coburn’s forecast revenue for the first five years of production, and covers all the ilmenite and zircon, as well as a substantial portion of the finished zircon product to be produced at the project during that period.

Under the ilmenite sales contract, US-based titanium dioxide producer The Chemours Company will acquire all the 110 000 t/y of ilmenite produced at Coburn over the first five years of production, with the ilmenite sales expected to generate between 20% and 24% of Coburn’s total revenues.

A separate agreement with Sanxiang Advanced Materials and Nanjing Rzisources International Trading Company, operating under a strategic partnership, accounted for all the zircon concentrate to be produced at Coburn over the first five years of production.

The zircon concentrate sales are expected to generate about $200-million in revenue over a seven-year term, Strandline has said, accounting for between 22% to 26% of the project’s total revenue.

Strandline has also signed an agreement with one of the world’s largest zircon consumers, Industrie Bitossi, over a substantial portion of the premium finished zircon product to be produced at Coburn during the first five years of the project life.

The zircon sales covered in this agreement will generate about 18% of Coburn’s total forecast revenue for the period, Strandline has said.

Offtake negotiations for the remaining revenue streams at Coburn are advancing well, including for the yearly rutile production and for the rest of the premium finished zircon

Key Contracts and Suppliers
Woodside and EDL (integrated energy solution).

Contact Details for Project Information
Strandline Resources, tel  +61 8 9226 3130 or email enquiries@strandline.com.au.