AMEX PORT

Fiji Sun - - FRONT PAGE - CHARLES CHAM­BERS charles.cham­bers@fi­jisun.com.fj Feed­back:

fa­cil­ity to open soon

Amex Re­sources Limited’s Mba Delta Iron­sands Project fa­cil­ity at the Lau­toka port is ex­pected to be of­fi­cially opened within the next few weeks.

It is un­der­stood that Prime Min­is­ter Voreqe Bain­i­maram has been ap­proached to of­fi­ci­ate at the open­ing of the mul­ti­mil­lion dol­lar fa­cil­ity.

Ini­tial open­ing

The ini­tial open­ing did not take place in 2019 as planned.

No of­fi­cial date has been set and no com­ment on the open­ing could be ob­tained from the com­pany.

Amex Re­sources started as Perth-based Aus­tralian stock ex­change listed com­pany.

It is now con­trolled by Chi­nese share­hold­ers with a tar­get of ship­ping pro­cessed iron­sand to Chi­nese steel mills. Chi­nese port de­vel­oper CCCC First Har­bour Con­sul­tants Co Ltd be­gan con­struc­tion in Oc­to­ber 2017, af­ter the ground break­ing cer­e­mony was of­fi­ci­ated by the then Min­is­ter for Lands and Min­eral Re­sources Faiyaz Koya.

In­vest­ment

Over $255 mil­lion was in­vested in the project with a fur­ther $100 mil­lion ear­marked for the com­ple­tion of con­struc­tion.

The port fa­cil­ity in­cludes a mas­sive iron­sands pro­cess­ing build­ing with its own port load­ing fa­cil­ity and of­fice com­plex.

The com­pany’s Mba Delta Iron­sands ore­body oc­curs as a sim­ple flat ly­ing blan­ket of fine to coarse mag­netite-bear­ing black sand.

It is ap­prox­i­mately 15 kilo­me­tres long by up to four kilo­me­tres wide lo­cated on the tidal and sub-tidal flats of the Ba River delta.

A fleet of up to four barges and a pusher tug will carry the prod­uct daily to the com­pany’s role sole-use fa­cil­i­ties nearby at Lau­toka port. It has proved the ore­body through nu­mer­ous phases of ex­plo­ration and de­vel­op­ment ac­tiv­i­ties.

The Amex Re­sources Limited’s Mba Delta Iron­sands pro­cess­ing build­ing in Lau­toka.

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