Name of the Project
High-purity manganese sulphate monohydrate (HPMSM) project.
Location
Optimal plant location options in the US and Canada have been identified as part of the base case, ensuring strategic positioning within the North American market.
Project Owner/s
Jupiter Mines.
Project Description
A scoping study for HPMSM production has yielded promising results.
Jupiter is considering a plant in North America with a proposed capacity of between 80 000 t/y and 120 000 t/y.
The project is aiming for an initial capacity of 50 000 t/y for the first three years, increasing to 100 000 t/y from 2030.
One of the key benefits of the project is its competitive advantage in raw material sourcing and production. Jupiter holds a 49.9% interest in Tshipi é Ntle Manganese Mining, which owns the Tshipi mine, in South Africa.
South Africa is estimated to hold about 80% of the world’s known economic manganese resources.
Therefore, Jupiter has immediate access to about two-million tonnes of readily available, low-grade stockpiled manganese ore, suitable for HPMSM production.
This ore, with a more than 30% grade by-product, offers a higher manganese grade than most competitor resources dedicated to HPMSM, making it a cost-effective and efficient source of raw material, with no additional carbon emissions footprint from mining activities for the HPMSM ore supply.
In addition, the proposed production process at Jupiter is expected to achieve high metal recovery rates, enhancing the overall efficiency and sustainability of HPMSM production.
Potential Job Creation
Not stated.
Net Present Value/Internal Rate of Return
Under base case assumptions, the project has an internal rate of return of 25% and a net present value, at an 12% discount rate, of $260-million. Payback is estimated at about 4.3 years.
Capital Expenditure
The capital cost for the 100 000 t/y plant is estimated at $430-million.
Planned Start/End Date
Production ramp-up is expected to start from 2028 and reach full capacity by 2032.
Latest Developments
None stated.
Key Contracts, Suppliers and Consultants
None stated.
Contact Details for Project Information
Jupiter Mines, tel +61 8 9346 5500 or email info@jupitermines.com.