Projects Up­date: 2019

The Australian Mining Review - - CONTENTS -

ELI­WANA

Fortescue Met­als Group (100%) www.fmgl.com.au Eli­wana is set to re­place pro­duc­tion at the 30mtpa Fire­tail mine, and will fur­ther con­trib­ute to FMG’s new 60.1 per cent West Pil­bara Fines iron ore prod­uct. • Cap­i­tal cost: $US1.275 bil­lion

• Jobs: 1900 dur­ing con­struc­tion, 500 in op­er­a­tions

• Devel­op­ment start date: 2019

• First pro­duc­tion: De­cem­ber 2020

• Mine life: 18 years

KOODAIDERI

Rio Tinto (100%) www.riotinto.com Koodaideri will de­liver a new 43 mil­lion tonne iron ore pro­duc­tion hub for Rio Tinto, and will be its most tech­no­log­i­cally ad­vanced mine to date.

• Cap­i­tal cost: $3.5 bil­lion

• Jobs: 2000 dur­ing con­struc­tion, 600 in op­er­a­tions

• Devel­op­ment start date: 2019

• First pro­duc­tion: Late 2021

• Mine life: 30 years

MOUNT PEAKE

TNG Lim­ited (100%) www.tngltd.com.au Open pit min­ing and on­site pro­cess­ing to pro­duce a mag­netite con­cen­trate • Cap­i­tal cost: $853 mil­lion for stage 1 and $969 mil­lion for stage 2

• Jobs: Up to 500 in con­struc­tion and 175-250 in op­er­a­tions

• Devel­op­ment start date: 2019 (sub­ject to fur­ther ap­provals) • First pro­duc­tion: 2021

• Mine life: 17 years

NOLANS

Ara­fura Re­sources (100%) www.arultd.com An open cut rare earths mine with a tar­geted an­nual out­put of 3600 tonnes of neodymium and praseodymium (NdPr) and other by-prod­ucts. • Cap­i­tal cost: $US680 mil­lion

• Jobs: 400-500 in con­struc­tion and 250-300 in op­er­a­tions • Devel­op­ment start date: late 2019 (sub­ject to Fi­nal In­vest­ment De­ci­sion) • First pro­duc­tion: 2021/2022

• Mine life: 40 years based on iden­ti­fied re­sources

SCONI

Aus­tralian Mines (100%) www.aus­tralian­mines.com.au A cobalt-nickel-scan­dium pro­ject with a 2 mil­lion tonne per an­num pro­cess­ing plant. • Cap­i­tal cost: $1.35 bil­lion

• Jobs: 500 dur­ing con­struc­tion and 300 in op­er­a­tions

• Devel­op­ment start date: 2019 • First pro­duc­tion: 2021

• Mine life: 18 years

OLIVE DOWNS

Pem­broke (100%) www.pem­bro­kere­sources.com.au Green­field met­al­lur­gi­cal coal mine with a yield of up to 15 mil­lion tonnes of prod­uct coal per an­num for steel pro­duc­tion.

• Cap­i­tal cost: $1 bil­lion

• Jobs: 3500 in con­struc­tion and 1000 in op­er­a­tions

• Devel­op­ment start date: 2019 • First pro­duc­tion: 2020

• Mine life: More than 50 years

CARMICHAEL

Adani (100%) www.ada­ni­aus­tralia.com A 10 mil­lion tonne per an­num ther­mal coal mine, with plans to ramp up to 27.5mtpa. • Cap­i­tal cost: $2 bil­lion

• Jobs: 1500 jobs dur­ing con­struc­tion

• Devel­op­ment start date: 2019 (pend­ing ap­provals) • First pro­duc­tion: 2021

• Mine life: 30+ years

CLEAN TEQ SUN­RISE

Clean TeQ (100%) www.clean­teq.com Sun­rise is one of the high­est grade and largest nickel and cobalt de­posits out­side of Africa and one of the largest scan­dium de­posits in the world. • Cap­i­tal cost: $1.7 bil­lion

• Jobs: 1000 in con­struc­tion and 300 in op­er­a­tions

• Devel­op­ment start date: Mid 2019 • First pro­duc­tion: 2019

• Mine life: More than 40 years

BYLONG COAL

KEPCO Bylong Aus­tralia (100%) www.by­long­pro­ject.com.au Open cut and un­der­ground mine ex­pected to pro­duce up to 6.5 mil­lion tonnes of run of mine coal per an­num for sup­ply to the ther­mal coal ex­port mar­ket. • Cap­i­tal cost: $1.3 bil­lion

• Jobs: 650 in con­struc­tion and 450 in op­er­a­tions

• Devel­op­ment start date: 2019 (sub­ject to ap­provals)

• First pro­duc­tion: [un­known]

• Mine life: 25 years

ROGETTA

For­ward Min­ing (100%) www.for­ward­min­ing.com The big­gest iron ore mine in Tas­ma­nia, Rogetta is forecast to pro­duce 1mtpa over its ini­tial mine life, and could fetch ex­port rev­enues of up to $100 mil­lion a year. • Cap­i­tal cost: $100 mil­lion

• Jobs: 200 jobs dur­ing con­struc­tion and 100 jobs in op­er­a­tions

• Devel­op­ment start date: 2019 • First pro­duc­tion: 2020

• Mine life: 30 years (ini­tial 8 years)

SIVIOUR

Re­nascor Re­sources (100%) www.re­nascor.com.au Siviour the largest graphite de­posit in Aus­tralia, and the fifth largest graphite de­posit in the world with an­nual pro­duc­tion of 123,000 tonnes.

• Cap­i­tal cost: (Stage 1) $US29 mil­lion, (Stage 2) $US91 mil­lion

• Jobs: About 150 dur­ing con­struc­tion and 100 dur­ing op­er­a­tions

• Devel­op­ment start date: Q4 2019 (pend­ing ap­provals) • First pro­duc­tion: 2020

• Mine life: 60+ years

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