Future Expansion Plans

From a start up tonnage in the range of 1.5 to 3 million tonnes per year, it is envisaged that Olary Flats will be expanded in stages to 25 million tpy, as outlined below

Starting again from the Port end - - -

Shipping of Concentrates to Market

We will transition from geared bulk carriers to larger cape size bulk carriers loaded from barges via our own high volume trans-loading system. The number of barges in the fleet will be appropriately increased.

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Port loading and transfer

A new, high volume off shore port will be designed, permitted and built to accommodate expanded production beyond that which can be handled through the existing ports.

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Concentrate delivery Rail to Port

Railroad operations will transition to appropriate high volume loading and unloading equipment, maximum capacity wagons and a rail spur built from Olary town to Olary Flats to eliminate road trains.

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Concentrate delivery Mine to Port

In the future it may be economic to expand using slurry pipelines from mine to port. This would enjoy a 1:7 operational cost benefit over rail.

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Concentrate Process Plant at Mine

We will use dry magnetic separation exclusively in the ore processing plant and expand the process plant and the mine as needed to meet market demand.