Gippsland Critical Minerals is a future focused company seeking to develop a critical minerals operation in Gippsland, Victoria
Gippsland Critical Minerals is a future focused company that is seeking to develop a critical minerals site in Gippsland. These minerals will help Australia develop an independent source of the materials needed for manufacturing many things including renewable energy infrastructure. As Australia transitions into a future powered by renewable energy, these minerals, and by extension the Gippsland Critical Minerals Project become extremely important.
As part of the focus on caring for the environment, the operation itself would be minimally invasive, and the company is going above and beyond to protect and rehabilitate the landscape in question. Doing everything possible to ensure a better future for people and the environment are key values of Gippsland Critical Minerals.
The deposit was discovered in 2004 by Rio Tinto and has the potential to be high margin operation (1st quartile on the industry revenue-to-cost curve) and is currently ranked by the leading industry consultant as the best zircon project on an inducement pricing basis, driven by the zircon rich mineral assemblage. The Project is scoped with a 15-20 year mine life and can produce approximately 575kt pa of high-quality heavy mineral concentrates accessing key end markets in Asia. The project is expected to create ~200 direct jobs over the life of the project and deliver significant economic benefits for the region.
Appian is partnering with experienced management team and shareholders who have an excellent track record of asset development in the critical minerals (mineral sands) sector. Gippsland Critical Minerals is in the process of finalising a Definitive Feasibility Study based on the outcomes from the Environment Effects Statement.
For more information about Gippsland Critical Minerals, please click here.
|Asset||Location||Commodity||Stage||Mining Method||Total Reserves||Total Resources||Life of Mine||Production|
|Fingerboards||Australia||Rare Earths, Zircon, Rutile and Ilmenite||DFS||Conventional dry-mining||173Mt at 1.2% Zr, 1.9% TiO2, 0.1% REO||910Mt at 0.7% Zr, 1.2% TiO2, 0.1% REO||15||575ktpa heavy mineral conc.|
|Glenaladale||Australia||Rare Earths. Zircon, Rutile and Ilmenite||Resource definition||–||–||2.7Bt at 1.95% THM||–||–|