Parker Range iron-ore project, Australia
Name of the Project
Parker Range iron-ore project (PRIOP).
Location
Yilgarn region of Australia.
Project Owner/s
Cazaly Resources.
Project Description
The PRIOP hosts a near mine-ready iron-ore deposit, the key features of which include an ultralow phosphorous hematite ore located close to major infrastructure, with key approvals to mine in place.
The project has a proven and probable ore reserve of 31.4-million tonnes targeting an iron-ore fines product grading 56.4% iron (61.9% calcined iron) and 0.02% phosphorous, 6% silicone dioxide and 2.5% aluminium oxide defined.
A definitive feasibility study (DFS) completed in 2011 envisaged a 4.2-million-tonne-a-year operation.
Potential Job Creation
Not stated.
Net Present Value/Internal Rate of Return
Not stated.
Capital Expenditure
The 2011 DFS estimated a capital cost of A$169.5-million. A 2019 cost study has, however, lowered this to A$130-million.
The major reductions to capital expenditure are as a result of the removal of the accommodation village and the use of third-party camp facilities.
Planned Start/End Date
Not stated.
Latest Developments
Cazaly is in discussions with potential end-users of the Parker Range product.
Key Contracts and Suppliers
Avora (cost study).
On Budget and on Time?
Not stated.
Contact Details for Project Information
Cazaly Resources, tel +61 8 9322 6283 or email admin@cazalyresources.com.au.
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